What is SIX.network?
SIX.network uses blockchain technology and smart contract as the backbone to create decentralized platform which consists of SIX Digital Asset Wallet, Decentralized Financial Services, and Wallet-to-Wallet (W2W) Decentralized Commerce.
With this economic infrastructure, SIX can create an ecosystem that is transparent, fair, secured, and efficient for all stakeholders in the digital and creative economy.
Overview of the platform layers
SIX Digital Asset Wallet
More than just a wallet for cryptocurrencies, but a single point of entry for your contents, media, IP, loyalty and more.
- Store : SIX aims to develop one of the first wallets that will create a new way to store digital assets beyond just the cryptocurrencies. This wallet will be able to store any blockchain-based digital assets, ranging from creators’ digital assets (music, film, digital content, etc.) and digital copyrights to digital loans, payrolls, or even loyalty and reward tokens.
- Connect : SIX.network gives users the ability to directly connect with one another through SIX Digital Asset Wallets. This will remove the power of control from centralized platform providers who currently take significant portions of the supply chain profits through their platform lock-in strategy. SIX.network will provide a p2p communication layer for SIX.network users and decentralized chatbot APIs for businesses because SIX.network believes that communicating through instant messaging is the closest to natural human communication.
- W2W Commerce : SIX.network will provide the most enjoyable and convenient form of decentralized commerce. Musicians can sell their works of art directly from their SIX Digital Asset Wallets while the rest of the stakeholders, including producers, aggregators, and streaming app providers, could plug-into the decentralized ecosystem and use smart contracts to pass the copyrights and revenue sharing flow to one another. With the semantic metadata concept, SIX.network’s goal is to set a global standard for digital assets that allow machines to talk among themselves, leading to an automated and transparent marketplace on the blockchain.
Decentralized Financial Services
Future of digital banking for the creative industry; such as Smart Payroll System, Short-term business liquidity and Assets to loan solutions.
Business Points & Loyalty Tokenizatio
Numerous digital points are in the market today, including credit card points, air mileage points, loyalty points, ad watching points, web access credits, gift cards, and many more. Businesses can gain customer loyalty and operating cash flows through this point-and-coin system. However, the flip side is that these digital points become useless outside their own platforms and the cost of converting cash into digital points for different platforms through centralized payment processors is quite high. Businesses are now seeking more efficient ways to reduce these burdens and free up staff for more valuable tasks.
The Future of Digital Services
They envision SIX Digital Asset Wallet will be the center of the digital economy. Everything will tie into the wallet, which will give the power to control back to the digital creators. will have less apps since as the data is semantically structure, and the creators will have their own right to choose the partners, DAPPs, exchanges, and business model they want inside the wallet.
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