Press releases KuCoin Proudly Announces The Listing Of The Decentralized Identity Protocol Metadium (META)
Bitcoinist | Oct 19, 2018 | 19:00
KuCoin cryptocurrency exchange is proudly announcing the listing of the decentralized identity protocol called Metadium (META). Deposits are now open with supported exchange pairs that includes META/ETH.
All trading actions are to be executed on KuCoin’s official website at www.kucoin.com or to their Android and iOS apps.
About Metadium (META):
Metadium is perceived to be the next-generation identity protocol layer of the Internet, powered by blockchain with “trustless trust.” Metadium’s blockchain protocol is deemed to get trustworthy records of identity data transactions. This project has built their protocol facilitates with the improvement of scalability, performance, and extensibility compared to the existing blockchain.
Regarding blockchain scalability, Metadium handles the process of block generation and transaction frequently on top of Proof of Authority consensus, which implies no authority manages the process. About performance, Metadium enables for instant block creation, bigger block size and larger transaction sizes to increase the efficiency and smoothness of transactions.
Smart contract:
Metadium blockchain can be customized to build individual smart contracts, which can be utilized to identify the Meta ID of the user. Users will operate together via smart contract.
Tokens:
Metadium allows security tokens and decentralized exchanges to be regulation-compliant by addition. Project teams advancing security tokens can acquire users who have been identified with Meta ID, allowing them to securely give the qualification and private data required to meet the regulatory requirements.
One integrated ID:
Offers one integrated Meta ID that users can use to access any service. It can support both off-chain and inter-blockchain services.
Total Control security:
The Meta ID provides users full power of their personal information, that include the use of data con consent.
Security with Decentralized Public Key Infrastructure (DPKI):
Public Key Infrastructure continues working and as an exceptional system for identity. With Metadium, businesses and individuals have ownership over their personal information and control how, when and whom they partake data with.
CRUD and revocation and recovery:
Users will be capable of creating Meta ID anytime, everywhere, and without borders. The request of a user’s Meta ID will only be able to read private data only when they have user’s consent to view the information.
Metadium META Token:
Metadium’s META Token is an ERC-20 standard token on the Ethereum blockchain; there is a Metadium ERC-20 contract that implements ERC-20 standard with some adjustments for some operations. We have plans to freeze the token along with our launch of the Metadium Mainnet. Then it can exchange to Metadium ERC-20 token on the Ethereum mainnet to the ‘META’ — the native coin of Metadium — on the Metadium mainnet.
What are your thoughts on KuCoins listing of Metadium? Let us know in the comments below!
Images courtesy of KuCoin.
