CRYPTO-CHECK

The technology for creating cryptocurrencies is based on the issuance of NFTs and data tokens, storage of oceanprotocol data tokens.

We have expanded the capabilities of oceanprotocol by providing a pair of access keys to data tokens that operate on a cryptocurrency deposit. Thus, after the creator of the check delegates rights to a second party, the latter can dispose of the deposit at his own discretion, up to the transfer of rights to third parties.

In this case, the recipient (acceptor) receives exclusive access rights.

The safety of the deposit and anonymity are ensured by the oceanprotocol protocols, which does not have access to the information stored in the Crypto-Check and the identity of its manager, but exclusively provides access to the Crypto-Check.

The system uses two types of tokens: ERC721 (data NFT) and ERC20 (datatoken). The ERC721 token provides the exclusive right to provide access to data - issuing data tokens. To gain access, you need to send 1 data token to the data provider, thanks to the blockchain ecosystem, information about this operation will be saved and no one else will be able to use the same token. Metadata specifies the conditions for access to data.