LOOMIA - Intelligent clothing

LOOMIA proposes a convention for multi-factor character confirmation that scaffolds the physical world and the advanced world to demonstrate that the physical you is the computerized you. We do this by utilizing individual information gathered from your articles of clothing, synchronized to an online profile and confirmed with a unique mark. To put it plainly, we guarantee that you will be you by gathering individual information from what you wear.
Loomia is a decentralized biological system focused on giving tripartite administrations of information gathering by means of garments and wears as a way to make and manufacture individual character and to offer brand proprietors truthful figures and examination of genuine customers.
It works in conjunction with the LOOMIA Electronic Layer (LEL), a delicate adaptable circuit inserted into materials with the capacity to detect changes in its condition, for example, warmth and touch.

The stage is building up the Loomia Tile; an equipment gadget that changes fabrics into information gathering and personality apparatuses.

In addition, the LOOMIA TILE’s unique ability to associate an individual’s physical identity to their digital identity presents an interesting starting point for a wide range of third party integrations.

It makes it possible to build applications using LOOMIA technology to verify identity and facilitate secure payments passively and seamlessly, with no manual interaction or interface. The Loomia as an application is totally intertwined with regular reality and utilizes the Block innovation as a result of security and trustworthiness of the framework. One component that makes Loomia’s Tiles exceptional is the capacity to relate a person’s physical personality which displays an extremely energizing beginning stage for a wide of scope of outsider joining.

The LOOMIA TILE mates to a LOOMIA Dock in order to recharge its battery, recharge its associated LEL’s batteries, and connect to a computer with the Tile Platform app. When the LOOMIA TILE recognizes the user’s fingerprint inside of the LOOMIA Dock, they will be signed into the Tile Platform app, where they can choose whether to transfer data between
their TILE and their account, sell data, or simply charge their batteries without any other action. The LOOMIA TILE sits at the intersection of two new, fast-growing industries: smart apparel and personal data. As such, it is uniquely well-positioned to unite these two burgeoning fields in service of each other.
The Tile Platform’s stack is made up of three distributed applications working together, as shown in the figure below:
The decentralized app for user interactions and data collection
The decentralized data storage for longterm housing and and retrieval of data
The blockchain for distributed, verifiable, universal record keeping
Ultimately, the Tile Platform is designed to be storage agnostic. We will be implementing Storj integration with Blockstack, as Storj is currently the most robust and developed distributed storage platform. Storj creates encrypted portions of a file called shards which are stored redundantly throughout the network.

The blockchain ensures that zone files are correct by matching the hash for the file stored on the blockchain with the hash retrieved from distributed storage. This allows users to connect and get correct routing information for communicating with the rest of the network.
All LOOMIA products will be registered on the blockchain. In the post-manufacturing phase a public/private key pair is generated for the product and the public address is written to the blockchain with that item’s ID. This address represents the owner of the product.
Purchasers receive the private key of the item’s blockchain address when they purchasethe product. The purchaser can then choose to update the owner address to one of their choosing, or to keep the address generated for them (which is less secure, but more convenient). The update method can naturally only be invokable by the owner.

THE TILE TOKEN
This is the currency unit which provides access to the Tile Platform. The TILE token will start off as an Ethereum ERC20 token. Like any other Ethereum token, the TILE token can be transferred freely between users directly on the blockchain and with virtually no reliance on the LOOMIA app. For instance, if a smart contract wants to reward a user whose identity score is above some threshold, it could look up the user’s identity rating on the registry contract that lists the score alongside the user’s address. TILE token can also be converted to STORJ tokens via LOOMIA’s “token change” smart contract which allows users access to the Storj platform without directly holding STORJ tokens.

To enhance the stage and enable other willing members to take parts, the stage is issuing ICO. The token utilized for executing in the stage is the ‘TILE’ token. It is a standard ERC20 token and brilliant contract based on the innovation of the Blockchain. To get points of interest of ICO, check https://loomia.com/token.

CONCLUSION
LOOMIA-enabled garments store data points during the day and transfer them to the LOOMIA TILE when they recharge at night by simply going about their day which create very valuable data sets that provides brands with meaningful insights about how their products are being used. LOOMIA’s TILE is a proactive, ethical plan for providing the high-volume, high-precision data sets that companies will seek while eliminating the middlemen, ensuring that individuals will retain the right to own the data that they create and close the feedback loop. In exchange for TILE tokens, users can sell their data to researchers and other interested buyers in an anonymized fashion on the Tile Platform. These tokens can then be converted to other digital currencies or used across businesses on the LOOMIA platform which offers a wide economy in which the TILE token has value.

For more information, visit:
WEBSITE: https://www.loomia.co/
TELEGRAM: https://t.me/LOOMIA
FACEBOOK: https://www.facebook.com/LoomiaCo/
WHITEPAPER: https://www.loomia.co/token#whitepaper
TWITTER: https://twitter.com/LoomiaCo
MEDIUM: https://medium.com/@LoomiaCo
ANN THREAD: https://bitcointalk.org/index.php?topic=2343085.0
Author: Johnabajo
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1558264
ETH Address: 0x13f02ba6acdea755c5ec725232908af5329882c6