iTrue ICO’s Technological UpscalesteemCreated with Sketch.

in #bitcoin6 years ago

Identity Verifications:

ITRUE.JPG

Moto: Reduction of expenses on the KYC process

Specific Applications: Banks, payment systems, insurance companies and P2P lending service.

Mobile applications of presently existing personality projects use the Universal Authentication Framework procedure, built by the FIDO Alliance and designed to work with biometrics. It is, however, linked to personal devices where it stores all the user’s confidential data. The UAF feature had been adopted long before Blockchain was also familiarized. It hasn't altered since then.

With ITRUE, we give IDV operational method without the necessity to stock data on particular devices. Easy KYC can be assimilated into our policy. Users can permit the KYC formula using their phones, PCs or an accredited partner’ terminal.

However, KYC is one solution provided by iTrue just. Along with a simpler and cheaper KYC solution, we offer a platform for authentication unlike the majority of the other industry incumbents, with privacy and security assembled in through biometrics acknowledgement and an advanced storage solution.

Biometric Recognition:

Moto:

• Easy and straightforward authentication through the website, mobile terminal or application

• Easy and secure authorization of financial transactions

• Secure management of IoT devices

• Device-free documentation of clients, buyers, travelers, and invitees by making practice of IP cameras and readers

• Identification of terrorists and felons at the stadiums, trade and events centers

Specific Applications:

• Commercial and public sector: Online projects, shops, ATMs, self-service terminals, transportation companies, entertainment and trade centers, educational institutions, refugee registration

• The private life of a user: management of access to personal property

ITRUE offers a secure and straightforward biometric authentication solution through the website, app or a terminal. The sheltered biometrics components not only brands it is faster for people to login but also happier as it goess away with the necessity for PINs, ID cards, or a smartphone: all of these are potential facts of disaster.

Biometric recognition has applications in many spheres of life. Currently, we graft with facial recognition that is better than pattern recognition since it’s more hands-free and accurate. We can install facial recognition technology in conferences and occasions for hands-free cataloging for participants.

Biometric recognition has applications in many spheres of life. Currently, we graft with facial recognition that is better than pattern recognition since it’s more hands-free and accurate. We can install facial recognition technology in conferences and occasions for hands-free cataloging for participants.

Hand veins and iris scans are deemed to be more secure than using fingerprints and a facial examination. In ITRUE, we have coupled up with experts in computer knowledge, those are experienced in increasing systems that identify iris of the eye and hand veins via authenticating users for access to large-scale enterprise systems. At this stage, we are exploring partnerships for our technology deployment.

In a nutshell, our platform allows secure and comfortable authorization of financial transactions, secure management of IoT devices and also secure access to your property in the real world (car, apartment, etc.).

Privacy Control:

Moto: Compliance with the rules and regulations, i.e., GDPR.

Specific Applications: Fintech, e-commerce and other companies, which use personal details of users.

This is an exclusive micro service of ITRUE, as consumer has control over data that they share with other platforms at all right times. With iTrue, users know who has access to their data exactly. For example, if you would like to authenticate on a particular service (say a social network), then you need to confirm that you are sharing your data with that ongoing service.

Our privacy mechanism solution works contrarily compared with solutions: We increase the platform companies that practice the personal data of users and divide them into categories. For example, a bank/payment system shall be attributed to the financial institution category, an online and supermarket shop will be assigned to retail/ e-commerce category, and a municipal government to public service category, etc.

By default, the system categorizes the personal data and makes it available to the ongoing companies according to need an application. Thus, a user need not confirm approvals each time as the system follows the rule and allows the access to the data to the company as per its designated category.

For example, facial recognition as well as biometrics are positioned into security methods like surveillance system that is where ITRUE’s privacy structures come into habitation. Surveillance systems may disturb human rightswhile tracking and identifying customers without their awareness.

With ITRUE, however, when the face scan recognizes a person's identity, the system obliges the company using the platform to notify the person about the use of his/her data. If the character is not recognized, it is not entered into the operational system. Such confidentiality control service marks ITRUEcomplaint to GDPR, wthat is a privacy and records protection guideline in EU law which aims to get control of personal records of citizens and inhabitants.

All companies with access to data of EU citizens are required to seek the consent of the information topic before distributing their material with a third event. With the help of ITRUE, customers can refute third-party entrée to their records. Moreover, consumers can demand to remove or alter their data as and when needed. This can be made promising through alternative service that ITRUEdeals maned Stone Storage.

With the help of these stellar technologies, iTrue tries to make a safer blockchain for the masses who want to use a more reliable and secure platform where breaches are blocked and fought rigorously.

ICO NAMEITRUE
Websitehttps://itrue.io/
Twitterhttps://twitter.com/Itrueio
Telegramhttps://t.me/itrueio
LightPaperhttps://itrue.io/files/iTrueLightPaper.pdf
WhitePaperhttps://itrue.io/files/iTrueWhitePaper.pdf
Author Bitcointalk IDJerrycryptofield
Bitcointalk profile linkhttps://bitcointalk.org/index.php?action=profile;u=1660015
ETH wallet address0xBc41d2eCe871178a375d3e636ff6dEd1fBaCA1C2
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