Selfkey KEY to IPChain IPC Exchange

Crypto Pair Details: KEY to IPC

Selfkey KEY

Bihu consists of two main components: an identity system and a community for crypto investors. Bihu ID（bihu.com）is a self-sovereign ID system based on blockchain technology and decentralized storage. It aims to be the gate keeper for Web3.0, in order to protect users’ wealth, data and privacy. Bihu ID strives to be the 'KEY to Digital Liberty'. Bihu Community is an platform for crypto investors to share and obtain token-investment-related information. It will the first use case for Bihu ID. KEY is the utility token for both Bihu ID and Bihu Community. It is an ERC20 token on the Ethereum blockchain. KEY is used to incentivize content generation within the Bihu Community, as well as the primary method for good content discovery. KEY also is the value exchange method within the Bihu Community, such as tipping between users. Since a single Bihu ID lives on multiple blockchains, it is desired that users will be able to pay KEY for generic network fees (AKA gas). KEY also acts as the generic payment method in the Bihu ID system, for instance, to recover lost IDs.

IPChain IPC

IPchain is a block chain product for the application in the field of intellectual property. Launched in October, 2016, after months of market analysis, technical solutions research, and communication with experts in the field of intellectual property, the technical basis of IP Chain was determined to be the block chain technology based on the model of UTXO, which is similar to Bitcoin network. Through adopting Consensus Mechanism of DPOC (one of the improved solutions of DPOS) and with reference to the transaction model for the characteristic of products in the field of intellectual property, IPC Chain aims at providing a flexible and rigorous solution of intellectual property block chain.

SOURCE: COINGECKO

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