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Topic: [Campaign] Dero: CryptoNote Privacy with Smart Contracts - page 2. (Read 1171 times)

newbie
Activity: 17
Merit: 0
Hello, DERO enthusiasts.
I think DERO must be implemented in the health sector. Where patients must sharing private information about themselves and many of them worried about it.
This is one of the many aspects in the health sector where DERO can using. Also, many researching medical/statistic programm have problem with data collection. DERO can help. Imagine, you have your medical private info in a blockchain protected by cryptography, in any time and any place you have the all info for your needs. Also, you can accept agreement what if some institute or researching laboratory use your info for them researhes they will pay your by DERO as a reward for your information. And, oddly enough, your anonimity doesn't suffer. I see just pluses:

1) Everywhere and everytime, if you need, you have access for all your medical info;
2) Benefits for researchers who always have problem with actual info;
3) Economy for the whole health/research sector;
4) Good scalability for other directions (insurance, bank sector, law sector ant others.) where must be confidentiality.
member
Activity: 224
Merit: 11
We've had some great replies so far! Keep them coming  Smiley
member
Activity: 224
Merit: 11

I'm no expert, but from my understanding, Dero private smart contracts is what is missing for real business adoption of crypto currencies. I'm not talking only about big companies, but the local store we see in every neighborhood. If an owner wants to use an dapp in their establishment, she/he'll think twice when they realize that people can easily keep track on its address. I see Dero one step ahead on being trustless, we dont need to trust a third party and we dont need really to bother of many others that may be interested in look into your data to take advantage. Businessmen will feel safe from ill intentions.

Thank you for your submission and this is absolutely one of the critical things missing today with cryptocurrency  Smiley
member
Activity: 224
Merit: 11
This link has some great ideas to help people get started! (https://blockgeeks.com/guides/what-is-blockchain-technology/)
newbie
Activity: 7
Merit: 0

I'm no expert, but from my understanding, Dero private smart contracts is what is missing for real business adoption of crypto currencies. I'm not talking only about big companies, but the local store we see in every neighborhood. If an owner wants to use an dapp in their establishment, she/he'll think twice when they realize that people can easily keep track on its address. I see Dero one step ahead on being trustless, we dont need to trust a third party and we dont need really to bother of many others that may be interested in look into your data to take advantage. Businessmen will feel safe from ill intentions.
jr. member
Activity: 148
Merit: 2
I like this idea, I also like the idea of an amnesic smart contract that can "self destruct". It serves another purpose also, reducing blockchain size.
newbie
Activity: 3
Merit: 0
The recent data leaks by Equifax and Cambridge Analytica (/Facebook), along with regulation such as the GDPR demonstrate the need by individuals to centrally store and control access to their data. Today, a person’s data may be spread among companies and services all across the globe with no way to remember where you had to submit it, and no way to know which companies are sharing that data. Further compounding this data governance problem are organizations who don’t know how best to comply with data privacy regulations like GDPR to know when, how, and what personal data to remove across their many systems.

Enter DERO smart contracts. Perhaps a lifespan can be given on data access as part of the smart contract. For example, colleges would get access to your personal data they need for 2 years, universities for 4 years. After that, the smart contract automatically revokes such access and there’s no residual on education institutional systems to clean since all data is stored encrypted on the blockchain. Credit agencies would only need 30 days of access and banks 90 days. At any time, if you intend to extend your time with an organization (for example, going to graduate school or refinancing your mortgage), you and the institution can agree to re-up their access period to your data, but only with your approval.

DERO smart contracts can help consumers take back control of their data and help businesses comply with important data privacy acts.
jr. member
Activity: 35
Merit: 1
In the United States, several states have legalized recreational sales, cultivation, distribution, manufacturing, and use of Marijuana, or other cannabis related products.  This economic boom has created growth within several industries, many of which are encountering difficulties when dealing with vendors across state lines.  Since the production and sales of marijuana are still illegal on the federal levels of government, many businesses are searching for new ways to purchase or sell items that are vital to the success of these growing industries, without hindering efforts to remain transparent within their respective state governments.  

Some of the major concerns that state lawmakers and businesses share:

  • Transparency - While businesses would like to remain transparent with State Governments, they looking for a way to remain anonymous with the Federal government.
  • Protection - Many businesses within these industries have traditionally been forced to only accept cash payments, since federal laws prohibit large financial institutions from servicing these accounts.  As a result, businesses make large cash payments to State governments, which pose potential threats to both the business and the government agency.
  • Corruption - Decentralization can help to prevent many forms of corruption, especially when most in the industry are battling the stigma and current public awareness that these businesses are trying to reform.

With DERO's decentralized blockchain, paired with Smart Contracts, a bridge of trust and transparency can be forged within industries and governing bodies.  Use of private Smart Contracts can help businesses comply with "Track and Trace" requirements, reduce threats involving the movement of large amounts of cash, increase transparency with local governments, and provide a clear trail of financial records recorded on the blockchain.  Another bridge can be formed between the customer and local businesses, providing a safe and private transaction space.

How does DERO's privacy equate to transparency?

First, transactions can be as private or public as how you make them.  Private keys are meant to be private, but when dealing with exchanges you give up some of that privacy (from a security standpoint) in order to participate in trades. When dealing with the government, keys can be stored or logged in the case of audits, to ensure that the business that the keys belong to are in compliance. The Track and Trace program requires tagging and surveillance to ensure quality standards are met and the measure of cultivation and distribution efforts. With Smart Contracts and RFID tags, the entire program can be managed in real time.

With the help of DERO, a healthy ecosystem can be created that does not hinder productivity; rather, it empowers industries to operate with more transparency and protections, while minimizing the threats that come with cash-only transactions.
jr. member
Activity: 148
Merit: 2
Ohhh Thank You Serena! Smiley  Roll Eyes  Grin
Asic and Nicehash -->> BLOCK Forever...<<<---   Happy Miner! Smiley

And list: https://coinmarketcap.com/

Donate DeroWallet:


Thank You!

You can't buy your way onto coinmarketcap and you are not an official team member.
member
Activity: 224
Merit: 12
Pls Donate Merit :)
Ohhh Thank You Serena! Smiley  Roll Eyes  Grin
Asic and Nicehash -->> BLOCK Forever...<<<---   Happy Miner! Smiley

And list: https://coinmarketcap.com/

Donate DeroWallet:
dERoTe8BQ3PUUEB5AwjDNTj1hYUJ2hiVtPk39d81UCVyCRMEawEibDeYyDvViFDKxoAeKSPgidutX6D 75G4y9ibA7yWBbf3fST

Thank You!
jr. member
Activity: 148
Merit: 2
With the poor reputation of lending platforms that has been out there, I was hesitant to suggest this. However, I do believe there is a possibility for an elegant solution with dero for a certified authority (or decentralized one) to execute a legitimate lending platform.


The lending platform would essentially only require 2 things, capitial and trust.

For capital, this can be provided by an institution that holds a large enough amount of dero, or crowd funded. After the requirements of all payments have been met, the contract would release the funds to the creditor. In the event of default, all payments are forfeited to the creditor(s) and the creditor(s) would receive a refund. The parameters can be set by time/block height and with the ability to build in grace periods and possible missed payment forgiveness.

For trust, a private currency could cause issues but a contract could be built in a way that is more traditional to how the central banking system used to work, with collateral. The credit rating/trust ranking of a user could be tracked by address and their ability to make their payments within certain parameters. If the borrower were to default on their first loan, they will lose their collateral, in essence, making any attempts at fraud impossible. However, over time the amount borrowed in relation to the collateral can be increased as the overall amount borrowed would not exceed the amount that was put into the system overall. Some might be thinking "scam" but, this is how banking works in the first place and loans are not a good deal. Smiley


Essentially, at first, the process may seem painful to build your credit but in the event that you need to borrow dero and do not wish to affect your current balance, you would have the ability to do so. Very similar to our current credit system except that "no credit" is not better than "bad credit". Everyone begins at 0 in all situations as if you default on your first loan, you are starting at the same level as someone that has not taken a loan.
jr. member
Activity: 35
Merit: 1
Instead using FedEx, just you could sent to another user (a Proxy), so the delivery could take like 2 or more proxy to reach the destination. (of course each proxy will be paid with fees in Dero).

Every Proxy/Node have to scan a qrcode and send it to next one, each scan gonna paid previous Proxy and once the buyer get the purchase the balance seller will be unlocked.

In this case you could hide identity and everyone will be rewarded. (Proof of Receipt Tongue)

Something like Tor but delivering real packets this time. Wink

Absolutely!

Taking it a step further, at each proxy hand off, a picture of the package could be taken and stored on the blockchain.  (Proof of Life  Grin)


jr. member
Activity: 111
Merit: 1
member
Activity: 308
Merit: 33
Thanks Dank.
jr. member
Activity: 35
Merit: 1
There are many crimes that are committed on a daily basis that are captured on video, pictures, or even documents themselves.  Many of them are not reported to law enforcement for fear of retribution or even to get "involved."  So, unless the perpetrators are caught in the act, there is little that law enforcement can investigate.

It takes a community to right wrongdoing.

Smart Contracts within the DERO blockchain can allow individuals to anonymously (true anonymity) submit captured evidence to law enforcement agencies or media outlets without fear of retribution.  The DERO blockchain is capable of storing files, not just distributed ledgers, so it creates the perfect platform for protecting the privacy of whistle-blowers or witnesses. The idea is to remove the roadblocks that prevent the decent from reporting what they have witnessed.

With a Smart Contract in place, media outlets or law enforcement can make sure that the submitted files are tagged for a particular crime, or event for ease of use.  There can even be contracts in place that will provide rewards for submitting actionable intelligence.  It should be noted that this concept should not be limited to just crimes, it could be used for social media, breaking news coverage, or even private clinical trials.  

DERO can help empower communities to challenge their members to act against wrongdoing, without fear of retribution.  


WIP

Credit for this idea goes to @anAngryMohawk.
member
Activity: 224
Merit: 11
jr. member
Activity: 35
Merit: 1
Let's face it.  The world can be a crazy place to inhabit and ultimately, privacy helps to mitigate some potential threats to you or your family.  This especially rings true when engaging in bartering online, but even more when dealing with other individuals or businesses in person.  

Have you ever been a victim of a scam, or tried to sell your Playstation, only to get mugged when meeting the person in a parking lot?  Maybe, or maybe not.  But how can we prevent or protect you from such threats?  

Enter DERO.

With Smart Contracts, dApps (Decentralized Applications) can be built upon DERO's blockchain that can allow individuals to freely engage in transactions online or in-person, while still protecting the privacy of both parties.  Imagine using a service where both parties use their hard wallets to ship items or make payments without knowing who or where you are shipping the item to.  Live shipping updates can be tracked, and receipt of delivery is just one QR code scan away.  No more meeting in parking lots, having random people come to your house, or giving out your phone/email address only to get harassed later.  

Additional benefits include:  

  • Purchase history/trends are not linked to the purchaser,
  • Minimize leaks of sensitive information,
  • Communication between parties is anonymous, and
  • Seller/buyer reputations can still be tracked.

The list can go on.

The beauty of this platform is that it does not have to be a "disruptive technology," rather, a simple way for privacy to be integrated into existing systems.  In this system, FedEx (the shipping provider) would have access to the "Ship To/Ship From" information, but the two parties engaging in the transaction will not.  This enables FedEx to regularly impose their shipping standards and still hold parties accountable in the case of fraudulent or illicit activities.  FedEx will also be able to handle return requests in the event that one party does not fulfill their end of the contract.

Consider this a work in progress.  Smiley
member
Activity: 308
Merit: 33
Hi, I'm gonna try. (It's no really creative but it gonna be easily implemented)

An Anonymous Poll / Voting / Election system :
- Each election / ballot gonna use a main Dero wallet Address
- Each Decision or Candidate gonna take one sub-Address.
- Each voters will use a sub-Address to hide their identity and use a fraction amount of Dero coin to vote. (amount isn't supposed to be important)

Using sub-addresses system you can hide your main Dero Address but and administrator could check, if any voters try to vote more than one time without necessarily retrieving the main Address.

So things like this could prevent days of ballots preparation, prevent fraud and reduce drastically the preparation cost (time and money) in a traditionally voting ballot.

Easily doable on blockchain itself using smart contracts with max vote per address set to 1 or N. More than 1 vote can be auto-rejected by SC.
Thanks for your inputs.

jr. member
Activity: 111
Merit: 1
Hi, I'm gonna try. (It's no really creative but it gonna be easily implemented)

An Anonymous Poll / Voting / Election system :
- Each election / ballot gonna use a main Dero wallet Address
- Each Decision or Candidate gonna take one sub-Address.
- Each voters will use a sub-Address to hide their identity and use a fraction amount of Dero coin to vote. (amount isn't supposed to be important)

Using sub-addresses system you can hide your main Dero Address but and administrator could check, if any voters try to vote more than one time without necessarily retrieving the main Address.

So things like this could prevent days of ballots preparation, prevent fraud and reduce drastically the preparation cost (time and money) in a traditionally voting ballot.
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