Wednesday 8 August 2018

SID - Decentralized Blockchain Technology New Level Of Sharing Data

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SID is a global platform for data exchange. SID (ShareInternetData) is a peer-to-peer, decentralized Internet exchange system that allows data to be shared automatically with other users of the ecosystem. Inside this system, users connected to the SID network can distribute a free WI-FI, or organize a 3G / 4G point, receiving in exchange specially created for this SID token as a reward. users will be able to exchange instant messages directly with each other.
The project aims to provide access to the Internet for those who do not have this opportunity (the poor). Users will be able to receive project tokens and access the Internet through them. Other users get the opportunity to use the Internet for free, but for viewing advertising, or to pay premium access to SID tokens. To do this, they will need to view certain ads as compensation. For tokens, you can buy megabytes of Internet traffic or change with other users. Transactions will be powered by Blockchain as well as a transparent system.

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Also, in the SID application, a coin purse will be available. The technology is designed primarily for smartphone users. Internet access will be provided through other users who will already be on the Internet. In this system, you only need to buy megabytes for tokens and you can use the Internet bypassing traditional Internet providers. SID will make it possible to earn money by providing the Internet to other users in its peer-to-peer network. Imagine, you distribute the Internet, get tokens, then exchange them for real money. The price of the token will depend on the popularity of the project.
To distribute the Internet, as well as for reception, it is necessary to download specially created for this mobile software. It allows the sharing of internet data from one smartphone to another, so the other phone can have internet connectivity, as well. For example, your phone is not connected to the internet, but the smartphone of someone near you is. That someone can share the connectivity with you via the SID platform. The following diagram illustrates the simplicity of the process:
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Let's look at the main features of the SID ecosystem in order to understand the principle of its operation. At a minimum, the system needs a user (WDa), who has access to a mobile network or a Wi-Fi connection. It will act as a kind of router (almost all modern smartphones have the necessary hardware solutions
The SID mission is simple, clear and quantifiable through the number of users that will access, in future, free internet provided by nearby SID users or through the SID platform or through third party accommodations that are or may be use in future a SID SDK, in their own products.
SID Token
Token: SIDT
PreICO Price: 1 EURO = 100 SIDT
Price: 1 SIDT = 0.01 EUR
Accepted Currencies: BTC, BCH, BTG, LTC, ETH, XLM, Fiat.
Pre-ICO: June 15 - September 14, 2018.
ICO : September 15 - December 31, 2018.
Platform: Stellar
Minimum investment: 500 EUR
Hard cap: 80,000,000 EUR
SID token distribution
Sales tokens - 41%
Bounty, referrals and brokers - 8%
Airdrop and Whitelisting - 4%
Founders and other participants - 20%
Advisers - 5%
Reserve company - 23%
Roadmap
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For More Information
Website:
Whitepaper
Telegram:
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Github:
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Authored By: Richard Dra Ayebaesin
Bitcointalk Username: Steavenson19
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1785579

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