Buy Blockchain Certified Data Token (BCDT)

What is EvidenZ?

EvidenZ is a blockchain-based digital credential framework primarily used in higher education to issue certified data while ensuring compliance with GDPR regulations. Its infrastructure leverages Ethereum blockchain technology and incorporates patented, cross-chain capabilities, making it adept at maintaining data privacy and security, while also providing the "right to be forgotten".

How does EvidenZ work?

EvidenZ operates by utilising smart contracts on the Ethereum blockchain to manage and secure data. Key technological aspects include:

• Data Encryption: Encrypts data and publishes it directly on the blockchain.
• Decryption Mechanism: Utilises Shamir's Secret Sharing for generating decryption keys.
• Smart Contracts: Integral for issuing certifications and processing data transactions.
• Access Control: Managed via a decentralised application (DApp) to ensure data privacy and the "right to be forgotten".
• Token Dynamics: The utility token BCDT is used for each certification, partially burned to reduce supply over time.

What are the potential use cases for EvidenZ?

EvidenZ has several real-world applications, primarily in:

• Higher Education: Through BCdiploma, providing tamper-proof digital diplomas and certificates.
• Event Certification: Offering personalized, tamper-proof Certificates of Attendance.
• General Data Certification: Applicable across various sectors like finance, healthcare, and legal for certifying high-value data.
• Partnerships and Integrations: Integrated into platforms like Microsoft Azure and LinkedIn for extended capabilities.

What is the history of EvidenZ?

EvidenZ was initiated as a solution for managing digital credentials securely and efficiently, with a focus on GDPR compliance. It gained significant momentum through its first use case, BCdiploma, and has since expanded to multiple sectors and continents. Launched during an ICO in January 2018, it introduced the BCDT token with a capped issuance of 40 million tokens. The platform continues to grow, marked by its reference in the Azure marketplace and deployment across four continents. Specific details about the founders and initial development stages are limited in the provided information.