Authorization

Shopin launches open-source Github of GDPR compliant Distributed Hash Table (DHT) and Blockchain hybrid infrastructure with a new whitepaper and yellow paper

Brooklyn, Nov. 06, 2019 (GLOBE NEWSWIRE) -- Shopin releases a first look at ShopChain: a GDPR compliant approach for retail, and other industries, to offer their customers self-sovereignty for their most valuable data, with enhanced security.a??Between its utilization in BitTorrent and (Content Delivery Networks) CDNa??s, more than 44% of Internet traffic is peer-to-peer traffic* that has been transmitted through the use of DHTsa?? states Lane Campbell, Shopin Advisor and co-inventor of ShopChain. a??The concept of storing user data directly on a traditional blockchain is ludicrous and not at all the correct application of todaya??s blockchain technologies. Today blockchain technology is best described as fundamentally decentralized worm storage that is slow and correctly utilized as an immutable log for transactions.a??.DHT technology is not new. Most people have encountered the peer-to-peer technology via torrent networks such as BitTorrent. In these synchronous and symmetrical data exchanges, the peers all want to at some stage have the complete file. A ShopChain innovates in several ways, with the core concept that the encrypted data of a consumer exists in an asymmetrical and asynchronous distributed hash table (aDHT). The blockchain implementation allows the user to own and secure their data via private keys, with the blockchain attesting to where the data is stored in the exchange. To stay compliant, the data can be deleted from the exchange, is portable, and the blockchain also serves as an immutable attestation to any changes.A Furthermore, the network is resistant to distributed denial-of-service (DDoS) attacks, Sybil and other attacks, requiring a 2/3rd network control for changes to occur. This approach makes the network ideal for a federation of enterprise clients to offer intense levels of user data protection, whilst simultaneously offering very fast transactional speeds.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Ноябрь 2019    »
ПнВтСрЧтПтСбВс
 123
45678910
11121314151617
18192021222324
252627282930