SecurityValueChain (TSVC)
About SecurityValueChain
The Security Value Chain (TSVC) Project Foundation was founded in 2018 as the Value Network Foundation.The Foundation is committed to the development of value network projects and the next generation of blockchain application promotion, and promotes the development of early decentralized applications.
The Foundation is committed to promoting the healthy development of the value network ecosystem and promoting the development of blockchain technology from the Internet to the value network, focusing on the following directions:
1/ Proposed development of next-generation blockchain with independent intellectual property rights;
2/ To develop and promote the next generation of encrypted digital tokens;
3/ Through technology and operation, the entrance of digital economy is constructed, and the tools and platforms of identity digitization and asset digitization are provided for the society.
The implementation of these directions will provide digital capabilities for users at all levels of the digital age, including but not limited to identity digitization and asset digitization
TSVC Technology
As the basic tool for realizing the exchange of resources and value circulation between producers and production links, TSVC has the decentralization characteristic beyond the traditional encrypted digital currency, that is, the system is truly maintained and operated by the participants. In addition, TSVC has an openness to the real world, allowing external organizations and systems to collaborate. For example, the access mechanism of debt is realized by an external identity management organization, which provides the identity uniqueness guarantee for the subject (account) in the network, and then realizes the responsibility mechanism. Therefore, TSVC can implement economic activities that exceed the capabilities of digital currency systems such as Bitcoin.
Technical characteristics
Access System
In modern production and economic activities, "liability" is a concept with nearly the same significance as asset, with the two constituting the fundamental of a modern financial system. Liabilities access relates Security Value Chain to real social activities, allowing the influence of an account behavior in Security Value Chain to reach outside of the system. In this way, Security Value Chain not only has the normal function of encrypted digital currency, but also can be used for the operation of more types of economic activities with the concept of liability as the core.
Process Uncertain Matters
Under the circumstances that an oracle machine (called the "privilege group" inSecurity Value Chain ) is introduced for administrating the liability-related transactions, the decentration of the entire system is maintained. As a privilege group exists, Security Value Chain does not need to set any rule for liability management in advance，and the system runs in non-deterministic form (the same debt transaction input can get completely different processing results). At the same time, through a deterministic mechanism, Security Value Chain users can prevent privileged groups from making unfavourable actions on the system; and even if the privileged group's actions are completely blocked, the system as a whole can still maintain most of the functions.
Collective consensus
Allow the will of any collaborative community to directly implement TSVC's transactions：Through a collective account that applies a discrete log cryptography scheme, elements in TSVC can be attributed to the entirety of the collaborative community. A special witness transaction associated with this collective account requires a majority vote in the community to be approved by the TSVC network.
Cross-chain mechanism
In a world where numerous blockchains co-exist, each blockchain serves one community independently for the accomplishment of certain cooperation, instead of functioning as a huge blockchain that could do everything. Different blockchains can have their consistency under trusteeship, and interact with other blockchains in a certain manner, thus achieving mutual cooperation among communities.
