Decentralized Accessible Content Chain (DACC) is a platform that will revolutionize the digital content and media industry. DACC will establish a public blockchain that features ownership and access management at the infrastructure level in digital media industry. A decentralized file system that contains intrinsic identity and access management (IAM) will be implemented to give users and content creators methods to securely initiate, store, and manage access permissions to their data and IP. IAM ensures that only authenticated users can access the resources they are authorized to use, and resource owners will have full control over the user authentication and authorization process. Content creators, curators, and consumers will all be properly and fairly incentivated to build a community that places content creators at the center stage. In addition to this underlying infrastructure, a full suite of developer tools will also be created which will allow any user or entity to easily build and develop content-related decentralized applications (DAPP’s) for any digital media platform on top of DACC. DACC Foundation will also set aside a special fund, aka, community development fund via DACC labs, to incubate developer community to create innovative Dapps on DACC platform. DACC will revolutionize the digital media economy by innovative technology, distributed global community and special token model and reward system, which finally empower real creators in digital media industry.
DACC Competitive Advantages
DACC is a platform that will revolutionize the digital media industry. DACC will establish a public blockchain that features data ownership and access management at the infrastructure level. A full suite of developer tools will also be created, making it easy to build on top of DACC and develop content-related decentralized applications (DAPP’s) for all users and use cases.
Infrastructural Innovations Based on IAM System
DACC will be designed with the following core technical elements in mind:
● A decentralized file system that contains intrinsic identity and access management (IAM) and a scalable public blockchain used as a ledger for recording transactions
● Smart contract capabilities, including the ability to issue new tokens (launch ICO’s) and the ability to build any content-related decentralized application that requires strong IAM
● Developer tools with abstracted token economy templates for both creative content and social network data.
● Modular decentralized file system with strong IAM controls that can be called by other blockchain services
● Token Economy Template and GUI tools for both creative content and social network data.
DACC platform is world’s first IAM based platform which includes 3 parts, a distributed file system with built-in IAM, DACC public chain and DACC development tools. DACC will focus on developing a modular based decentralized file system with IAM, this can be plugged in other public chains too. DACC public chain also features strong IAM controls, with DPOS/VRF Consensus to ensure scalability. Additionally, DACC will provide development tools for different parties of digital media industry, including content creators who have limited development resources, developers who are building their own DAPPs in digital media industry and other blockchains who need IAM system.
Public Chain Security
DACC implements formal verifications (FV) to ensure security over DACC blockchains. Although bugs are inevitable, they are planning to implement a systematically exhaustive approach to build a mathematical model with codes to consistently improve blockchain security. Security is a paramount matter to DACC community. With recent glitches found on Ethereum platform where smart contract owners introduced bugs that can be exploited and led to overflow of float numbers. DACC blockchain is set to protect the digital assets of all participants. Furthermore, they are also going to set aside bounty program that encourages developer community to build and improve DACC blockchain project. Developers will be rewarded with bugs found and software improvement implementation under the developer community fund.
DACC Virtual Machine
DACC’s platform software can be abstracted as a network that facilitates the communication of validated transactions between network and user accounts. In this way, any software language or virtual machine can be compatible with DACC as long as they can be integrated with DACC’s platform software API. Validation of transactions involves two parts: validating if a transaction conforms to internal standards, and validating if a transaction has the necessary prerequisites such as sufficient transaction inputs. After a transaction is validated, then DACC application or blockchain states can be updated. DACC’s software will encourage parallel computing opportunities to the greatest extent possible by clearly defining blockchain state access rights for the validation of transactions and for the actual updating of application and blockchain states. Through this, DACC’s platform can process transactions more efficiently.
DACC token is the currency for all transactions, gas fees and reward to block validators and storage providers: (“DACC Token”). Additionally, a special allocation of DACC Tokens will be used to develop the community (10%), DACC software development, system maintenance and security development (15%), also reward the special contributors and advisors (10%). See below for a detailed allocation table. The price of the DACC Token is 1 ETH for 200,000 DACC Tokens.
DACC Token holders will not be granted any shares and management rights over the DACC platform, DACC Foundation and/or any subsequent company being set up. DACC Token holders will not be entitled to any dividends or income from the DACC Foundation or the DACC platform as a result of holding the DACC Tokens.