Reinvention Through Technology
The Idoneus Economy is underpinned by a token-based e-commerce / asset monetization platform, utilizing blockchain, smart contracts and state-of-the-art web & mobile application technology, to enable fast, secure, contact-free payment for luxury assets and experiences for beachfront villas, boutique hotels, luxury yachts, fine art, diamonds and much more. The Idoneus Platform is a hybrid platform that is built for transactions as well as to provide innovative products & services to our users.
Security & Privacy
Ensuring the security of the platform and for its users, and the privacy of the asset and user data, are critical priorities at Idoneus.
- Robust Infrastructure: The platform is built on inherently secure blockchain and cloud technology.
- Regulatory Compliance: In order to protect ourselves, our clients and our platform, all activities are compliant with relevant AML and data privacy regulations.
- Identity Verification: Access to the platform requires each user to undergo the Identity Verification protocol to ensure potential bad actors are kept at bay.
- User-level Security: Username / password protected accounts, 2FA, hardware wallets, etc.
- User Tutorials: On the Support Hub there are multiple tutorials and instructions on safeguarding your online activities and IDON tokens.
Blockchain Technology
Blockchain-based applications are changing the way buyers, sellers and investors interact with each other and the assets they have interests in. Idoneus is leveraging the benefits provided by the Ethereum Blockchain.
- Immutability: Consensus on data accuracy is required from all network members, and all validated transactions are immutable because they are recorded permanently. No one, not even a system administrator, can delete a transaction.
- Security: Blockchain is far more secure than other record keeping systems because each new transaction is encrypted and linked to the previous transaction.
- Transparency: With the blockchain ledger, each time an exchange of goods is recorded on a Blockchain, an audit trail is present to trace where the goods came from. This can not only help improve security and prevent fraud, but it can also help verify the authenticity of the traded assets.
- Speed: Blockchain solves the time-consuming process and automates them to maximize efficiency. It also eradicates human-based errors with the help of automation.
- Efficiency: Due to its decentralized nature, Blockchain removes the need for middlemen in many processes for fields such as payments and real estate.
Smart Contracts
Smart Contracts are lines of code that are stored on a blockchain which automatically execute when predetermined terms and conditions are met.
- Automation: makes for a better user experience. Functions such as buying products or transferring legal ownership are now quicker, more trusted and automated.
- Transparency & Security: everyone involved in a transaction can confirm payment is made, the product is delivered, and ownership is legally transferred.
- Cost Efficient: Smart contracts remove the need for intermediaries to handle transactions and, by extension, their associated time delays and fees.
Native Digital Currency: IDON
IDON is a currency that only exists digitally. It uses a decentralized system (Ethereum Blockchain) to record transactions and manage the distribution of units, and it relies on cryptography to prevent counterfeiting and fraudulent transactions.
- Name: Idoneus Token
- Ticker: IDON
- Blockchain: Polygon
- Token Type: ERC-20
- Total Supply: 1,000,000,000 (1 Billion) tokens
Technology Partners
Idoneus works with best-in-class technology providers to build the new digital economy.
