What is a BCERT Token and how is it used?
A BCERT Token is a utility token, currently based on Ethereum, used as a unit of account within the BCERTs CORE platform. It facilitates transactions, smart contract services, user authentication, and compliance-based processes, enabling users to operate businesses and engage with the platform's features.
What are VNODEs and how do they relate to BCERT Tokens?
VNODEs are transaction sub-units, with 100 VNODEs per BCERT Token. They act as markers for critical points in smart contract transactions, such as certifications or transfers. VNODEs are like 'initials' on a physical contract, confirming specific elements within a transaction until all 100 are used and the token locks.
How does BlockCertsAI address identity fraud?
BlockCertsAI combats identity fraud by verifying user accounts with external factors, authentication sources, and third-party transactions, creating a digital identity signature within the BCERT Token. The VNODE Metrics system reduces fraud entry points, and transactions are auditable against an open-source blockchain ledger using Zero-Knowledge Proof protocols.
Can I store BCERT Tokens in any wallet?
BCERT Tokens meet the ERC20 token protocol, meaning they can be stored in any ERC20 compatible wallet, including the BlockCertsAI Wallet or external wallets. However, the BlockCertsAI Wallet currently only holds BCERT tokens and does not support other cryptocurrencies.
What is the cost of a BCERT Token and how can I purchase them?
The cost of a BCERT Token is $11. You can purchase tokens by ordering a BCERTin application through the pricing section, or by buying additional tokens within your BlockCertsAI Wallet. Valid payment methods include Bitcoin, Ethereum, Credit Card, and Bank Transfer.