Review on CyberVein by Gabriel Medina
Project that could even be used to create smart cities
When using the Internet we have many advantages, but it is impossible for us to maintain privacy in its use. Privacy is nothing more than a myth now because data is simply created and harvested. However, not everything has to be this way, thanks to CyberVein, we have an exclusive solution for this.
What is CyberVein?
This project is based on a chain of blocks that acts as a network of immutable databases. With them you can market, process, store and share information safely. It has advantages such as high security, resistance to malicious attacks, limited expansion, and more. In addition to having low transaction fees and costs, which is why it maintains network independence as far as possible.
The objective of the project is that it can serve anywhere it is needed to process massive amounts of data. It guarantees independence, and allows competing institutions to use it safely, thus preserving their interests.
It can aid in cross-industry research and development, making data sharing easy and controlled. In addition, it has increased privacy to protect the anonymity of identities, data, and provides permissions control.
How does it work?
It uses Directed Acyclic Chart Ledgers (DAGs) technology that can verify transactions on a P2P basis. It has a modification in terms of the solidity hiring language. Consensus mechanism for saving resources. This makes it friendly and capable of processing and monetizing large amounts of data. All maintenance can be done on the blockchain, which improves transparency, independence, and trust.
Conclusion
This project came as a solution for data management. CyberVein has an innovative idea that adds potential new features. It also has its own CyberVein Token (CVT), which can serve as a reward for contributing to the storage space. It will also be useful for data interaction, such as payments for storage.
Pros
- Use DAGs to verify transactions on a P2P basis.
- Consensus mechanism for saving resources.
- It has its own token, CyberVein Token (CVT), which could be a reward for us.
- Infinitely scalable, secure, private and independent database network provided by blockchain.
- It can be used to create entire smart cities and governments.
Cons
- CVT tokens are only limited to wallets that support ERC20 tokens and cannot be mined.
- Platform only in English and Chinese language.
