Path to Success İn Blockchain

in #know8 years ago

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Today, crypto traders are having difficult days. Bitcoin prices, which have hardly any problems to rise, are lately and often in the market! It's under constant sales pressure because of Mt.Gox. The reason why Mt. Gox enters our lives is primarily the hacking events and the digital security issue.

In this age, identity information is required in order to be able to handle many areas. In the case of phone, dangling, electricity, connecting water, while registering internet, in short, it has become a homework assignment in every field of life. In 2009, the Indian government chose an interesting digital ID method to overcome this problem. He founded UIDAI, a private institution that developed Aadhaar. Aadhaar has now become a fully functional digital authentication tool that interacts with both government officials and people's daily lives. In the first year, the Indian government saved a huge cost of $ 1.5 billion on this issue.

The part that interests us is, especially in the crypto world, almost every ICO is asking for identity information under the name Know Your Customer (KYC). Whenever we want to participate in every iCo, we feel like we are in the photography studio every day. Get an Eline phone, get a passport, take a self-check, write a date ... the list goes on. In today's post, we will examine traceto, which has developed this area project.

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What does Traceto.io do?

In fact, the KYC transaction is the headache of every trader, because people want their credentials to be secure. When you join an iCo, project owners are always at risk of abusing your information. Traceto works with cynopsis.co from these underground licensing organizations. Some of them are in the customer portfolio of Cynopsis. Some of them are Zilliqa, Simple token, ICON, KYBER. Network some of them. The KYC software, which the project calls Artemis, is actually prepared by Kyber and ICON for KYC and Kara Money Laundering used.

The system is quite simple. First, the identity information is uploaded to the system by the user. A short video is also taken to pinpoint the identity. Traceto plans to prevent the uploading of false identities from the facial lines in these videos entered into the system. Information uploaded to the system is instantly encrypted. The passwords of this information can only be opened by the user. The high degree of encryption technology is passed in front of the identity theft.

The Traceto ecosystem uses some Dapplars for the operation of the KYC network.

  • User Dapp: An application that allows users to access information on the Traceto Network.
    Service Provider Dapp: Here is the process for service providers. They have access to the reputation information and scores of the users who have Taleo.
  • Dapp, which provides Company Claims: Companies here use the general information of users or the information in their hands to update them if they are outdated.
  • This application, which we can translate as Community Dapp, is actually related to management. In other words, the information necessary for various public transactions is provided through this application. All of these operations are also handled by BlockChain technology.

Traceto goes to ICO to collect $ 30 million in total. There are a total of 1 billion T2T tokens, each of which will be 0.10 cents. Of these, 40 percent are for sale, while 25 percent are reserved for wear and Advisors. The 25 percent portion is split into partnerships, marketing, airdrops, and bounties. The remaining 10 percent was left for the company's reserves.

Website: https://traceto.io
Telegram: https://t.me/tracetoio
Ann: https://bitcointalk.org/index.php?topic=2911588.0
Bounty: https://bitcointalk.org/index.php?topic=3439768

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