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 3 months 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 3 months ago