As promised, here is the first part of the "and then, what?" articles describing Quintessence's long term vision, once the infrastructure is in place. Many coins and tokens come out ready-made but lacking a strong base, hoping that people will continue development using them and starting from scratch; Quintessence has a long term vision and wants to be showing businesses a fully-usable network to build on.Spark.Connect is the social component of the Quintessence Neighborhood: Spark.Connect will run as a sidechain of the main SPK chain.
The entries made in this variable block length blockchain will be linked to optional personal data and it will allow some entries about each participant to be encrypted. It is the participant’s
private key that will be used to decrypt whichever personal info is stored and encrypted in the Spark.Connect blockchain. Basically registering with Spark.Connect will be a necessary step for people to identify themselves in order to benefit from certain DAPP services that will be part of the Neighborhood. Participants can also be businesses or not-for-profit entities.
There will be
3 degrees of authentification, with varying levels of anonymity. This tool will be essential for more powerful services such as social network, SPK discussion forum, clean email, freelancing, lending, funding for development projects or non-profit funding and the like.
First degree - ID nick created with email verification; an entry is made in the blockchain with an internal Cryptographic ID; a semi-anonymous nick created to take part in the forums and low-trust or trustless DAPPS.
Second degree - includes first degree plus real life name, address, land phone or smartphone number with SMS code verification (untrusted phone carriers frequently used to bypass SMS verification will not be accepted). Getting this degree will open some features such as clean email.
Third degree - includes Second degree, plus postal address verification, social and trust rating - Third degree is gradually earned, and within Third degree certain services will require more trust than others, such as borrowing and crowdfunding.
Naturally, throughout the Spark.Connect network, privacy will be made easy to manage, where participants will have the option to decide who gets to see what about themselves.
If we successfully gather sufficient funding through this ongoing crowdfunding effort, this service will be developed by the Quintessence team, right after the basic infrastructure has been put in place, as it is essential to the next steps of Quintessence. If enough funding is not secured then a new ICO might be considered for this project alone, as Spark.Connect will be a profitable DAPP. We want Spark.Connect to be accessible by services using other cryptocurrencies as well.