SKELPY: Aims to Create a Completely Decentralized and Transparent System, Identifying Every Single Portfolio Present Inside the Blockchain:

Francis Odinigwe

The Skelpy Platform:

Introduction:

Skelpy System is a decentralized platform that allows to authenticate and recognize wallets in the Skelpy circle. Through this system, it is possible to recognize subjects involved in transactions based on the level of authority permitted by the wallet owner. Wallets can be identified at the discretion of the rightful owner who determines the visibility of his own wallet. To recognize the wallet is required to send an acknowledgment request to the subject in question, except the “Public” level of visibility that does not require an acknowledgment request.

The goal of the Skelpy project is to create a completely decentralized and transparent Blockchain where all portfolios have a certified digital identity. Transactions will be visible to everyone, but the subject will be certified and recognized based on cost of visibility, explained above. Therefore, it is possible for users to make transactions on the Blockchain with a certified wallet (individual or legal entity) or not certified. The Skelpy Blockchain is based on DPOS (Delegate Proof of Stake) technology where there are 51 forgiving nodes that have the task of keeping the network functioning and functioning. It will be given to users to issue transactions on the Blockchain with an approved wallet (individual or legal entity) or an unapproved wallet. Then the source code associated with the Blockchain will be fully released along with the tools, while all code related to the Skelpy System platform will still be backed up.

WHY CERTIFIED WALLET?

The reason why this platform offers wallet certification services is because certified wallets are far safer than non-certified ones because they cannot take advantage of additional functions and services. Certified wallets prove that a particular subject recognized by the system is the owner of the wallet. This shows transparency and security in transacting between two users. The wallet certification process is a procedure that cannot be canceled because one wallet can be connected directly with the owner, both individual users and legal entities. In addition, certified users can have another wallet that is certified or non-nominative (not certified).

To recognize the wallet, an acknowledgment request process is required for the intended user, except when the “public” visibility level is activated, the user does not need to send an acknowledgment request. In general, the level of wallet visibility is divided into 3 types, namely public, private, and solo. Wallets that have a “public” level of visibility can be seen by all platform users registered with Skelpy System without the need to make an acknowledgment request. A wallet with a “personal” level of visibility can only be seen by an authorized user after the user’s acknowledgment request to the intended user has been approved. Especially for wallets that have a “solo” level of visibility, users cannot receive recognition requests, but can only send recognition requests to wallet owners with a “personal” level of visibility.

SKELPY GOALS AND ADVANTAGES:

The aim of the Skelpy platform is to create a completely decentralized and clear Blockchain project, where each wallet has a certified digital identity and as a new solution for all overall control on a decentralized network and a transparency control system and to make all situations and conditions identified, so that Implementation Skelpy with high technology will make all the Skelpy platform formations very good, and with Blockchain technology make all interactions and transactions better, faster and safer.

WHAT IS DPOS?

DPOS (Delegated Proof of Stake) is the last method to guarantee digital tokens with transaction approval and ensure distributed management (transaction validation) without the need for a central authority. This system is an evolution that began with Proof of Stake, which provided the involvement of the entire network rather than representatives of 51 delegates, which was developed for the purpose of reducing the costs and inefficiencies associated with the Proof of Work System of electricity consumption, such as Bitcoin. Delegated Proof of Stake is defined as a strong, efficient and highly reliable consensus algorithm on the Blockchain web, usually described as technological democracy.

SKELPY IDENTITY CARD:

The Skelpy Identity Card (SIC) can be used to get paid and be recognized. After having completed the recognizing procedure through Skelpy system, it is possible to request SICs to leave to customers or Friends for contact or payment addresses. In fact, the QR code on the back of the card indicates the wallet associated to the Blockchain Skelpy certified person, so by pointing the QR code on the card, it is possible to pay the certified wallet owner.

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