Orbiting the Shyft Network.
19 May 2023, 15:41
Orbiting the Shyft Network ๐
In the cosmic expanse of our digital universe, we find four distinct celestial bodies orbiting around the #ShyftNetwork.
Guided by the principle of safeguarding user data, they ensure secure data transfers across #CeFi & #DeFi galaxies. ๐๐
Trust Anchors ๐
Meet the Trust Anchors ๐ - the guardians of regulated data, akin to cosmic keepers of celestial secrets.
Like star systems in our cosmos, they are diverseโfinancial institutions, exchanges, regulatory bodiesโupholding individual data rights. ๐ฆ๐ผ๐
Data Consumers ๐
Next, we have Data Consumers.
Imagine them as cosmic explorers from neighboring galaxies, requesting attested data rather than custodian hard data.
Like buying star maps for navigation, they pay a fee for this verified info. ๐๐บ๏ธ๐ฐ #DataPrivacy
Data Owners ๐
Circling in our cosmic journey, we meet Data Owners - the individual entities.
They hold the 'keys' to their data galaxies, controlling access with Shyftโs consent-based mechanism.
Empowered, they choose who gets the star chart to their data world. ๐๏ธ๐
The Shyft Ring ๐ฐ๏ธ
The Shyft Ring, like a space station, maintains cosmic balance in our digital universe.
It validates network states and establishes security, an infrastructure pulsing at the heart of the #ShyftNetwork, ensuring optimal efficiency. ๐จโ๐๐๐ซ #DataSecurity