The platform has abundant of features for every book lover. Especially the platform has the feature of blockchain which gives it a hug boost. Blockchain technology has this unique feature which allows the immediate transaction & it doesn’t allow any third party to join in it. The blockchain is having this feature of power of attorney(POA) which is combined with a decentralized delivery of digital content which creates a new pattern or ideally shift in the era of digital management culture.

Ishook is for note takers who wish to share their notes with other reader & have access to their notes directly from content. iShook is for the content creator who is out looking for the single channel for publish, monetize & creator.

Books are an entire world in themselves. There’s an entire world which revolves around the books & the curious mind want to know more about that world. The iShook is a wonderful platform for such curious brain. Ishook has something for everyone. They want to make a single social network gateway between an author & its audience, whereas other platforms have the multitude channels which often lead to a mess with the platform as well as author & their audience.

How does their payment system work?

There are the variety of transactions option available that can reach worldwide easily. The payment type such as Global ACH & wire transfers, Paypal is one of the new payment methods. The platform is working currently with some blockchain exchange companies like coinspayment.net & parallelpayment.com to accept the wide range of cryptocurrencies including the cryptocurrency of the platform iShook token and to allow the PSP tailored solution that allows the cryptocurrency exchange on behalf of the providers. This will provide the business a big boost and will make a secure, fast & safe payment with security. The iShook token will be the ERC20 coin ( Ethereum coin) which will be used across the entire platform. The reason why the ishook token adheres to the ERC20 standard because the token will be compatible with any ERC20 token compatible wallet such as MyEather wallet, MetaMask, IMToken, etc.

About Smart Contracts

Due to the smart contracts facility, the cryptos are signed cryptographically between the parties & are intended to provide greater security than the traditional contract law. That doesn’t only save the time but also reduce the transaction cost while contracting. It saves the good amount of time & money for various people like artist, institute, organization, publisher, authors, etc.

There will be a connection with the Ethereum Mainnet which will be handled using the mist & backup on the external hard drive, that will serve as the Ethereum Node of the platform. This will ensure the connection of the network whether they are synchronized which will help in the transaction. The transaction will be faster, easier & safe. The platform will use the REACT & WEB3 stack for the front end bridge & an interface to monitor all the events which are happening.

iShook is coming up with a new, unique & executive idea on their platform in the form of microtransaction & the payments from peers to peer for content & network exposure. Ishook is planning to build value for ishook token through the multiple ways in which the users can utilize them throughout a multitude of platform functions.

Conclusion

The platform come up with the unique idea for the book lovers. The platform is not only limited to book lovers, but those who prefer to read, write can also to participate on the platform. The uniqueness of the idea is the blending of the platform with the blockchain.

More information on the project (iShook) please visit their website listed below:-

Author: Dulaj Dilshan

Bountyhive Username: sachindu

Thank You!