LinkEye (LET) operates as a digital asset financial service platform built on a credit-based model. Its core mission is to address societal credit challenges, delivering secure and user-friendly financial services worldwide. LinkEye aims to achieve a holistic credit assessment by seamlessly connecting diverse sources of credit information.
What is LinkEye?
LinkEye constitutes a consortium blockchain platform established on the Hyperledger Fabric framework. Its paramount objective is to forge a global credit alliance, harnessing the potency of blockchain technology and the credit-economy model. This model empowers LinkEye to facilitate the formation of a shared roster of untrusted profiles within the credit alliance, seamlessly integrating scattered credit data sources, culminating in a resilient and dependable credit repository. The application of LinkEye technology contributes to fortifying the current credit system, fostering impartiality in credit accessibility for all individuals.
LinkEye is unwavering in its commitment to erecting the pioneering blockchain-grounded Credit Alliance, which boasts access to all credit reports originating on the platform. With the utmost emphasis on data security and deterring fraudulent activities, every alliance member is meticulously vetted and appointed by LinkEye.
The LinkEye team
Our team at LinkEye is a dynamic ensemble of professionals, each contributing their distinct expertise to the project. Among our accomplished members are Bùi Anh Hoàng, an adept crypto marketer and enthusiast; Eberendu Ikechukwu, a seasoned project manager; Fahidul Islam, a digital marketing authority hailing from the UK, and Karthikeyan Karuppasamy and Sharmila Karthikeyan, the co-founders of Ken Knack Corporation, a blockchain service company founded in 2015.
How does LinkEye work?
LinkEye harnesses the capabilities of blockchain technology, integrating eight core mechanisms to ensure the efficiency and robustness of the alliance. It commences with the Blacklist Mechanism, which exposes fraudulent activities by publishing a roster of untrusted individuals maintained by alliance members. The Membership Mechanism further fortifies the platform's data integrity and efficacy, employing stringent vetting protocols for selecting and reviewing alliance members. By bolstering the credibility of members, the potential for exploitation is minimized.
The Credit Mechanism is another pivotal facet, regulating the credibility of alliance members. Each member starts with an initial credit score of 100, deducting 5 points upon any dishonest behavior. It is worth noting these scores are openly visible within the alliance. The Arbitration Mechanism serves as a practical tool, permitting alliance members to challenge data published by others, thereby reinforcing data credibility.
Incorporating the Information Sharing Mechanism ensures that pertinent information remains accessible solely to intended recipients. Each member possesses a unique user ID, which must match within this mechanism for credit data access. To circumvent data exchange disruptions due to LET price fluctuations, LinkEye executes the smart real-time Pricing Mechanism, allowing members to publish credit data slightly below market value.
Data security is fortified through dedicated firewalls that safeguard against data crawling. To prevent irregular queries, alarm triggers are set based on application conditions, championed by the Data Security Firewall Mechanism. Finally, the Open API Mechanism extends an external query interface to external parties, enhancing the platform's accessibility and reach.
LET tokenomics
LET has a maximum supply of 1,000,000,000 tokens. 624,044,958 LET tokens are currently in circulation. As of date, there are 69,951 LET holders.
LET use cases
LET was designed to facilitate transactions and trading for products and services. As the utility token fueling LinkEye's quest for credit-based fairness, it plays a pivotal role in constructing a robust credit system for society. Furthermore, LET empowers LinkEye users to access the network's public blacklist. This is achieved by submitting full IDs for specific queries and obtaining detailed reports through LET exchanges.
Harnessing the capabilities of LinkEye's blockchain technology, these use cases converge toward establishing an all-encompassing and trustworthy credit system.
Distribution of LET
The allocation of LET tokens is structured as follows:
- Forty percent was offered through the initial coin offering (ICO) for public sale.
- Thirty percent was designated for early-stage project supporters and investors.
- Twenty percent was allocated to the LinkEye Foundation, fostering project growth and ecosystem expansion.
- 10% was reserved for the LinkEye team's participation.
What is the future of Linkeye?
The future of LinkEye appears to be promising as it sets out to revolutionize the credit industry through the power of blockchain technology. By introducing a conceptual framework that involves creating a shared list of untrusted profiles and establishing a reliable credit system, LinkEye aims to foster honesty and prevent fraudulent individuals from gaining access to financial services. This ambitious project holds the potential to shape a global credit-based society characterized by enhanced fairness and transparency.
