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iCash
It is a Smart Contract origination and settlement platform.
iCash is leveraging the Proof of Trust (PoT) protocol in the multi-platform blockchain applications.
PoT enables real-world inputs to be validated by decentralized participants in settling Smart Contracts at scale.
The objective of the PoT protocol is to create safeguards, incentives, and software that allow commerce in a decentralized environment of knowledgeable actors. Applied above the blockchain layer, PoT acts as a filter using a reputational algorithm of various individual inputs to establish Trust with distributed validation over time. PoT occurs within a set range of accountable participants (Delegates) that have proven legitimacy and a capability to competently provide determinants that execute Smart Contracts and other criteria.
While Proof of Work and Proof of Stake provide distributed trust for data storage, the introduction of PoT provides distributed trust for data input. By adding a trustworthy application protocol layer, real-world interaction and events can be verified before being entered into the blockchain.
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