PROOF OF TRUST
The automation and immutability that makes Smart Contracts so appealing also has the potential to derail their viability.
While Proof of Work and Proof of Stake provide distributed trust for data storage, the introduction of Proof of Trust provides distributed trust for data input.
Just as courts and lawyers provide a vital validation and appeals processes for paper contracts, iCash’s PoT Delegates provide the same process for digital Smart Contracts.
- Computation ensures Data is immutable when written
- Only confirms data, does not check the data
- No mechanism to detect rogue incoming data inputs anomalies
- Irreversible inputs create risk for invalid data being perpetuated
- Additional layer of trust audits data inputs for reliability
- Increases Smart Contract applicability
- Added protection against rogue or incorrect data inputs
- Validates data inputs
- United States
- Saudi Arabia
- United Arab Emirates
- South Korea
- Hong Kong
- South Africa
- United Kingdom
- Cayman Islands
2018 Quarter 1
(a) iCash legal & regulatory compliance established
2018 Quarter 2
(a) iCash Proof of Trust Protocol development began
2018 Quarter 3
(a) Multiple Exchange Listings announced
(b) Core PoT Engine Logic established
2018 Quarter 4
(a) Token Sale completed
(b) iCash testnet launched displaying Delegate onboarding, partner enablement, dApp contract origination, execution and settlement, Delegate voting and distbute arbitration process, rewards distribution and trust score recalculation, and Blockchain integration
(c) iCash testnet launched displaying Delegate onboarding, partner enablement, dApp contract origination, execution and settlement, Delegate voting and distpute arbitration process, rewards distribution and trust score recalculation, and Blockchain integration
(d) Korean, Japanese, and US partnership announcements begin
(e) Smart Contract Deconstruction Protocol defined
2019 Quarter 1
(a) Version 0.6 released dispaying Dev framework, KYC integration, pay out integration, bonding/ staking and delegate bonus calcluation distribution, allowing for platform mediation of complete Smart Contract settlements with dispute arbitration capabilities supporting multiple blockchains
(b) Bridge nodes established for crosschain transactions
(c) Delegate portal content management system
2019 Quarter 2
(a) Proof of Trust protocol launch< (b) Version 0.7 released displaying data analytics and intelligence, AI & Machine learning, privacy and governance standard compliance while launching the Platform for Smart Contract settlements with all in scope features including production grade security (c) UI optimized with improved gamification via data driven machine learning engine (d) Delegate selection randomization algorithm sortition process transitioned from PoT engine to protocol level/span>
2019 Quarter 3
(a) iCash token freely tradable in US
(b) Protocol Version 1.0 on Private Chains & Ethereum released with capacity engineering and subsequent blockchain integrations
(c) iCash Blockchain Network Monitor
(d) iCash Block Explorer
(e) iCash Foundation for Decentralized developer community
Will McDonough is an investor and entrepreneur. He led the $825mm IPO for Atlas Mara on the London Stock Exchange, co-founded the Goldman Sachs Builders & Innovators Summit while at GS, and has built and scaled businesses over the last 20 years.
Jonathan is an investor, advisor and entrepreneur with 25 years of experience in the US, Japan, Korea and China. Previously, Jonathan held positions at Deutsche Bank, Credit Suisse, and Latham & Watkins. Jonathan graduated Harvard College, Columbia Law School and Columbia Business School.
Ling Qing Meng is a software engineer that develops blockchain applications and infrastructure. He’s helped companies build architecture that creates new markets possible only now through permissionless end to end exchanges of value.
Prior to iCash, Donald served as Risk Management Officer at the $75 billion State of Massachusetts Pension Reserves Investment Board (MA PRIM) and co-led MA PRIM’s first Direct Hedge Fund Program helping invest $4 billion into 21 Direct Hedge Funds.
John comes to iCash following a 10+ year Sales and Relationship Management career at MFS Investment Management. He managed some of the firms most important Retail Relationships through the worst financial crisis in almost a century. He managed the Global Relationships between MFS and 10 of the worlds largest Banks and Financial Institutions, and was responsible for ensuring the most lucrative and productive synergy between these major financial institutions.
Tristan has directed Blockchain Strategy consulting for companies like GE, Hyperloop, and SwissRe, as well as others focusing on Asset Management, Real Estate, Supply Chain, IOT, Biotech, Transportation, Gaming, Sports, and Trading. Tristan plays a critical role in creating & implementing new business models leveraging transformational technology and organizational design.
Nick studied economics and business with a quant focus at Fairfield and NYU’s Stern MBA program. Nick has been researching modeling and trading in Crypto assets since 2015 and brings a detail oriented technical and signal focused eye to assessment. Before iCash, Nick worked as a hedge fund analyst, developing algorithmic crypto trading strategies.
Rico is a blockchain engineer and has previously advised multiple blockchain companies. Coming from a finance and technology background, he provides expertise in formulating business strategy and ideas as well as technical architecture and design of blockchain infrastructure.
Yuan has been an Enterprise Architect in the Telecom, Banking and Insurance industry for over 25 years designing & building complex multi-tier distributed enterprise solutions. Yuan has extensive experience in leading Cloud transformation programs across different domains and has lead engineering teams in several startups.
Archana is a founding member of Blockchain startup Everledger. She is a leading engineer within the Blockchain industry and has an extensive track record of leading the end-to-end delivery of large-scale technology-intensive programs in emerging technologies. Archana is an accomplished expert on multiple Blockchain platforms such as Ethereum, EOS, Neo, HyperLedger etc.
Passionate technologist who believes in marrying the disciplines of computers, finance, economics and cryptography on open blockchain platforms to produce revolutionary products and solutions. Prior to joining iCash, Anant has helped many companies onboard onto this alternate decentralised financial platform of the future.
Engineering Leader in IT with specialization in Insurance and Telecom segments. High-energy, versatile, hands-on leader who has also led Software Architecture, Design and Next-Gen teams to build adaptable, scalable, and high performance software.
As a designer Mandana bridges the gap between people and the world around them and responds to design opportunities through a human centred approach and innovative thinking. Mandana has gained experience in diverse sectors through projects with Sainsbury’s, Royal Bank of Scotland, the ICAEW and Jaguar Land Rover, to name a few.
Designer by heart and technology enthusiast, currently working on developing ‘customer friendly real life’ financial applications. Has experience in converting questions into actionable set of problems and design experiments to find the most appropriate solution.
Sangjin is an investor and entrepreneur who brings over 20 years of IT, software and management experience to iCash. Sangjin is a co-founder of Chain Cabinet, a Seoul based blockchain crypto fund. Sangjin was formerly a partner at Kstartup, an accelerator where he funded and launched 50+ startups, a product manager at Microsoft Korea, and a management consultant at Monitor Group.
Founder & CEO, Virtusa
Head of Capital Markets and Managing Director for Marsh & McLennan Insurance Company
Supercomputing Expert from NASA and Lockheed Martin
Former Chief Business Officer at UBER
Chief Corporate Officer of Yello Digital Marketing in Korea
Managing Director of Tim Drapers’ Draper Athena in Korea
Chairman and CEO of the X PRIZE Foundation, Co-Founder and Executive Chairman of Singularity University, Named one of 2014’s “50 Greatest Leaders” by Fortune Magazine
Director of Strategic Development for Google Founder Larry Paige’s Kitty Hawk
COO and Co-Founder of Coinplug & Metadium
Seed investor and Board of Directors, Kakao Corp & Founding Member of KPMG Korea
CEO and Co-Founder of Coinplug and Metadium
Founder of Beyond Blocks
Founder and CEO Charles Pyo is also CEO of Chain Partners and EOSYS, and President of KBlock
Partner at BlockTower
CEO of OGroup
Founding member and former COO and CFO of Sierra Brook Capital.