Article Summary, Automatically Generated By AI
About Dock
Key Points
- Dock provides simple solutions for businesses and developers to build, manage, and present digital Verifiable Credentials and decentralized identities using blockchain.
- Dock’s blockchain provides an open-source, decentralized, and low-cost platform for organizations and developers to build Decentralized Identity and data applications for Web3.
- The team is led by Nick Lambert and Elina Cadouri, with experience in blockchain and data tech industry.
- DOCK token has a fixed total supply of 1 billion tokens, with 650 million in circulation, 150 million for emission rewards, 25 million for community rewards, and 175 million held by the Dock treasury.
- DOCK is available for trading on exchanges including Binance
About Dock: Empowering Data-Driven Decentralized Identities
Introducing the Dock Network (DOCK): A Revolutionary Blockchain Ecosystem
Dock is pioneering a gateway to Web3, empowering businesses and developers with seamless solutions to craft, manage, and showcase digital Verifiable Credentials and decentralized identities, all underpinned by the power of blockchain technology.
Dock offers a cutting-edge credentialing technology that enables the creation of cryptographically secure and instantly verifiable digital credentials, encompassing workforce certificates, academic achievements, identity documents, and KYC checks, thereby ensuring the highest level of authenticity and trust.
Since 2017, Dock has been pioneering Decentralized Identity and Verifiable Credentials (VC) technology, poised to serve as a gateway to the Web3 ecosystem of the future. Through strategic collaborations with organizations, we have been driving innovation in the Web3 space, empowering them to grasp the true essence of data ownership and seamlessly transitioning their documents, certificates, and credentials into secure, tamper-proof, and instantly verifiable digital assets. At its core, Web3 is about reclaiming data ownership, and by leveraging Dock’s cutting-edge technology, individuals can now assert genuine control over their most sensitive documents and reclaim sovereignty over their personal data.
Introducing Dock Blockchain: A Revolutionary Platform
Dock’s blockchain provides an open-source, decentralized, and low-cost platform for organizations and developers to craft decentralized identity and data applications for the Web3 ecosystem. Every Web3 user will require their own Decentralized Identifiers (DIDs), which are globally unique identifiers comprising a string of letters and numbers stored on the blockchain. These DIDs empower individuals to securely sign into websites and apps without divulging unnecessary information, fully own and control their digital identity, and prevent user tracking. The Dock blockchain serves as the entry point, featuring a protocol layer for all things Web3. The blockchain-based credentialing system is compliant with W3C standards. Dock operates its own validator network, and the blockchain is built on Substrate, the same framework utilized throughout the Polkadot ecosystem. It leverages the consensus mechanism offered by Substrate, a hybrid approach that separates block production and finality, achieving them through distinct methods. The blockchain shares the same consensus and governance mechanism as Polkadot.
Meet the Visionaries Behind Dock’s Innovative Team
At the helm of the team are Nick Lambert and Elina Cadouri, who bring a rich tapestry of experience in the blockchain and data technology sectors. Nick, CEO of Dock, has been a pioneer in the blockchain industry since 2011, having served as the COO of MaidSafe, one of the earliest companies to venture into the blockchain space. Elina, COO of Dock, boasts an impressive background in the data network industry. Meanwhile, Lead Developer Lovesh Harchandani is a renowned expert in the realm of Verifiable Credentials and Decentralized Identity, having crafted one of the most groundbreaking solutions at Dock.
The Multifaceted Utilities of Dock Token
The Circulating Supply of Dock Tokens: A Closer Look
Dock’s mainnet was successfully launched on September 30th, 2020. The total supply of DOCK tokens is capped at 1 billion, with approximately 650 million currently in circulation among the general public. A further 150 million tokens have been earmarked for distribution as emission rewards to the treasury and validators over the next 15 years, while 25 million tokens are reserved for community rewards. The remaining circa 175 million tokens are held by the Dock treasury, designated to support the ongoing development, marketing, and adoption of the network.
Acquiring Dock Tokens (DOCK): A Comprehensive Guide
DOCK is now accessible for trading on an increasingly diverse range of exchanges, including:
Prominent cryptocurrency exchanges, including Binance, Gate.io, HotBit, Huobi Global, KuCoin, and WazirX,
DOCK is the native utility token on the Dock mainnet, serving multiple purposes: it facilitates integrated payments for various network operations, including the creation of decentralized identities (DIDs), issuance of credentials, and schema creation, among others. Additionally, DOCK is utilized to reward validators for their contributions to the network, including block production and transaction confirmation. Furthermore, it plays a pivotal role in decentralized governance, enabling the community to vote on proposed changes to the network, thereby determining how the mainnet is operated and managed.