January 3, 2022 at 9:43 pm #29365keciaParticipant
I know that padlocks provide the best decentralized security solution for online communication.
Like most of the famous tokens of the digital world, PadLock token is based on blockchain technology.
As an emerging digital technology,blockchain technology has many advantages over conventional technologies, with diverse applications in multiple fields.
It has some unique characteristics like decentralization,safety, security, and transparency. Providing high-level security andsafety to its users.
PadLock token, a BEP-20 token, runs on the Binance Smart Chain (BSC), a sovereign blockchain that was developed as a means of utilizing solidity-based smart contracts with much greater speed and efficiency than other, competing chains.
PadLock will allow its users to communicate, send files and talk without corporate servers between them, thus adding and bringing value by impacting the lives of people and companies.
No more information leaks, no more viruses, no more phone nor email requirements to sign up, being the best part that all information will be managed and stored in the blockchain.More specifically, PadLock DApps will remove the lack of security in online communications, the lack of bad infrastructure of owners, the easy access to third parties to personal data, the lack of ownership of the own data, the lack of trust in online transaction and information sharing, the lack of confidentiality, the obligation to accept a central body conditions to use its service and the lack of anonymity.
A decentralized application (DApp) is an application built on a decentralized network (blockchain network) using smart contracts. It combines a frontend user interface with a backend code running on a decentralized peer-to-peer network.
Means that they are independent. There’s no central body that controls the information and transactions.
They perform the same function irrespective of the environment they are executed.
Given the required resources, the DApp can perform any action.
Executed in a virtual environment so that if the smart contract happens to have a bug, it won’t hamper the normal functioning of the blockchain network.
Once the smart contract at the core of an app is deployed and on the blockchain, the network as a whole will always be able to serve clients looking to interact with the contract. Malicious actors therefore cannot launch denial-of-service attacks targeted towards individual DApps.
you don’t need to provide real-world identity to deploy or interact with a DApp.
Resistance to censorship
No single entity on the network can block users from submitting transactions, deploying DApps, or reading data from the blockchain.
Complete data integrity
Data stored on the blockchain is immutable and indisputable. Documents stored on the blockchain are duplicated several times to ensure the restoration of data in case of any data loss and malicious actors cannot forge transactions or other data that has already been made public.
Trust-less computation & verifiable behavior
Smart contracts can be analyzed and are guaranteed to execute in predictable ways, without the need to trust a central authority. This is not true in traditional models; for example, when they use online banking systems, they have to trust that financial institutions will not misuse their financial data, tamper with records, or get hacked.
• Managed by PadLock team.
• Min. contribution: 50BNB
• Max. contribution: 150BNB
• Discount: 20% on market listing price.
• IEO done through Coinsbit Exchange.
• Smart contracts audited by Coinsbit.
• Discount: 10% on market listing price.
• Available at: Coinsbit Exchange.
For more info you can simply visit https://padlocktoken.io
- You must be logged in to reply to this topic.