Biometrids-Decentralised and Anonymous ID byFacial Recognition on the Blockchain

chaukhchi (26)in #cryptocurrency • 6 years ago

Many issues exist with identity systems. The issues occur because of centralized systems operating as a silo between several service providers. The silo approach causes limitations to the security necessary for protecting passwords and issued identification records, as it provides a central place to breach, giving high returns for hackers. For example, identity providers like Google, Facebook, and other organizations requiring usernames and passwords are economically valuable in hack attempts. The overview below illustrates how many records can be breached when hitting numerous large corporations for identity theft.

Solution

Open-source blockchain technology offers the opportunity for a decentralized certificate authority for verification. It can maintain the mapping and distribution of identities to public keys, e.g. wallets. The smart contract can furthermore act as an autonomous computer program, executing predefined sophisticated logic within the blockchain system. The smart contracts help with verification between systems and the keymanagement to ease the burden for the end users.

What is Biometrids ?

Biometrids is a platform for identication using facial recognition by mobile device. The Biometrids platform allows people to identify themselves to others using the face recognition built into their phones. By using an immutable distributed ledger, every person in the chain will be unique. One face means one ID, and every ID is unique.

Biometrics is a key feature, as every individual on the planet is born with a unique set of biometrics, providing a tamper-proof method to uniquely identify who they are. The concept of biometrics includes your fingerprints, your face, your eyes, and even your voice. Combining it with blockchain makes much sense.Website : https://biometrids.io/

How it works

Facial recognition works around a picture of a person. This picture could be 2D or 3D. If we are using a 2D picture, chances of manipulation will rise significantly due to the non-complexities in the picture and the fact that it is easy to take a picture of another person, scan it with the phone, and then log in to that user’s account. By using 3D pictures, we will raise the complexity significantly. When you need to have ears, eyes, and chin, from an angle, it gets much more complicated to manipulate. When we also add a skin scan, and maybe even an iris scan, the complexity and uniqueness will be at a much more satisfying level and your facial scan will be unique.
Whitepaper : https://www.biometrids.io/download/BiometridsWhitepaper-interactive.pdf

Face recognition is quite complex. Here is a sneak peak into how we seperate a face recognition system into 4 pieces to create a complete system.

Token

ICO

PRE-ICO 25 nov. 5,000,000 coins available

ICO 16 dec. 70,000,000 coins available.

Name of the token will be IDS. There will be a total of 100,000,000 IDS.

5% will be sold in pre-ICO.

5% will be for bounties and advisors.

70% will be sold doing the crowdsale.

10% will be for team.

10% will be for foundation.

Pre-ICO will run for one week and the price will be 910 IDS / 1eth. The crowdsale will run for four weeks and prices will be:

Week 1: 665 IDS / 1eth

Week 2: 550 IDS / 1eth

Week 3: 500 IDS / 1eth

Week 4: 450 IDS / 1eth

Pre-Ico and crowdsale will run until end date, or until all coins are sold. The 10% for team and the 10% for foundation will be locked up for three years. Every unsold coin during the ICO will be locked for five years. After five years, they will be sold back to early investors in a private fundraising campaign. They will not be sold on exchanges.

Roadmap