New project iTrue that combines biometric identification and blockade!

xam0rov (26)in #cryptocurrency • 6 years ago

INTRODUCTION:

Some interesting facts:

More than half of e-commerce cart abandonment is due to forgotten passwords(49%) or forgotten debit/credit card details (59%) underscoring the need to improve authentication measures.
49% of the users in the US are concerned about their biometric data being compromised, while 35% are worried about their bank having access to the information.
Facial recognition in surveillance is legal in Russia and other countries, but is considered a major privacy threat, especially if the security of the system is compromised.
In Shanghai and Beijing in China, facial recognition is being used not only by state security and surveillance, but also by private companies.

PLATFORM:

iTrue Limited has just shown that it is developing a great platform for an innovative approach in how enterprises create decentralized applications. In addition, developers are confident that they will improve the confidentiality of data in line with the strict European GDP. The iTrue solution will be deployed as a lock service with a built-in biometric authentication system.
The decentralized platform will support user authentication for developers and enterprises, the creation of new chain networks, and the ability to reward users for honest data sharing.

DETAILS OF THE PLATFORM:

iTrue’s blockchain-as-a-service platform enables applications to integrate authentication independent of passwords, gadgets and plastic cards — all through microservices as building blocks. But that is just one part of iTrue.
The ITU token brings together individual and business users into a single ecosystem with unlimited opportunities for scalability, under a decentralized platform for identification and data storage.
The platform itself does not sell user data. Rather, it enables users, clients, and developers to benefit from sharing and utilizing data on the platform.
Developers can build applications that take advantage of microservices, such as identity verification and authentication. Users are informed about each request for their data, and they are rewarded when they participate in data-sharing activities.
Our primary service for authentication with biometrics can be the basis of projects by third-party developers who will be able to integrate their own features and solutions into the iTrue platform

PARTICIPANTS:

Developers can build applications that take advantage of microservices, such as identity verification and authentication.
Users are informed about each request for their data, and they are rewarded when they participate in data-sharing activities.
Enterprises can build iTrue authentication right into their apps where it reduces time & costs which makes easier user identification and authentication.

The solution where iTrue is come up with the decentralized platform which reduces the risk of security breach and failure with the help of blockchain technology.
Instead of passwords they are using biometrics which is a faster and more secure system for authentication.

ADVANTAGES OF USING:

Full control of private personal information
Alert where your data is currently being used
Full compliance with privacy policies
Enterprises can integrate privacy control tools in their decentralized applications

TOKEN SALES:

General info:

Token name: iTrue (ITU)
Nominal price: 1 ITU = US$ 0,01
Total amount of released tokens: 8 billion ITU
All the unsold tokens: will be burnt by the smart contract
Token type: ERC20

Token distribution:

The ITU token brings together individual and business users into a single ecosystem with unlimited opportunities for scalability, under a decentralized platform for identification and data storage.

ICO details:

Advisors