Problem Statement

In the current digital world, trust is centralized in intermediaries such as banks, identity providers, and large platforms. This centralization leads to several problems:

Security risks: Centralized systems are vulnerable to hacks and data breaches.
Transparency issues: Users often cannot verify the authenticity of transactions or identities.
Inefficiency: Traditional trust mechanisms, like PoW, require vast amounts of energy and resources.
Exclusion: Many decentralized applications (DApps) fail to ensure fair and inclusive participation due to centralized validation models.

Trustok aims to overcome these challenges by introducing a decentralized, trust-based approach to the blockchain ecosystem.

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Last updated 10 days ago

Problem Statement

In the current digital world, trust is centralized in intermediaries such as banks, identity providers, and large platforms. This centralization leads to several problems:

Security risks: Centralized systems are vulnerable to hacks and data breaches.
Transparency issues: Users often cannot verify the authenticity of transactions or identities.
Inefficiency: Traditional trust mechanisms, like PoW, require vast amounts of energy and resources.
Exclusion: Many decentralized applications (DApps) fail to ensure fair and inclusive participation due to centralized validation models.

Trustok aims to overcome these challenges by introducing a decentralized, trust-based approach to the blockchain ecosystem.

PreviousIntroduction NextTrustok Vision and Mission

Last updated 10 days ago