Source: (KIRIK.ORG, 2018)
Cryptocurrency has changed the financial markets in many ways. In the past, people used to visit banks to get their transactions done. Today, with the use of the smart phones and the internet one can perform his/her transactions online without visiting the financial institutions premises. With the increased security issues and privacy, many firms are adopting a technology that will guarantee that the users are served diligently. Today, firms such as KIRIK intend to use the latest technology to guarantee better transactions for the users.
With the use of blockchain technology and smart contracts, the users can transact easily and securely. I want to take you through the methodology of semantic modeling or programming but first what is KIRIK? KIRIK is a decentralized smart contract platform that is intended in ensuring safety and security of the users. The platform allows the users to enjoy different blockchains that are put together in the platform to guarantee better and enhanced online transactions for the users. The platform is based on the semantic modeling or programming methodology. KIRIK is based on three pillars that are described below:
Source: (KIRIK.ORG, 2018)
Semantic data modeling techniques or semantic concept as used by KIRIK
The logical statistics formation of a DBMS (database management system), whether relational, network, or hierarchical, cannot completely satisfy the necessities for a conceptual characterization of data, since it is inadequate in scope and prejudiced toward the execution plan utilized by the database management system. Therefore, the requirement to characterize data from a conceptual analysis has led to the growth and development of the semantic data modeling techniques.
With the use of the semantic data modeling techniques, KIRIK will be able to define the meaning of statistics within the perspective of its interrelationships with other statistics/data. With the understanding that a semantic data model is an abstraction that largely describes how the amassed symbols transmit to the real world, KIRIK will be able to provide a true symbol of the real world where privacy and security will be guaranteed for all users.
With the semantic data modeling techniques ability to plan the data resources, KIRIK will be able to scope and identify projects to construct shared data resources that will enhance the user’s experience. KIRIK will also be able to control transaction processing in a dispersed database atmosphere. Also, KIRIK will be able to provide consistent and shareable databases that will drastically reduce the development costs through the data modeling. The semantic concept will allow KIRIK to use different blockchains that will allow better security and transparency for all users.
ROADMAP
Source: (KIRIK.ORG, 2018)
For more information, please visit
TELEGRAM: https://t.me/kirik_protocol
FACEBOOK: https://www.facebook.com/kirik.metaprotocol/
TWITTER: https://twitter.com/kirik_protocol
MEDIUM: https://medium.com/kirik-protocol
GITHUB: https://github.com/kirikprotocol
LINKEDIN: https://www.linkedin.com/company/kirik-protocol/
REDDIT: https://www.reddit.com/r/KirikMetaProtocol/
Author : Gitagiajose
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2303447