Hello friends I want to introduce to you a wonderful project called XSL LAB, XSL Labs will offer a decentralized identifier called SDI, a distributed dApp store called SYL Library, and a dApp allowing the interoperability between the ecosystem’s services called ONE. They will work as a single tool to make the user experience easier and more enjoyable. Please take part in the adventure.
Introduction:
XSL Labs will develop a series of decentralized apps that will use SYL on the DLT Pulsar. These distributed apps and app extensions, including ONE, CONNECT, CORTEX and many others, will be developed in its future premises. XSL Labs will be tasked with creating an ecosystem in which user data is protected to the maximum. All of the services offered in the ecosystem will be accessible with the SYL token, and the remuneration of the various members will be made through it. XSL Labs will be responsible to develop an ecosystem around the Internet of Trust. It will have all the funds related to the Initial Coin Offering to ensure the development of Pulsar and its components including distributed SDIs, distributed apps and distributed app extensions. XSL Labs is an incubator and provider of grants for projects that wish to be developed on Pulsar. The aim is to create a complete ecosystem around the protection of personal data by allowing development teams to participate in it.
What is internet of trust?
To adapt is necessary to allow the user to be protected while indulging the benefits of data streams in our globalized world. We need to move from a strong asymmetry of benefits between individuals and business, to symmetry of benefits derived from data gathering. This will be the Internet of Trust.
Secure Digital Identity:
SDI is a collection of encrypted user data. This distributed digital identity can be deciphered with a personal and confidential cryptographic key that only the user holds.
This SDI is going to be completed by the user himself, who may also associate external data sources with it through service providers (for example: KYC service providers, service issuers, certification authorities…). The user nevertheless remains the only to be able to feed data to his SDI. The management of this associated external data will generate notifications in ONE at the user level, who can access the data and decide whether or not to integrate it in his SDI. Each piece of data will be distributed in a peer-to-peer network after being subject to encryption15 as well as being distributed by hash table (DHT).
The function of this decentralized storage (previous diagram) is to be a restoring checkpoint of a user profile as well as to ensure the irrevocable nature of the data transmitted on an SDI and the respect of the legal retention period. Any data captured on the Pulsar network (DLT) will be unintelligible and unusable because the owner of the SDI is the only one to hold the decryption key which links the public network (Pulsar) and his data, thus unveiling the data.
History of rights:
Each owner of an SDI will have access to the full list of current and past rights on his SDI. This transparency offers advantages:
• Have a complete overview of all rights granted
• Possess the power to revoke a right when a contract is not in progress.
Governance:
As part of the grant program6, necessary for the distribution of the network in its first phase, each partner group that receives funds from XSL Labs to develop distributed apps on Pulsar, will have to acquire a node and thus become a delegate7 of the network. Likewise, any actor wishing to deploy a dApp within the ecosystem will have to maintain a node on the network and thereby become a delegate. Delegates will be rewarded in SYL for signing blocks depending on their importance on the network.
Any software, before its deployment on the network, will be subject to a code review and will be tested by several parties (including XSL-Labs) and will regularly be checked for potential vulnerabilities. Independent and professional bodies will also be involved in securing the code. XSL Labs and the members of the ecosystem will secure Pulsar and all its elements for the sustainability of the network and the preservation of trust.
Conclusion:
The Secure Digital Identity (SDI) will be stored on the DLT Pulsar and accessible by the user through the ONE app. ONE will be a scalable distributed app, which will provide access to the different distributed app extensions (dExt), offered in the dApp Store of the SYL ecosystem. The SYL Library (dApp Store) will offer access to a panel of services developed by different players in the ecosystem. These services will be accessible in SYL, the utility token of Pulsar. The SDI will have two levels of verification (without or with KYC), which will ensure the perfect authentication of users and the access to different services depending on their level of verification. Users will be able to access the services without disclosing their individual identity when registering or using them. With the perspective of community and decentralization, each service developer in the SYL ecosystem must have a node on the network and thereby become a Pulsar delegate. The consensus mechanism will make it possible to reward the delegates. This reward will directly come from the network’s costs.
FOR Further CLEARIFICATION
Website: https://www.xsl-labs.io/
Whitepaper: https://www.xsl-labs.io/en/
Telegram: https://t.me/xsl_labs_official
Twitter: https://twitter.com/XSL_Labs
Facebook: https://www.facebook.com/XSL.Labs/
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Unclelucky
Bitcoin Profile Link: https://bitcointalk.org/index.php?action=profile;u=2824517