About Dock (DOCK)
Dock reports active engagement in building Decentralized Identity and Verifiable Credentials (VC) technology since being founded in 2017. The Dock platform claims its technology can make any document tamper-proof by utilizing Verifiable Credentials.
Verifiable Credentials are described as documents existing in the digital plane which have verified crypto signatures attached. According to the platform, the purpose of such technology is to enable companies and organizations to ensure documents are authentic and tamper-proof, given pdf and other such files can be easily forged and thereby subject to fraud. Once documents are implemented with VC technology they are said to be instantly verifiable across organizational chains.
Dock also enables a technology called Certs. Certs are described by the Dock platform as being a complete solution that enables companies and organizations to create, manage and present VCs from a single unified platform. The infrastructure and tools provided by the Dock platform are said to make the process of issuing and verifying credentials by way of the blockchain very simple for Dock organizational users.
The platform also reports making it possible to implement VCs into any existing network infrastructure by way of the Certs APi. Additionally, the Dock wallet SDK can purportedly enable organizations to build a Verifiable Credentials wallet into existing applications. DOCK tokens, the network cryptocurrency can then be used as the medium of exchange in such wallets, along with VCs.
Dock enables participation in the digital network by the utility of its own independent blockchain. The Dock blockchain is developed from the Polkadot Substrate. The blockchain, therefore, utilizes the identical consensus algorithm to Polkadot (DOT). The Dock blockchain claims to be developer-friendly, interoperable, secure, private, energy-efficient, scalable and Ethereum-compatible.
Dock utilizes its own network digital currency. The digital asset which powers the Dock blockchain ecosystem is known by its token ticker $DOCK. Dock crypto price is updated and available in real-time on Binance.
