Asure ecosystem is made up of the Asure Network, Asure Blockchain, the Asure Platform, and third-party applications.
ASURE NETWORK.
The network is a scalable blockchain network for decentralized social security systems. The Asure network normally lays the base for ten billion people to access social security systems and attains a great social impact where it is required the most.
Its the technological foundation that ensures optimal performance regarding transactions all through while maintaining the decentralized feature of the network and thus it assures the required transparency level and cost-efficiency within the Asure system. Its usually administered as numerous plasma side-chains which are connected to the Asure Blockchain or the Ethereum Blockchain as well as any other EVM compatible blockchain. Each of these side-chain is run by several independent node providers who require to stake ASR tokens to come to a consensus between them and therefore within the network.
Through staking these ASR tokens, node providers can profit from additional tokens by offering their computing power. Each social security system will have a side-chain in this network.
The main requirements for social security and blockchain in a scalable scenario are:
🔗 Transactions on the network throughout through side-chains to such extent that countries and residents can carry out their financial transactions within the off-chain.
🔗 For the protection of user’s privacy, no private data should be stored on the blockchain, and infact, transactions should not be assigned to a user. However, personal data is encrypted and stored off the blockchain. The Zero-Knowledge-Proof technique can be used to ensure the storage of personal data is avoided completely.
🔗 Transparency within the Asure Network is necessary for the protection of social security systems against corruption and alterations. While respecting the user's privacy is important, so is ensuring transparency of the system generally to enable, for instance, real-time statistics of the money-flow overall.
🔗 There are many influencing factors and rules that must be adhered to concerning social security.
🔗 For a system that organizes and stores financial transactions of social security systems, it must meet multiple security requirements. Data should not, at any point in time, be manipulated or stolen, and the system should be resistant to attacks, breakdowns, and other failures.
There are more technologies that are going to be implemented in the Asure Network:
The network will use the plasma framework to create a scalable blockchain network for social security systems requirements. In order to raise Layer 1’s limits even further to operate the social security systems effectively, scaling of Layer 2 is considered to be the best solution. Reason being it makes it easier to uphold security in the system as it depends on Layer 1. The solution is designed as a fusion of Asure root-chain and corresponding side-chains to match social security systems requirements. These side-chains can be connected to smart contracts of Ethereum or other blockchain technologies working with the plasma design patterns.
CONCLUSION.
Social security systems based on blockchain have several merits compared to traditional social security systems. They ensure a constant and much higher quality of the data used and stored through process integrity, immutability, and sustainability of the system, thus enabling accurate real-time analysis of all these factors.
🔗 WEBSITE: https://asure.network
🔗 TELEGRAM: https://t.me/AsureNetwork
🔗 WHITEPAPER: https://www.asure.network/asure.network.whitepaper.en.pdf
🔗 FACEBOOK: https://www.facebook.com/AsureNetwork/
🔗 TWITTER: https://twitter.com/AsureNetwork
🔗 MEDIUM: https://medium.com/@AsureNetwork
🔗 REDDIT: https://www.reddit.com/r/Asure/
🔗 LINKEDIN: https://www.linkedin.com/company/asure
🔗 YOUTUBE: https://www.youtube.com/channel/UCa3AMvXEwfOkgjih2ESuhSQ
🔗 TGE PAPER: https://www.asure.network/asure.network.tge.en.pdf
★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to ASURE OFFICIAL WEBSITE
