COLLECTION AND USAGE OF BeANKH TOKEN AS THE DIGITAL CURRENCY OF BeANKH PLATFORM

Juli 12, 2018

COLLECTION AND USAGE OF BeANKH TOKEN AS THE DIGITAL CURRENCY OF BeANKH PLATFORM

BeANKH - is a unique platform which develops artificial intelligence through blockchain technology to preserve human thinking algorithm, decision making patterns and psychological traits of human being. Where attaining physical immortality is barely possible BeANKH will provide computational technology for copying human memory and behavioral pattern. For getting this phenomenal service one will have to pay in digital currency which is BeANKH token. This is the digital currency of BeANKH platform.

Benefits of BeANKH Solution

Digital You And Digital Testament Functionalities
Using Blockchain For Long-Term Preservation Of Data And For Security
Works At Lifetime And Beyond

How could we use the technology ?

Therapeutic purposes
The loss influences harmfully relatives’ lives. BeANKH will be able to compensate the deceased person’s physical absence and give the possibility to communicate with a digital replica via voice or written communication.

Legal rights transfer
By means of a testament, a person can delegate rights of making certain decisions to its digital analog. The team is going to integrate the platform with such social networks as Facebook, Twitter, Linkedin.

Historical evidence
It’s one of the most extraordinary ways of BeANKH usage. The technology gives the possibility to receive answers from famous persons and opinion leaders of the past.

Usage examples for alive people

● Scheduling
● Making task lists according to priorities
● Curating content

Ethereum blockchain utilization
Ethereum blockchain will be utilized for data storage. The platform will use Distributed Hash Table (DHT) consisted of hashes of the data files stored off the chain because the storage of large amounts of data is very expensive in this case.
Each document or its part will have its own unique hash identifier. Many of these hashes will be compiled into a single hash, using the Merkle tree structure.

Another problem in the modern world is the identification of a person in the network. It’s a very important issue because the project must give only a certain person to create his digital analog. Identification of a person will be centered around a blockchain ID, which is an ordinary block in a chain and contains necessary information (date of birth, for example). The basis of the method is ECDSA — an elliptic curve digital signature algorithm. When adding a state-issued ID to the blockchain, the system sets a public key by default and then transfers the ownership of the private key to the user.

Economic Concern

To be a part of this exclusive technological advancement of BeANKH platform, one has to agree in solving block’s ‘problems’ and thus has to push bits of currency. To pay for this aforementioned service, hardware required in facilitating the technology and other necessary fees one has to use BeANKH token.

Conclusion
Ankhlabs covers not only technological aspects, such as learning person’s behavior and transferring his psychological portrait to a digital platform (i.e. the artificial intelligence usage), the project also forces us to reflect about the philosophy of life and death.

The project utilizes blockchain technology because it excludes the possibility of manipulation of data previously embedded in the chain. The decentralized platform won’t allow creating the community managed by third parties. It’s important in terms of ethics and security. DigiPulse has experienced the transferring rights to digital assets to the next generation and it’s in demand in the modern society, so Ankhlabs will also be able to tap into their market niche.

ICO Details
BeANKN is a name of the system token. It will be used for payment of several chargeable services (usually for communication of digital personality with third parties). BeANKH is an ERC20 standard compliant token, that’s why its purchase will be done using smart contract.
The token sale is divided into 2 phases:
Pre-sale. It starts 06/15/2018 and continues until 130 000 000 tokens will be sold or until 07/14/2018. 50% Bonus.
Public Sale. Divided into 4 stages. The duration of each one depends on the number of sold tokens.

The sale starts 07/15/2018 and continue until all BeANKH will be sold or until 10/14/2018. The price of 1 token is 0,12 USD. The minimum contribution during the Pre-sale is $5 000, and during the Public Sale, it’s equal to $50 000. Soft Cap is at $1,8 million, Hard Cap is at $41,6 million.

In total there will be issued 650 000 000 BeANKH, which will be allocated in the following way:
● 450 million tokens are for sales in the ICO;
● 60 million tokens are a reward for the team;
● 45 million tokens are for the development of Ankhlabs;
● 36 million tokens are finance of the fund;
● 30 million tokens are Bounty campaign;
● 15 million tokens are referral campaign;
● 14 million tokens are a reward for advisors.

The budget will be spent in the following way:
● 45% is for research;
● 20% is a reserve of the fund;
● 20% is the marketing campaign;
● 10% is costs of operations;
● 5% is legal costs.