Fractal Id - The right decentralized way to manage and incentivize data.

Nekkyush
5 min readApr 28, 2022

INTRODUCTION

The fractal protocol is a self-managing, decentralized, secure, private and scalable blockchain that addresses the need for data privacy and integrity. It is built to protect data from malicious entities and ensure decentralized data exchange. Fractal operates as a multi-layered blockchain that includes a peer-to-peer transactions layer and an integrated DAG data storage and retrieval layer. The network can operate as a blockchain and/or as an embedded data storage layer for 3rd party applications.

It is an open-source, public, blockchain-based distributed ledger protocol that specializes in data privacy, integrity and availability. Its unique design allows anyone with file storage needs to easily implement a high performance, fully decentralized, and cryptographically secure data management solution. Fractal enables safe and secure data storage where data is never lost and can never be breached.

The fractal protocol is a standard for a decentralized data privacy and integrity blockchain. It enables the addition of new blockchains within the Fractal platform while keeping the existing ones working. Any blockchain can be integrated into Fractal with the help of the protocol. The protocol is blockchain agnostic and is designed to work with any type of blockchain. It is integrated with existing blockchains such as Ethereum.

The protocol is managed by great experts who are well experienced in data management and the decentralised system. We also have a great support team that will attend to all your needs and enquiries online.

FEATURES OF FRACTAL PROTOCOL

Fractal is the first protocol “in the world” that provides zero-knowledge proof of data privacy for decentralized applications. Fractal provides the distributed applications layer in the blockchain stack that is essential for any business or enterprise. As a bridging protocol, Fractal will connect the data on the decentralized blockchains with the centralized business systems.

The protocol has great unique features which help the users maximise the value of their data:

- Data Commons

This feature will enable the users to have a p2p common usage of data. They can also part with a portion of their data for monetary value.

- Fair Market

This is a decentralized marketplace designed to improve the fortunes of the users. It is a guileless platform where users can advertise and publish their digital products. It enhances trustless transactions among users.

- Data Union

This is an infrastructure that is designed to leverage the privacy of data users through advanced technologies. This is achieved through strategic data quality and management programs.

The Fractal protocol delivers secure data transactions (storage and transmission) for a fraction of the costs of current cloud and propriety solutions, whilst also providing added transparency and control for the end-user.

Fractal Wallet

This is a unique decentralised digital wallet of the fractal protocol. It has great features that will enable users to store their assets and valuable commodities. The fractal Wallet is highly secure and allows users to choose who they share their data with.

- Users can sign up to the wallet with this link https://fractal.id/login?client_id=ImCQ0UXUjRzkhG7nMSZZNV-5WA3J_CuGENBfhr8DmEE&redirect_uri=https%3A%2F%2Ffractal.id%2F&response_type=code&scope=contact%3Aread%20verification.basic%3Aread%20verification.basic.details%3Aread%20verification.liveness%3Aread%20verification.liveness.details%3Aread

- Go through the required steps.

- Complete the KYC

- Verify the KYC.

FRACTAL SOLUTIONS TO DEFI CHALLENGES

User Friendly

Fractal id is designed for customer usage efficiency. It has in-built user-friendly features that will make users happy on a platform and make them stay for a long time on the platform, thereby generating revenue for the platform.

This is quite unlike the average complex platforms that waste users’ time and confuse them with the language barrier and other unfriendly features that make them leave shortly. This beats an average of 50% of the industry.

Regulation Compliance

The fractal id protocol has a team of legal experts that ensures that the platform activities comply with the industry global standards. It is a privacy protocol that enables blockchain-level data privacy. The Fractal ecosystem consists of the Fractal Network, the Fractal Hub and the Fractal Vault.

KYC/AML Compliance

We introduce a robust KYC process which makes it easy for the KYC vendors to easily process and manage users’ identities and concentrate on other activists. It is a time-saving and cheap process that enhances easy data reconciliation and makes the staff available for other tasks that improve the system.

● Proof of identity verification

● Proof of Address verification

● Licenses check

● Wallet address collection

● AML check

● Source of wealth

User support

We have a tactical standby support team that will help to attend to your questions. Moreover, here are some of the questions frequently asked by our users:

● How do I find information on Fractal ID’s API?

This can be accessed by joining at www.developer.fractal.id/

● Is there a sandbox environment in Fractal ID?

Yes! The sandbox environment can be used to learn how to join Fractal ID. Check www.developer.next.fractal.id

● Where can I find the white paper documents relating to Fractal ID?

The documents are available on https://docs.developer.fractal.id/

● Can AML obliged entities use Fractal ID?

The fractal protocol was primarily built to solve the verification challenges of AML entities. Our staff are specially trained and standing by to enforce the needs and instructions of AML obliged entities. You can reach out and address such needs at www.sales@trustfractal.com

Join us for more details by visiting our links below.

CONCLUSIVELY

Traditional ways of making money are no longer enough for many people. People want to try something different, and what could be more different than making money online? The internet is a great place for making money, especially if you are a business owner looking to grow your company. People are always looking for different ways to get more business. If you have a business that you are thinking about growing, you may want to consider joining a business-to-business marketplace. A fractal marketplace is a great way to get your business seen by consumers, and it also gives you the chance to get more business and make more money. The best business-to-business marketplace is Fractal.

With the fractal protocol, you can start earning money right away through judicious management of your data, and you can also get in on the marketplace of the company and trade your digital items in a unique, safe and transparent environment that is going to grow to be a huge success. If you want to start making money today, you should sign up with fractal protocol. The Fractal Platform enables individuals and organizations to break free of centralized services and build a new digital future based on privacy, security and true ownership of personal data.

For more information please visit the official Fractal accounts links below

Website: https://protocol.fractal.id/

Twitter https://twitter.com/fractalprtcl

Reddit https://www.reddit.com/r/fractalprtcl/

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