Digital Asset Management Service in ShieldCure

Good day, this is the ShieldCure Team.

Today, we would like to introduce definition of Digital Asset Management Service (DAMS), as well as its service we will provide.

The Fintech industry, including Internet-only banks and simple payment services, has grown rapidly around the world powered by the development of ICT technologies with the start of Paypal. The volume of mobile payment market, in particular, based on mobile devices is growing at a rapid pace. Currently there are a variety of services, such as Apple Pay, Samsung Pay, Naver Pay, and Kakao Pay etc, which are getting too competitive in the market. The radical changes to financial services are happening, due to the spread of smartphones and biometric authentication technologies, and the competition among relevant companies. Unlike the existing payment system, it is getting increased to use the service that allows easy payment on-and off-line without cumbersome process including verification by an official ID certificate. Payment service, made using with an electronic wallet, is expected to garner more attention going forward as there will be more people using smartphones, more usage and various additional services introduced.

In this trend, combination of fintech technologies and digital assets, representing as cryptocurrency, has attracted more attention. The variety of projects are currently researching and developing technology for Cryptocurrency Simple Payment Service. DAMS, ShieldCure is aiming for, will be underlying technology to secure its own digital asset finance ecosystem, rather than to simply delivery payment or remittance service.

Let us briefly define the ShieldCure’s Digital Asset Management Service (DAMS) as “Private Financial Portal”. Digital Assets are the extended concepts to include not only existing cryptocurrencies, but also future assets in the digitalized form of traditional assets, including real estates, stocks, bonds, dividends, and its individual information & data. Users can easily proceed digital asset management anywhere by using their device, which ShieldCure ID wallet is built in. Meaning that it is allowed to get involved in coins, on-offline payment, remittance, and auctions or investment through your asset portfolio, as well as further in corporate management. Based on your transaction data, property and credit rating, you can absorb all sorts of information receipt from management process, and receive a variety of recommended investment product, including ICO, through Big data based-asset evaluation. Also, all information and data verified through ID Coin will be traded in ShieldCure Alliance Ecosystem, through ID Wallet equipped with DAMS.

The ShieldCure network is planned to form a partnership with VAN/POS companies which will allow real-life usage. It won’t be that different from the existing mobile payment except that it is based on decentralized blockchain, so service providers will be able to support the payment with ID Coin and users also can use the cryptocurrencies in their electronic wallet which are verified and selected by the ShieldCure Monetary Policy as a means of payment, without having to upgrade their devices.

Also, we plan to move forward service expansion to achieve digital financial service in the future, in the view of provision of optimized information of transaction through a linkage with multi-exchange and on-offline payment via partners.

Just like P2P Exchange services, ShieldCure will provide information including the list of tokens that can be paid with, market prices, price changes compared to the previous day, completed or cancelled transactions and blocking function through the customer center, system monitoring function and back-up and authentication function through “fingerprint recognition devices” to increases the accessibility of users.

Thanks for your time.

“KEEP YOUR IDENTITY”