Figure 1: ONINO Announces Its Product, Aims To Solve Problems Of The Web3 Technology
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Core Products
ONINO is working on two core products for users and developers:
- The ONINO Blockchain
A layer-1 dual chain that will enable the secure encrypted storage of real-world identity data, and serve as a platform for a vibrant ecosystem of use cases - built by both, ONINO as well as dApp-developers around the world.
- The ONINO Wallet
A clear dashboard that enables users to keep an overview of their assets scattered across different networks and link their real-world identity to their digital possessions. The wallet is designed with the goal of maximum user-friendliness to make the blockchain world accessible for everyone.
Dual Chain Architecture
The core technology behind the ONINO project is a so-called dual chain architecture. It consists of two blockchains communicating with each other:
- A Proof-of-Stake based public main blockchain for transaction processing
- An encrypted side blockchain for secure data storage
This enables the safe and decentralized storage of real-world identity data and provides users with full control of their data.
The ONINO Ecosystem
The platform is designed to be the simplest solution to solving web3 problems for users as well as developers and to lay the foundation for use cases that were previously considered impossible in the blockchain space.
ONINO will enable developers and companies to implement new identity-based dApps using ONINO's core technology and thereby build a growing ecosystem of layer-2 solutions.
Users can store a variety of private data on-chain without revealing it to other users on the network. When dApps request information that is connected to a wallet, they cannot access it without the user's permission. This will empower new levels of data security and will provide users with full control...