YOKcoin Price (YOK)

The YOKdata (YOK) system is a ''digital safe'' that seeks to help users to keep personal data safe while also providing the user with authority to share the data with their preference. That's why the platform seeks to self-proclaim as a unique and secure platform for backup and data storage.

The problems users face with their data are security, safety, and stealing of information by any hacker or monitoring by any other source. The client's details, personal information like credit cards, or accounts details are also at a certain risk. Therefore, YOKdata (YOK) evolved with the possible solution for the above risks with data. The platform defined the key points and then aimed to resolve them by using encryption on data. Consequently, the developers claim to protect data or information with a key only known to the user. The platform uses blockchaintechnology to seek to store the data safely with a distributed approach.

The platform also allows users to choose a subscription and allows a registration model. Upon registration, the platform seeks to provide several features based on the user's subscription. Users can upload their files which will then be protected with a personal key to encrypt them. Therefore, the uploaded data gets encrypted, divided, and stored safely using blockchain technology. Similarly, the user can download the file, mail, transfer the data, and delete the stored data. For all these processes to execute, the user must have a private key that seeks to provide security to data access. Moreover, to raise funds for the platform's development, YOKcoin (YOK) was created. Further, the token has also supported the subscribers of YOKdata (YOK) to pay their subscription fee with the YOK (YOK). The token also makes the users earn discounts when they use them on the platform.

The YOK token team has Dixon Van Iersel (owner and founder), Patrick Van Iersel (a business consultant and data protection officer), Gerwin Sturing (system analyst – programmer), Jeremy Van den Breul (datacenter engineer), and Marjolein Sijtsma (marketing and publicity). As a plan, the platform aims to make the YOK (YOK) token more functional while dealing with more storage, sharing skills on the YOKdata (YOK) platform. The token's initial coin offering lasted from February 1, 2020, until April 30, 2020.

The maximum total supply of token as per the whitepaper is 150,000,000.00 YOK.

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