5ire Tech Week In Review

5ireChain
3 min readJun 23, 2022

Our QA engineers are testing the connect and disconnect functionalities of wallets integrated on 5ireChain.

Being able to connect a phone, email, and wallet is a defining feature of our wallets — especially from a user perspective. From our engineers’ and developers’ perspectives, however, and for users new to blockchain technology, wallet security is paramount. Being able to connect and disconnect wallets integrated on 5ireChain is a critical security feature that we test and retest to the nth degree. In our efforts to make blockchain technology accessible and easy to adopt by a wide audience, especially by users new to blockchain, we do all we can to ensure 5ireChain wallet security is never compromised.

We’re developing smart contracts for use cases including banking and public records.

Why do we think 5ire’s use cases in personal digital identity and public records are ideal for a digital ID solution?

  • Identity management is a cornerstone of governmental services, but legacy data management tools fail to provide secure yet rapidly accessible and updateable identities.
  • Data centralized around the user: Personal identity management is a $12 billion business slated to double by next year. The security, storage, and breaching costs of personal data are humongous.
  • Concerns over privacy and authentication failure of prior solutions.
  • The ability to trust government data absolutely in any situation is a foundational capability for any nation-state.
  • Data integrity is as much of a problem from the inside of an organization as it is from a hack by an outside entity. Government data should be effectively protected from an insider threat attempting to manipulate or alter the stored data.
  • The ability to verify the integrity of government data independently of its home database in real-time enables data interoperability between systems and across boundaries.

Our engineers are creating code for benchmarking our NFT features.

NFT will be the future of both human creativity and individually discernable and identifiable digital data. Our NFT features will not only apply to personal identity use cases but will also shine a light on myriad other uses of NFTs in identifying unique and one-of-a-kind items.

We’re creating base function tasks for minting, burning, and transferring on 5ireChain.

We are keen on developers building extensive solutions on 5ireChain, and are providing minting, burning, and transfer solutions as base functionality on the blockchain network.

Our designers are putting the final touches on websites we are releasing soon.

Websites are often the very first point of contact with new users and any business. Easy-to-use, elegant, and functional websites allow us to showcase our brand and products in the very best light, and encourage customers, investors, and partners to learn more about 5ire.

We’re researching future security standards including identity and access management, secure key management, and data management policies.

With the use of groundbreaking technologies like homomorphic encryption and quantum-safe password encryption we’re setting a high standard for security and trust on 5ireChain. We have a dedicated team of researchers who interact tightly with the rest of our technology team in pushing the boundaries of our understanding of blockchain technology and cryptography and anticipating future trends and risks.

More information about 5ireChain can be found by clicking on the following links:

Website: https://5ire.org

White paper: https://bit.ly/3Qcsmor

LinkedIn: https://www.linkedin.com/company/5ireChain

Twitter: https://twitter.com/5irechain

Discord: http://discord.gg/5ire

Telegram: https://t.me/OfficialFireChain

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5ireChain

5ireChain — www.5ire.org | Layer-1 EVM Compatible Smart Contract Platform | In Consensus Sustainability