DeStream is the first decentralized global financial ecosystem for streamers. This team strives to build a multifunctional financial ecosystem using decentralization and blockchain technology. To do this, DeStream project uses Stratis fork with consensus that is modificated for DeStream purposes.
Currently being on ICO stage, DeStream is working on one of the most important issues for blockchain developers - it is a user security. CHECKU and DeStream have concluded an agreement on the integration of CHECKU identity verification to streamers’ ecosystem infrastructure.
CHECKU is a remote system for user verification - it checks the authenticity of the identification document. To get verified in CHECKU system, you need to have 2 photos of your documents. In minutes CHECKU manages:
- To check the document for 62 signs of forgery: montage, change of personal data, digital retouching
- To create a digital mask for the user with 128 unique characteristics
- To conclude if the user is real or not
This process is called KYC - Know Your Customer. Every service needs it on ICO stage to protect users from swindlers. Blockchain-based platforms have different approaches to KYC procedure. Usually most of them use the support team resource. However, manual verification of documents has its drawbacks: it can be a system error, waiting for the manager’s answer, the leak of personal information, etc. DeStream guarantees that all ICO participants which got verified are real people and their personal data is in safe.
DeStream automatic verification system advantages:
- Fast and simple KYC process
- Positive community of investors - no bots and swindlers
- Compliance of legislation in the field of KYC and AML
DeStream platform will provide support for complex setting that allows advertisers to get an access to streaming services, viewers - to request more various entertainment options, streamers - to earn income with significantly low commission for transactions. It will help streamers to concentrate on quality content producing. DeStream ecosystem advantages are not only in savings on commissions, which are possible due to blockchain technology. Additional benefit is about user security provided by the smart-contracts inside DeStream platform and by new advertising options based on Big Data analysis algorithm and internal trading floor. The last one will allow streamers to purchase necessary equipment and other goods for DST tokens released by DeStream project.