I can see you have plans for kyc and aml for platform users. But I don't see third party trusted kyc managers or companies in your whitepaper. What of transactions on the platform, how would you manage storage of all this information?
All information regarding storage can be seen in our Storage FAQ that was asked on our telegram channel
OPN FAQ: STORAGE
With so many registrations, uploads, Kyc, and transactions on the OPN ecosystem, How would the numerous data on the OPN platform be managed?
ANSWER:
Firstly, all the data available on the platform could be divided into three parts:
1.Delivery information:
which includes details about single transaction represented by documents: Purchase Order, Quotation, Order Confirmation, Insurance Policy, Quality Document, Packaging List, Invoice, Delivery Note, CMR
2.Bid/Bet public information: which is adjacent to products placed as an item-orders or item-profiles. This might be product name, quantity, price, delivery date etc.
3.Personal and Payment information:
which includes customer names, addresses, mobile numbers, KYC data.
Secondly, the 1st group of data is managed by smart-contract since it is crucial information and any loss of that data might make the whole process unreliable and non-valid.
Ethereum network is known for great sense of security and active community that keeps maintaining and developing their network.The 2nd group of data cannot be managed by smart-contract efficiently since it is costly to make frequent operations with highly mutable data structures. Moreover smart-contract are not a good choice for fast and real-time operation.
Thus, the choice was to move this data to non-generic blockchain model using DPoS as a consensus algorithm.
The 3rd group of data is managed by Open Packaging Network in a centralized highly secure storage until we have a chance to move this to a
decentralized service like Storj.