LYKEND.WORLD

UPIK05

Introduction

Lynked World is a platform for working with personal data and various information: securities, test documents, digital photos, recordings, etc. This information can be exchanged through platform gateways with a high degree of protection, That will provide blockchain, smart contracts, and cryptography.

Components and principles of operation The lynked. World ecosystem consists of the following elements:

Digital identification and background checks platform;
Digital wallet for storage and exchange of certificates and documents, which are checked blockchain;
Application development platform with convenient customizable templates;
Freelance-site-Job Portal.

Together, these components work on a simple algorithm: the user logs in, passes the verification process, and then uses the gateway to securely transfer information or digital content. Each user can create an ecosystem-based application. For example, you can create an application to issue public certificates or view medical data from doctors and patients.

What problems it solves

In a narrower sense, lynked World is a gateway for the safe transmission of sensitive or personal information that addresses the following issues:

The absence of a safe and at the same time reliable system of identification of contractors when working on the Internet;
No reason to be sure of the reliability and authenticity of the data if it is received from the network;
Need for intermediaries if it is necessary to improve the reliability of work with personal data, which increases the costs of participants;
The inability to access many types of services through digital platforms because of the unreliable nature of digital identification and related data.

Cases for clients

Authentication. The platform will allow conducting “360-degree” Verification of user’s identity. It can be used by institutions and organizations to verify and share data with customers without the need for any other tool or intermediary. Verification of data and documents. Authentication and accuracy of digital documents stored on the blockchain. It will allow users to send personal and/or personal data without the need for third-party participation.

It will be useful for business, agencies, universities and medical structures, which by their nature can not do without mass mailing of important documents and information, so that it was safe, fast and, preferably, cheap. Simple Employment Practice/Academic check. lynked World can be used to confirm the employment of a person and/or his academic experience. Only, in this case, it will be simple, fast and at the same time for a fairly symbolic payment.

Our Ecosystem

The Lynked.World eco system is a multi-faceted solution comprising of an entire application platform developed from ground up to be able to harness the features of blockchain technologies. Our platform is based on the Ethereum blockchain and comprises of feature rich modules solving real life problems around trust and authenticity of digital identities, documents and data for both consumers and corporates alike.

Token and economy

The ecosystem will use its own utilitarian token “lynk” of the ERC-20 standard. It is necessary to transfer “value” from one user to another. In particular, for such services:

For the transfer of value in the provision of identity verification services;
For the transfer of value in the provision of services for the verification of documents and certificates and/or approvals;
For hosting services (e.g. applications, registration forms, etc.);
To authenticate identity and digital documents obtained on the platform using internal verification services;
For KYC services;
For the reward of users participating in community events (e.g. job Portal jobs);
For the payment of the lynked. World fee when using functions such as digital ID cards, attendance registration, etc.

Digital Wallet

Lynked. World digital wallet is a convenient way to store your personal identification and other document e.g. Passport, Driver’s License, Medical Records, Degree Certificates, and more on your mobile device. These documents can be securely verified on blockchain. Our Digital Wallet enables users to own and control their digital information and share identity, documents and data directly with other entities such as employers, institutions and businesses in a secure and convenient way.

Key Features

Secure storage of digital documents on your mobile device.
Control of your own data –Share only what is explicitly authorized by you.
Get your documents verified on blockchain
Enabling authorities to issue digitally signed documents to user wallets

Use Cases

Sharing identity documents when checking into hotels, airports, hospitals using QR codes
Sharing verified educational and professional certificates with employer for job applications
Avail different kinds of services requiring digital identification with ease

Dynamic Profiles & Configurable Forms

Dynamic Profiles & Forms

The development platform offered by us, empowers any organization to easily create forms, and fluidly deploy the same for multi-area usage. A good example being applications or request forms for different services – services that are intended to be provided by the organizations to consumers via our platform. All the while users will have access to the authenticated digital identities created in our environment thanks to our platform.

Continuing from the above example, a user can visit the profile of these organizations and can apply for any of the various services available, by digitally completing and signing an Application form. As an added benefit, the platform also supports the forms to be filled automatically from the user’s profile. Any document required for the purpose of the application can also be automatically attached from our digital wallet and submitted along with the signed form.

Configurble Forms

Organisations can use our “Configurable Forms” feature to create forms for various services being offered by them
Organisations can add these digital forms either to their own profile on Lynked. World or publish these forms on external platforms using our API’s.
Whenever a user applies to any such service being offered within our platform the digital form is automatically filled with data from the user’s Digital Wallet. Any required documents are also automatically attached to the digital form. In case of applying for such a service hosted on an external platform, the data and documents are filled up after the user scans a QR code which encapsulates the details of the form and is visible on the external platform.
The User then has to digitally sign the application form to complete the application process. The digital signature is also stored on the blockchain.
Once applied, the required data along with the documents are submitted with the user’s digital signature.
The Organisation providing the service now receives the digital application with the requested documents and can also verify the authenticity of the identity, documents and signature on the application form directly on the blockchain.

Real Life Use Cases

Hotel joins Lynked.World
Hotel generates QR Code which encapsulates the identity & registration document requirements for Check In
Guest scans the QR code using Lynked.World App
Guest validates and authorizes the requested documents
Check in process is now completed as guest submits the form with his/her digital signature along with the requested documents

Application for a new Service (SIM Card)

Hotel Check Ins

Consumers joins Lynked.World
Completes his/her identity verification on Lynked.World platform
Telecom Service Provider’s portal has an option to register for a new SIM Card using Lynked.World Digital ID
On using this option, the user is greeted with a QR code that encapsulates the application form for a new SIM Card along with the information about the required identity and other documents for the KYC process
Consumer scans the QR code using Lynked.World App
Consumer validates and authorizes the requested documents and data for the SIM Card application
Provided identity is verified against the blockchain via Lynked.World
Sim Card is Issued and activated

Secure Transactions

Our digital identity solutions greatly remove the risk of fraudulent online transactions by indisputably identifying a person harnessing the power of blockchain.

Banks, Financial organisations and even online retail services can leverage our application features to make sure that online payments, withdrawals etc., are authentic and not being done using lost or stolen cards and/or identities. An online transaction cannot be completed until a user confirms his/her digital identity using our Lynked.World mobile app making transactions over the internet much more secure and trustworthy.

Secure Transactions Through Digital Identity

Verified Profile of Professional People

A trustworthy professional network owing to the authenticity of the data and the digital profiles
Get professional credentials/certifications/projects verified by the source authorities issuing those credentials
Supports endorsement and recommendations for co-workers/colleagues
Subscribe to interested job postings/companies for staying up-to-date on news and new openings
Messaging within professional network
Create Blogs, Posts and Surveys and get rewarded for your contributions
Participate in discussions and polls and get rewarded for your participation

Job Portal

A Job Portal to identify and select authentic and trustworthy professionals
Allowing Users to subscribe to new openings from specific organizations
Removing any intermediaries for any background check as the identity and background can be verified directly in the platform
Rewards system for job referrals
Even the possibility for other Job portals to advertise their current openings on our platform, and thereby take advantage of our built-in identity and credential check feature

Token Sale Details

Lynked.World tokens (LYNK) are ERC20 tokens based on the Ethereum platform.

Token Symbol LYNK

Initial Token Supply 200,000,000

Start Date for Public Sale

November 15th, 2018 (9:00AM GMT)

End Date

February 10th, 2019 (11:00AM GMT)

Number of tokens for Sale 150,000,000 LYNK

Hard Cap 25,000,000 USD

Token Exchange Rate

1 LYNK = 0.35 USD

Soft Cap 5,000,000 USD

Acceptable Currencies ETH, BTC

Unsold Tokens

Any Unsold Tokens after the token sale (based on the hard cap of 25 million USD) will be moved to the Community Reward Pool

Additional Token Distribution

New LYNK tokens after the initial issue of 200,000,000 can only be generated from the reserves based on redemption of Lynk Boost Dollars into LYNK. Once the total number of LYNK tokens issued reaches 500,000,000 the company will initiate buyback programs to purchase LYNK tokens from open market to be able to continue the “Community Rewards System”.

Our Roadmap

Below is an indicative timeline for the development of the Lynked.World ecosystem. Scroll to the down to see our planned features and marketing initiatives for the all 8 quarters !!!

Q2 2017

Concept and Initiation of idea

Genesis of Lynked.World

Team Formation

Q3 – Q4 2017

Market Research

Smart contract POC completed

Lynked.World Development Begins

Q1 2018

Launch of Lynked.World Web Portal

Presentation at World HRD Congress

Launch of Lynked.World Beta App (iOS + Android)

Inauguration of Lynked.World Platform @ ICMAI

Identity, Education & Experience Verification

Q2 2018

Mobile App Launch

API for secured login with Lynked.World Digitally Identity

Data & Document sharing with QR code

Launch APAC marketing team

Onboard 25 partners for early adoption

25,000 users on platform

Q3 2018

50,000 users on platform

Onboard 100 organizations

Launch Lynked.World API as a Service (AaaS)

Blockchain based identity/Access card

Blockchain based attendance management system

Q4 2018

Launch ICO

200,000 users on the platform

Onboard 250 organizations

Configurable Profile

Configurable Application Forms

Job Portal

Blockchain based communication plateform

Q1 2019

500,000 users on platform

Advance Configurable profile

Advance Configurable Application Forms

Transaction Authorization using Lynked.World ID

Collaboration with Government organizations for Identity and other verification API

Q2 2019

1,000,000 users on the platform

Digital signature

Q-App

Expansion to Africa

Collaboration with Government organizations for Identity and other verification API (countinued)

Q3 2019

2,000,000 users on the platform

Blockchain based E-Auction

Multilingual Support

Collaboration with public sector organizations

Expansion to USA and Australia

Collaboration with Government organizations for Identity and other verification API (countinued)

Q4 2019

3,500,000 user club

Blockchain based E-Voting

Multilingual support (countinued)

Tie up with top recruitment platforms

API for Digital Signature

Collaboration with Government organizations for Identity and other verification API (countinued)

Q1 2020

5,000,000 users on the platform

Secure Partnership with organizations from fortune

500 companies for Identity & Background verification feature

Multi-Layer signature contract on Blockchain

Collaboration with Government organizations (countinued)

Q2 2020

7,000,000 users on the platform

Blockchain based E-Voting

Multilingual support (countinued)

Collaboration with Government organizations (countinued)

Digital Signature Integration with pdf

Collaboration with Government organizations for Identity and other verification API (countinued)

Q3 2020

10,000,000 users on the platform

Digital Signature Integration with MS (Word,Outlook)

Collaboration with Government organizations for Identity and other verification API

Custom Applications for Customers

Multi-Layer signature contract on Blockchain

Collaboration with Government organizations for Identity and other verification API (countinued)

Q4 2020

12,500,000 users on the platform

Digital Signature Integration with Lotus Notes

Collaboration with Government organizations for Identity and other verification API

Collaboration with Government organizations for Identity and other verification API (countinued)

Q1-Q2 2021

18,000,000 users on the platform

Digital Signature Integration with Apple

Digital Signature Integration with SalesForce

Collaboration with Government organizations for Identity and other verification API

Custom Applications for Customers

Q3-Q4 2021

25,000,000 users on the platform

Digital Signature Integration with SAP

Digital Signature Integration with Oracle/Peoplesoft

Custom Applications for Customers

Collaboration with Government organizations for Identity and other verification API

Conclusion

Lynked World The idea of the project looks decent. But lynked World is not the only one who wants to occupy this niche, so the development team should try to create a high-quality software PRODUCT and promote it in the market. As far as they can, we will know at the end of the year-the project team plans to finish the mobile application by the end of Q3 and get support 50 000 users.