DeepOnion is a cryptocurrency that has gained traction since the time of its inception, which operates in same way as bitcoin although with a few more things under the hood. The main feature of this cryptocurrency is its integration in the Tor network, allowing users’ IP address to be totally anonymous and therefore offering the chance to conduct totally private transactions between two parties. DeepOnion provides safeguards against the revealing of the identities of the traders by decrypting the IP locations. This makes purchasing goods and services easier using the DeepOnion token because no one can monitor your movements and transactions online.
Another attractive characteristic of the DeepOnion cryptocurrency is the Deep Vault, which is a storage facility for information that is held with DeepOnion’s blockchain. Information held within the blockchain essentially makes it immutable, which means that it is unable to be changed. The DeepVault allow onion members to store file validation credentials within the blockchain itself. The obvious benefits to this of course is it grants users the ability to verify the integrity of the file over time. Moreover, if the hash of the file changes, it means that the file has been tampered with. Such a tool will be priceless when checking to see if important documents are safe and secure and whether or not they have been altered or changed in any way shape or form.
Courtesy: DeepOnion Telegram Group
The benefits to such a piece of technology are great and there are plenty of sectors, in which this tool can help improve certain areas.
Creative Arts
Take the creative arts for example. A lot of creative art companies have struggled in the past because they have been unable to prove that they own the right to certain pieces of art or sculptures. In the art world, there are always people who are looking to take down the competition any way they can. As with a lot of creative art companies, their financial survival actually depends on their ability to prove they own intellectual property, with regards to certain pieces. Deep Vault would enable them to safely store sensitive information such as intellectual property rights, as well as other contracts. Deep Vault would be able to fully protect these documents against things like theft, counterfeiting and corporate espionage.
Small Businesses
The problem that a lot of smaller business face today is the rising cost of pretty much everything, whether that be rent, stock and wages. These are all factors that a small business has to take into account. However, that being said, one thing that they must have is the appropriate security to protect private information that pertains to the business itself. Such document include the likes of tax returns, bills, staff wages all of which have some weight behind them and could spell disaster if they fell into the wrong hands. Having the right security to keep information like this safe is one of the most expensive things any small business can endure. In some cases it can be a leading factor in why small businesses fail because they simply cannot afford to keep paying extortionate prices for things that aren’t really as necessary as they once were. Deep Vault can be put in place to safeguard important documents, data and files and protect them from the likes of theft and data loss, like in the event of a fire and physical copies of documents are lost in the fire.
Corporate & Developers
Having an identity to prove who you are and whether you an official contributor to a certain project is a very important part in today’s society. Being able to timestamp your code within the DeepOnion blockchain ensures that you are the one who created it. Being able to prove that you are the one who created a block on DeepOnion’s blockchain is crucial, especially in such a highly counterfeited environment.
Doctors
If you are a doctor, you are required by law and accountable to the oath each doctor swears to uphold (the hippocratic oath). This oath ensures that every doctor must protect their patients medical records and keep them private and confidential. Instead of storing in a system that is subject to the constant threat of hacking and breaches, where this information can easily be accessed by a cyber criminal who knows what they are doing. Why not store the hashes of the documents in an immutable blockchain, where they absolutely cannot be altered in any way, thus protecting your patients and their private medical history.
Accountants
Company records are just as important as medical records, and they deserve the same treatment in terms of security and keeping them safe. Companies are required to follow strict rules and regulations from the FSC when it comes to storing company data. They spend millions of dollars a year making sure the integrity of their security systems are fully operational. With DeepOnion you can rest assure that sensitive company information, such as financial records will remain untouched after you submit onto the DeepOnion’s immutable blockchain.
Scientists
Enormous amounts of money are poured into a varying number of scientific project each year. Scientific innovation is one of the most important roles in our society, as it has provided humanity with many life changing technologies and will continue to push the scientific boat out. Being a scientist, you will be dealing very very private information, such as the formula to a new drug that has huge money making potential. Needless to say, it would be of the utmost importance to keep this scientific data safe and secure and out of the hands of any potential thieves. Deep Vault is the perfect place for scientific data, as the vault is able to protect this data by storing an immutable snapshot of the data.
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