Smart Finance White Paper
  • 1. Smart Finance Overview
    • 1.1 The rise of GameFi
    • 1.2 The Play to Earn model is revolutionizing the gaming field
    • 1.3 Smart Finance: a DAO for global blockchain games
  • 2. Smart Finance Products
    • 2.1 S-swap
    • 2.2 GameList
    • 2.3 Smart NFT
    • 2.4 SLaunch
  • 3. Smart Finance development plan
    • 3.1 The Grand Genesis phase
      • 3.1.1 The Genesis phase
      • 3.1.2 Contribution proof & mining methods
        • Fission hash unit
        • Deposit hash unit
        • Hot-start mining
    • 3.2 Smart Network
    • 3.3 Smart Governance
  • 4. Technical Framework of Smart Finance
    • 4.1 Working principle of the Smart Finance system
    • 4.2 Working principle of Smart Network verifies the node
    • 4.3 Operating principle of S-DAO
    • 4.4 AI Vault - operation principle of the GameFi Pool
  • 5.Tokenomics
    • 5.1 About SMART tokens
    • 5.2 SMART Output
      • Genesis Phase
      • Community Genesis Phase
    • 5.3 SMART token mining distribution
    • 5.4 The deflation model
      • 5.4.1 Deflation through repurchase
      • 5.4.2 Deflationary ecosystem
  • 6. Roadmap
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  1. 4. Technical Framework of Smart Finance

4.2 Working principle of Smart Network verifies the node

Smart Network works by providing a GameFi data verification window into the Web3 world on a blockchain network system, and providing additional support and rewards to all participants who maintain this window. When the verifiable claim iSCSI initiator verifies that user-specific characteristic attributes (such as asset class, number of assets, and so on) are correct, a verifiable claim of user identity is initiated.

Any trusted party (the verifier) that needs to authenticate the user will accept the verifiable claim and verify its authenticity. To realize the effective operation of the identity management system, the trusted party must establish a trusted relationship with the declaration initiator.

The user does not have to store any information personally related to the user on the claim originator node or the verification node while holding the Smart authentication node. The user only needs to establish trust between the claim initiator and the verification node in advance to make the Smart Network work properly.

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Last updated 2 years ago