Nuggets - the great way to control your data based on blockchain

INTRODUCTION

In the era of new technology and development, everyone has their unique set of identifications and data associated with them. In the current market, all the details regarding identifications are very sensitive. Does your sensitive identification & details are gathering by companies? Have you ever thought of keeping them safe and secured? Everyday new technology is coming in the market with lots of features and innovation integrated with them which stores all your data and identification patterns. Each and every information of yours is shared with the company and they are watching them but yes they are storing them in an encrypted platform. So, everyone has a question in their mind about keeping their details safe and secure.

Keeping all this aside, have you ever thought that all the personal data and your payment details are abused and are at a risk. Our personal data are routinely used and abused by businesses. Even we are sharing our payment card details and identification information which could be misused further by any organization or a person. Everyone is facing problem in handling dozens of passwords associated with many sites, which are hard to remember and are quite difficult to be managed. Have you ever thought we need such a platform which doesn't need any password and we don't have to put our personal details in danger While dealing with online shopping we even share our all the details and put them on risks. Taking control of your personal data is everyone's desire. We need a platform where we can make seamless transactions and create ID without sharing any personal data and identification pattern.

Today, i will introduce with all about of you the solution to solve all problem, the new platform is designed to support confidentially keep your data - Nuggets, the techology help you never enter a username, password, or payment detail again. WONDERFUL!!!

NUGGETS'S DETAILS

For supporting customers in keeping all their data safe and secure 'NUGGETS' came in the market with new upliftment and innovation in technology. This platform uses the biometric details of the individual with no more use of username and password. 'NUGGETS' offers helps in erasing all the problems associated with privacy and security of important details associated with us.

Nuggets is a commercial blockchain platform for payments and transactions. Personal data of users are not stored in the blockchain and no one can access them - even the company. Nuggets positions itself as a revolutionary platform and seeks to transform the blockchain technology.

Nuggets offer the solution to their user in a new and advantageous manner. They allow their user to take full control of their data. It even allows the transaction with full security and without revealing their personal details.

Nuggets enable secure login of their customers using their biometric verification. It has given an entirely new blockchain based platform for making all the e-commerce payments without sharing the important individual details. It has all the features which are the need of the developing market. It solves all the problems of the market using zero storage knowledge, encryption, security, trust, and privacy with a decentralized blockchain-enabled platform.

Nuggets offer benefits to customers as well as businesses. Both the sectors get highly-secured protection enabled platform for their daily use.

The platform technology is divided into three main parts:

• biometrics: confirmation of the user's identity (without data storage);
• data encryption: preserves the data privacy;
• blockchain: stores encrypted data.

When the platform is launched, the Nuggets ecosystem will focus primarily on creating a network effect of interaction between users and retailers, as well as attracting new participants to the infrastructure. 30% of platform tokens will be reserved for use in the system.

The platform transparently registers all successful transactions for retailers, hiding only the ID of the buyers and details of the transaction. In course of time, retailers create a trust profile, performing transactions and using reliable payment methods.

For customers, the platform acts as a reliable tool for entering various online services that do not track and do not sell data about transactions. Users do not have to manually enter data each time, such as home address or payment card data. Nuggets will be available for other online services and payment gateways.

The launch of the platform is planned for the first quarter of 2018.

BENEFIT OF NUGGETS

Benefits for customers

• Biometric access to your account
• No need of creating any password
• Get rewarded for your referral and loyalty
• Payments can proceed with cryptocurrency and existing payment methods
• Full control on your identification details
• Security and privacy guaranteed
• Feature of single sign-on
• Get updated of services at one go

Benefits for businesses

• More transactions with more trust & security
• Minimization in the regulatory exposure
• Reduce chances of fraud
• Reduces the false positive
• Offer nugget tokens as incentives while dealing with customers.
• Gives chance to customize the experience using anonymous behavioral data

ICO CONTRIBUTION SPECIFICS

NUG - smart tokens of the ERC-20 standard on the basis of Ethereum, intended for exchange between buyers and sellers.

Buyers will be able to use tokens to pay for products in online store and services. Users will receive tokens for installing and using the application: registration, invitations to other users, authorization, transactions and verification. Also, users will receive a reward if they share some personal data with retailers.

For the ICO of nuggets, the total tokens that are to be created are 10 billion at the time of launch. However, it is decided to sell 3.5 million at the Pre-sale and public sale. All the funds and services in the platform will be taken care by NUGtoken. Buyers will be able to purchase nugget token using ETH, USD, and BTC.

Per price unit

USD $ 0.0069 per NUG token in the pre-sale

USD $ 0.0086 per NUG token in the public sale

Pre-sale commenced on 24th October 2017 and public sale will be commencing on Q1 2018.

With this attractive features involved in NUG token, there will be a surely great market for it.

SUMMARY

In the future, with the development of blockchain and methods of protecting user data, such tools can be integrated into large online services and online stores, so this project is an advantageous direction of investment. The concept of Nuggets will revolutionize the market involved with E-commerce. It will give people control over their personal data and will enable a platform which will use their biometric identification pattern for access. The innovative technology involved with this platform will give it a long way scope. By bringing trust in customers and companies it will spread its popularity worldwide.

Details of the project, reach in some channel below:

Telegram: https://t.me/nuggetsblockchain
Reddit: https://www.reddit.com/r/nuggetsPayandID/
Email: [email protected]
Twitter: https://twitter.com/nuggetsPAYandID
Facebook: https://www.facebook.com/nuggetsPAYandID
Medium: https://medium.nuggets.life/

Author: Jamboo30

Author Bicointalk URL: https://bitcointalk.org/index.php?action=profile;u=1320431