[ANN] Shyft Network - A Data Attestation Layer

[Rig4hodlers]

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The Shyft Ecosystem

Shyft Network participants are core to the growth of our decentralized data network, provided real value through the utilization and growth of the network, and rewarded for their contributions. Shyft’s identity solution is most similarly described as an OAuth2-type interface for Web 2.0 and 3.0 applications with 2FA applications. It is enhanced by:

· Combining consent channels giving users control over data
· Incentivized data exchange rails enabling counterparties to negotiate exchange of information.

Network Principles

01. Public networks should not be designed to store sensitive data on-chain.
Shyft Network is a public network that facilitates bridging of data across existing data ecosystems. The network does not engage in the transaction or custody of data itself, instead allowing data contributors to share encrypted attestations against externally-stored data to network participants of their choice. All sensitive data remains stored on external databases; only encrypted metadata is stored on-chain.


02. Data has value and individuals deserve to be compensated for sharing it.
Every day, individuals are exploited for their digital data. Shyft Network will allow companies to request consent from their users before sharing personal data, in compliance with privacy standards such as GDPR, and submit incentivized requests for data to current and potential users. Shyft Network offers users an interface on which to view and manage interactions with their data, and store rewards from sharing.


03. Nothing should happen without consent.
Shyft operates on a strict opt-in user consent framework, offering granular, accessible control over what is shared, with whom, and for what purpose. The owner of the data always has visibility and is always in control.


04. Security isn’t just about good defense and damage control.
Data leaks and hacks are now an almost daily occurrence. Shyft’s proactive security features are designed to detect and deter threats before the network is ever compromised through the bridge watcher system.

The Story of Trust Online

Online communication and commerce has evolved dramatically since the dawn of the web, but no one has solved the fundamental lack of verifiable trust online at scale — until today.

Shyft Network is a data attestation layer

Shyft Network is a public blockchain protocol designed to aggregate and embed trust and validation into data stored on public and private ecosystems, and permissioned and permissionless networks. By facilitating bridging across siloed datasets, Shyft allows for layering of context on top of data, ultimately turning raw data into meaningful information.

By allowing and incentivizing individuals and enterprises to work together to add context to data, Shyft unlocks the ability to build authentic digital reputation, identity, and creditability frameworks.

Shyft Team

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