DIW is presented as a Digital Identification Wallet that gives any account holder the ability to store, access and exchange sensitive, encrypted data and services to another account holder.
The main mission for this platform focuses on security in every venture that it sets out on. Its promise remains to put an end to the plague of data breaches, growing online frauds, and use of cryptocurrency only within the cryptocurrency community.
Where things begin to get unclear is exactly what DIW is offering besides security. Not much is mentioned about the tokenization of the platform, but what is mentioned are the many goals and ideas the team has. This includes a decentralised security platform where data will remain highly-encrypted and secure as well as private for the storage of sensitive information and digital data, with arrangements made for partial or full sharing of any desired piece of info.
They also aim to provide ecommerce websites with a secure method of accepting payments in fiat or other major cryptocurrencies via the DIW Payment Gateway with Paid Escrow services, generate a Global Directory where individuals/organisations will be able to list their services and expand their reach, and involve account holders in the sharing of Electronic Health Records between individuals and laboratories or health practitioners.
The leadership of the team consists of CEO and COO, Stephanos Constantinou and Christopher Zenios who co-founded DIW as well as the company that they are partnered with, Alcaeus Labs. Both gentlemen have business experience to ride on and masters degrees in Digital Currency from the University of Nicosia, and the CEO Stephanos Constantinou is also CEO of MEFAL and Filomedica, a pharmaceutical warehouse company and pharmaceutical supplier both based in Cyprus.
The developers of the platform are also experienced web developers and seemingly blockchain experts. The ICO is set to launch but has already been reviewed by ICOBench with a 4.5 rating, although it does need to be said that the leadership is directly linked with the review website, so make of that what you will.
The price of a DIW token is set to steadily increase as phases of the ICO reach completion. However, the final ICO price is advertised as 1 ETH = 8000 DIW as on their website, where you can register to purchase some tokens once the ICO begins on May 2nd of 2018 at diwtoken.com. The total supply of the ERC-20 tokens is indicated to be 1 billion, with 70% sold at the crowd-funding ICO event in May, and investors have been told in the whitepaper that whatever tokens are unsold at the end of the event will be burned. A hard cap has been set for this coin offering at $28 million and more updates about the project can be found at bitcointalk.org/index.php?topic=2567416.
The goals for DIW are certainly ambitious, and some might even consider there to be no particular focus besides security. The services being promised are exemplary and would definitely impactful and widely adopted, but one has to wonder with projects like these where a prototype is yet to be fully developed only after the ICO and listing of the token on exchanges would have taken place. Would the trading of this token and its value be entirely speculation? Things will be clearer as we head down the roadmap of this project, with a full launch of the platform in Europe expected by Q4 of 2018.
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1387958