UKISS Whitepaper ©2022 - Page 17

UKISS Blockchain

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UKISS is developing a security-focused blockchain to bring the UKISS community together . It will be powered by $ KISS .
Potential characteristics :
• Ethereum Virtual Machine-compatible
• Energy-efficient with low gas fees
• Designed to have high throughput of at least 2,000 transactions per second
• Based on proof-of-stake model with industry partners and delegated voting users as validating nodes
• Governed by UKISS decentralised autonomous organisation ( DAO )
• Scalable and can support applications including but not limited to :
• DID support and related applications ( i . e ., ID wallet )
• Third-party DID-based applications ( e . g ., DID management systems , DeFi VC marketplace , etc )
• Support for IPFS-based persistent DID data storage , decentralised CA , and multi-party computation .
Violating the UKISS service-level agreement may result in losing holdings and removal from our approved list of providers . Learn more about $ KISS in the next section .
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