“Identity is a universal problem inherent in all technology.”
In banking, identity authentication and authorization is a process to any operation. And it is also a way to build trust further to guarantee the security of transactions. In the Internet era, do you ever met your system vunerable due to an unknown subtitle file? Or a text message can hack your oven? Even a word file can give root access to cybercriminals? As well as the connected devices which conntect to your account are hacked frequently.
Digital encrypted currency has been explored since a few years ago. Bitcoin is a crypto based digital currency, which is untraceable due to its unbuilt characteristics. The buyer and seller cannot be associated with the transaction confirmed on blockchain.info. The only known detail is the transfer Bitcoin wallet address which doesn’t fulfill any know your customer norms.
Therefore, criminals use Cryptocurrency such as Bitcoin to carry out the financing of their illegal activities on the dark net. The dark web has zeta bytes of useful information, resources and research, but it also acts as a breeding ground for cyber criminals. The sale of drugs, banned weapons, stolen financial information or any other illegal activities you could imagine are available on the Dark Web. There are hard-coded criminals hidden in the shade of the dark net. One of the best examples is the ‘silk road’. The FBI seized this website due to all the illigal goods that were being traded for Bitcoin.
And imaging that if there is a way to allow you to establish trust instantly, and the operational transparency that could be achieved without deep, complex layers of IT security, as well as the only one time for identity authentication while conducting thousands of online transactions.
Cryptocurrency records are a ledger of all transactions. The Cryptocurrency ledger shows the transaction records for both, proofs of ownership and proof of transfer in a distributed decentralized manner. The digital currency cannot be regulated. There is no apex body or agency that issues Cryptocurrency. The underlying technology is Blockchain and the base Cryptography is the RSA algorithm.
What is the future for Blockchain?
Blockchain realize the identity authentication and authorization. Ensuring that a user is who he says he is, and then authorizing him to do something, is a problem that every industry has to deal with. It is both advanced and straightforward. By utilizing public key/private key cryptography, which has been around for decades, a blockchain can be deployed to create identification systems that are revolutionary in their simplicity.
Decentralization will be the future of this technology. The power of decentralization will create a fraud proof system. Shuqin tech has developed an open middle tier, by fusion up the technical advances for blockchian and overcome the capacity issue of public blockchain we provided a “Blockchin+” technical solutions, and established a trustworthy electronic certificate service platform – Baoquan.com.
Gifts for You
NO.1：【Free Recordkeeping】NO.2：【Sign up for rewards】
Step 1: Enter into Baoquan.com, then sign up as a member of Baoquan.com
Step 2: Enter into “Account”, Click the fourth icon “”, enter “73FK3F”, then you can own the cash coupon “￥88”as rewards.
Notice: This cash coupon can be used in the services of download TEC(Trustworthy Electronic Certificate), e-data attestation, socialized verify.
NO.3：【Free Blockchain Reports】
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For enterprises, the following table are showing the main services.
For more detailed information, please contact email: js@baoquan.com
WHAT WE ARE SEEKING FOR:
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/> WHAT YOU WILL DO:
- Work on the most interesting and challenging problems in the Blockchain space.
- Be a part of a Blockchain team committed to the advancing technology
- Build reusable, modular code liaries for use across Blockchains product line.
- Work on an industry-leading product with big data.
- The foremost quality for this or any position at Blockchain is integrity.
- Experience working with Java, golang and relational databases.
- Thrive on learning new technologies and dont believe in one-size-fits-all solutions.
- Understand how all the pieces fit together (front-end, database, network layer, etc.) and how they impact the performance of your application.
- Familiar with IBM Hyerledger, Ethereum, siacoin or bitcoin.
- Strong attention to detail.
Contact us: js@baoquan.com
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