BIOMETRIDS- Creating a More Secured Environment through Face Verification

in #cryptocurrency6 years ago

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Everyone has their own identity. Identity that they can use to claim whether a particular thing is his/her. In layman's term, it is our right to claim a particular thing whether it's a package, money, land, and etc. But these days, many people are using someone's identity, specially in world wide web, to commit a crime.
Ensuring that space we interact with is safe requires a valid identification. This is where biometrids will come in. Each people have their own unique face structure, no two are the same. Thus, having your face verified before doing a transaction is more secured than simply logging in.

Also, biometrids will use this system with thre existing Blockchain technology.

"Using the Blockchain technology, Biometrids is poised at providing a solution to identity and identification problems in all facet of life.

The advancement in technology has brought about smartphones with facial recognition via a built-in camera. Using the facial recognition capabilities of smart devices, each individual will be facially recognized on the blockchain. Biometrids is striving at creating a “One Face, One ID” phenomenon. All it takes is only a single recognition and there will not be a means to manipulate identities on the Blockchain. With this in place, there is an expected drastic reduction in identity theft. "

-Biometrids

Roadmap

2016
Start of idea

2017
Q1 and Q2. January - to June - discussion and
market study.

Q3 Development of the concept. Finding solutions to building the system.

Q4 PRE-ICO and ICO

  • PRE-ICO 25th of November to 1st of December
  • ICO 29th of January to 26th of February.

2018
Q1. Setting up the foundation and hiring process. Starting to develop stage 1.

Q2. Getting adopted to exchanges.

Q3. Beta version of stage 1. Testing with community. Creating design model and architecture for stage 2 – Community meet up, where we discuss ideas, current plans, future plans, and whats happened since the end of ICO

2019
Q2. Beta version of stage 2. Testing with community.

Q3. Creating design model and architecture for stage 3

Q4. Releasing stage 2 and starting to develop stage 3. Community meet up

2020
Q1-Q2. Beta version of stage 3. Testing with community. Creating design model and architecture for stage 4.

Q3. Assembling of product and full test. Partnering up with new services to use our API.

Q4. Stages 3 release. And starting on stage 4.Community meet up

2021
Q1. Stage 4 development, and final release of
Biometrids platform.

Q3. Final release of Biometrids platform, for all partners to use.

Q4. Community meet up.

Ongoing branding and increasing awareness of Biometrids to develop an onboarding process for businesses. Further development of the product with continued bug fixing, new initiatives, and improvements to the user experience.

Stage 1
This stage will commence if we reach our softcap of 4000 Ether. In this stage, we will start building the groundwork for the platform. This involves getting facial recognition working, and allowing people to start creating their decentralised IDs. Password protection will be necessary in this stage. There will be no API integration yet, only a working system.
Stage 2
The start of the API integration will be developed. We will build the API and let other platforms adopt our system into theirs.
Stage 3
During this stage, we will evolve the platform to use nodes. These nodes will be used for identifying people in the chain. Nodes will earn interest for their contribution to the chain
Stage 4
API integration will be further developed. We will improve the API based on any feedback given from stage 2 and add more services to the API to further adopt the system.
Stage 5 and beyond
These next stages will remove passwords, so that all people need to access their account is their face. Investments will be made to get governments to adopt our system and have them integrate their local services into our solution.

For more info kindly read the whitepaper
Technical terms on how this face verification system will work, the problems that they will encounter in building it, and other details about the project

Whitepaper: https://biometrids.io/#biometrids-whitepaper
Website: https://biometrids.io
Telegram: https://t.me/joinchat/E-BNGBDaHcasMMJOlsEPmw

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