Dear BitForex users,
We are delighted to announce the listing of Paycam Lotto Protocol (PLP) on BitForex. The details are listed below - Happy trading!
- PLP deposit will open on 2021/06/25 14:00 (GMT+8)
- PLP /USDT and PLP/BTC trading will open on 2021/06/25 14:00 (GMT+8)
- PLP withdrawal will open on 2021/06/26 14:00 (GMT+8)
- Project Name: Paycam Lotto Protocol
- Token Symbol: PLP
- Total Supply: 10,000,000,000 PLP
- Circulating Supply: 250,000,000 PLP
- Official Service site: paycam.asia
- Blockchain Explorer: https://etherscan.io/
Paycam is a combination of Payment and Cambodia, meaning a payment project carried out by the first financial banking sector in Cambodia.
Payment is based on purchasing lotto through applications and conducting businesses such as shopping, loan, and cards.
This is a decentralized system, but also operates closed parts based on a Smart Contract.
It may be asked, ‘why the closed part under the great value of sharing and expanding blockchain?’
Some parts of the European security regulation GDPR contradicts PIMS (subsequent version of ISMS) in South Korea.
It is a conflict between the ledger and the part that connects the ledger in a chain in the shared contents..
For example, in a blockchain, the history that A sent to B can be viewed with just a hash value. This hash value can be shared, so it can specify A and B, and even know how much they sent.
The GDPR asks this very question.
Why can C see the details of the transaction even though A or B did not agree to it?
Therefore, the person who is authorized to view the ledger should be able to verify with the other parties, and shall allow only those who have limited permission to read, but agree to have it be viewed as “closed”.
Paycam would like to present a technical standard to achieve the essence of blockchain in Cambodia.
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