Skelpy project

INTRODUCTION

Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.

Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.

As more technological advancements are uncovered, SKELPY aims to highlight some economic problems and how the e-commerce platform aims to solve them using blockchain and cryptocurrency to improve the daily life of every individual came on board.

About Skelpy
 
The goal of the Skelpy project is to create a blockchain in which all portfolios have a certified digital identity.
Transactions will continue to be visible to everyone, but the subjects will be certified and recognized on the basis of visibility rules, explained forward. Thanks to this method it will be possible to be anonymous based on the level of visibility desired within the Skelpy blockchain.
Being an innovative and very efficient technology, since the workload will be distributed on multiple servers, the source code of the exclusive SkelpySystem platform will not be released.
Only part of the code concerning the blockchain and its useful tools will be released through GitHub. The Skelpy blockchain is based on technology DPOS (Delegate Proof Of Stake) in which there are 51 forgiving nodes that have the task of keeping the network active and at their discretion to share the daily profits with their own voters.
Profits will usually be distributed as a percentage based on the weight of their vote.

What is DPoS?

DPoS (Delegated Proof of Stake) is the final method for guaranteeing digital net tokens by processing transactions and ensuring distributed management (transaction validation) without the need for a central authority.

This system is an evolution that began with the Proof of Stake, which provided the involvement of the entire network rather than the representative of 51 delegates, which was developed for the purpose of reducing costs and inefficiencies associated with the typical PoW (Proof of Work System) electricity consumption, for example Bitcoin.

Delegated Proof of Stake is defined as a strong, efficient and very reliable consensus algorithm in the Blockchain web, usually described as technological democracy.

Skelpy project intends to offer a certifying service for wallets in the property circle, ever allowing the use of non-nominative wallets inside the blockchain.

Because A certified wallet is safer than a non-certified one as it can dispose of ancillary functions and services. and too A certified wallet attests that a specified subject recognized by the system is owner of that wallet; this permits transparency and security in transactions between two subjects.

And you need to know The wallet certifying process is an irreversible procedure, because to a single wallet can be associated a unique natural or legal subject. Besides, a certified user can have other certified or non-nominative (not certified) wallets.

Certified Wallets

Skelpy project intends to offer a certifying service for wallets in the property circle, ever allowing the use of non-nominative wallets inside the blockchain. Certifying the wallet gives many benefits in terms of security and services to those who use Skelpy blockchain.
Security
A certified wallet is safer than a non-certified one as it can dispose of ancillary functions and services. A certified wallet attests that a specified subject recognized by the system is the owner of that wallet; this permits transparency and security in transactions between two subjects.

Certifying tool

The main recognized tools and methods we used to certify the wallets are: KYC, AML, CTF.
KYC
The sentence Know Your Customer (KYC) means a process of identification used by the enterprises to verify the identity of its own customers and evaluate potential risks or illegal intentions in relation with the customer.
AML
The Anti Money Laundering (AML) refers to a set of procedures, laws, and regulations directed to stop the production of earnings by illegal activities. Even if the anti-money laundering laws cover a limited number of transactions and criminal behaviors, they generate large-scale implications. For example, the AML regulations require that all the institute’s issue credits to be sure that they are not of assistance in money laundry activities.
CTF
The Counter-Terrorism Financing (CTF) is a set of regulations and laws focused on the comprehension and the reply to terrorism financing and to significant financial threats.

Skelpy System

Through this system, it will be possible to recognize the subjects involved in the transactions on the basis of the level of authority allowed by the wallets owners. The wallets can be recognized at the discretion of the rightful owner that decides the visibility of his own wallet.
To recognize a wallet is necessary for sending a recognition request to the subject in question, except the “Public” level of visibility that does not need a recognition request.
The visibility levels are divided in:
  • Public
  • Private
  • Solo

Skelpy Identity Card

The Skelpy Identity Card (SIC) can be used to get paid and be recognized. After having completed the recognizing procedure through Skelpy system, it is possible to request SICs to leave to customers or Friends for contact or payment addresses.
In fact, the QR code on the back of the card indicates the wallet associated to the blockchain Skelpy certified person, so by pointing the QR code on the card, it is possible to pay the certified wallet owner.

SKELPY COIN ECONOMY

The maximum coin offering will be 70,000,000, with an amount of money placed on the market of 2,000,000.Will be pre-forged, 33,000,000 coins of which 20,000,000 will be used as voters portfolios for 20 associated partners, then the 20,000,000 SKP will be frozen and will not be put into circulation in any way, their only purpose will be that to vote for 20 delegates from the Skelpy network.

The goal

Skelpy project is to create a completely decentralized and transparent blockchain in which all portfolios have a certified digital identity.

Skelpy certified process:

  1. A wants to certificate his wallet Skeply
  2. A sends the documents to to Skelpysystem
  3. Skelpysystem check the documents and approves them
  4. Skelpysystem associates its wallet with documents provided by A
  5. A now is a Skelpy’s verified member.

SOFTWARE RECOGNITION PLATFORM

Skelpy System is the decentralized platform that allows the certification of the portfolio within the Skelpy circuit. Through this system, it will be possible to recognize the subjects involved in the transactions. The portfolios will be recognized at the discretion of the legitimate owner who will decide the visibility of their portfolio.

Certification tool

The main recognized tools and methods that we use to declare wallets: KYC, AML, CTF.
KYC
The Know Your Customer (KYC) offer is an identification process used by companies to verify the identity of their customers and assess potential risks or illegal intentions towards customers.
AML
The fight against money laundering (AML) refers to a number of procedures, laws and regulations aimed at stopping the production of illegal activities. Even though anti-money laundering laws cover a variety of criminal operations and behaviors, they have serious consequences. For example, anti-money laundering regulations require all institutions to issue loans to ensure that they do not assist in money laundering.
CTF
Anti-terrorism funding (CTF) is a set of rules and laws that aim to understand and respond to terrorist funding and to significant financial threats.

TEC Fund Distribution

The currency in circulation will be of 2.000.000; 20.000.000 will be used by the partners to maintain the network; 10.000.000 will be saved as a backup fund that can be used exclusively in case of emergency and only at the achievement of the voting majority of the team; and 1.000.000 will be distributed among the team members on the basis of the developed work.

Scenario: Skelpy received 250 BTC and the calculated BTC value of alternativecurrencies received is 50 BTC at the end of the TEC.

On March 23rd John sent 5 BTC
Total BTC value received = 250 BTC + 50 BTC = 300 BTC.

John’s Percentage of TEC distribution is:
[5 BTC / 300 BTC] = 0,0166666

John’s final distribution is:
0,0166666 * 2,000,000 SKP = 33,333 SKP

Notes:
If John sent different cryptocurrencies (ETH, LISK, ARK) the value will be immediately converted to the correlating BTC value for the calculation. John sent 5 BTC and 10 ETH:

Value of ETH at moment of a transaction was: 0.05731 BTC
John’s total contribution in BTC is 5.05731 BTC.

Roadmap

TOKEN EXCHANGE CAMPAIGN
STARTS ON March 23rd 2019
 
More information


https://www.skelpy.co
https://twitter.com/skelpycoin
https://t.me/SkelpyCoin
https://instagram.com/skelpycoin
https://forum.skelpy.co/
https://medium.com/@skelpycoin
https://www.skelpy.co/pdf/whitepaper/Skelpy_whitepaper_en.pdf

 

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Anita Muy
Profil Bitcointalk:  https://bitcointalk.org/index.php?action=profile;u=2253966
ETH: 0xc8a9952dEc2a392fa15455F565849d2D2827BD67
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AnitaMuy

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