ITU Token Distribution and Economy & Usable CasessteemCreated with Sketch.

in #ico6 years ago

22% tokens will be distributed to ITRUE Foundation, 10% among the team members, 7% between the advisors and 1% to the bounty and remaining 60% for sale. The ITU tokens issued to the team will be put on hold by a smart-contract for one year. Tokens released to advisors are trenched by 25% can become instantly utilized upon concern, calendar year even though the rest can end up being placed on keeping by smart-contract for a period of 1. The ITRUE Base is usually focused on encouraging and satisfying developers to arrive onboard the ITRUE system, hence assisting in improving scalability with regards to growth to brand-new marketplaces. Tokens of the ITRUE Base provided to developers will end up being placed on keeping by a smart-contract for a period of 6 a few months.

ITU Token Overall economy:

The ITU token delivers together individual and marketable users into a lone bionetwork with boundless opportunities to advance under decentralized dais for documentation and data storing. The system itself will not sell consumer data.

Instead, it allows users, customers, and developers to advantage from utilizing and sharing data on the system.
The Function of iTure’ Token Overall economy:
Customer:
Companions that need to acquire data
Informs the consumer of this objective and looks for the consumer's actions or acceptance
Makes sense with paper money or tokens via their respective apps.
Advantage: Customers can gain access to relevant consumer data required to operate their business or carry out authentication.
Service provider:
Companions or businesses that historically accumulate consumer data (aging cellular support companies, banks, insurance, e-commerce, event, and services businesses)
External companies put data into the decentralized system, which are linked with users’ biometrics

System payments the service provider either a fixed quantity for data insert or a percentage of income from the use of data in developers’ apps

A service provider might be a customer, wherein it can exchange data already on its record with data within the system

Advantage: Businesses that already possess client data may earn tokens by sharing the data with the system (be aware that users are notified and requested to approve sharing of their data before it is pooled into the program).
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Creator:

A developer can be one which builds microservices on the platform leveraging the ITRUE documentation and verification microservice or numerous other microservices

A builder may end up being one who schemes applications which are unswervingly besieged in end operators (May either end up being multiple other customers or personal users).

Advantage: Developers may also be customers or companies who all make use of data from the ITRUE system or contribute their consumer data into ITRUE .

Consumer:

Offers total gain entree to all facts appropriate to himself, counting previous actions, revenue, costs, contacts to the connections and financial records. Users also gain informed whenever a service provider inserts data about him into the ITRUE system

May manage to gain access to his very own data, y.g.. and disallowing or permitting customer gain access to his details

Advantage: Users obtain benefits for allowing gain access to their data on the ITRUE system -- in the kind of tokens and solutions from Customers, Developers, and various other individuals in the Token Economy

iTure Token for Business and Banks:

A loan company pays with tokens to get brand-new targeted customers connections from ITRUE system for its fresh home loan offer. A trade middle will pay with tokens for the membership to the Biometric identification assistance of iTrue system to make less complicated and quicker monitoring and managed gain access to methods of a trade middle. A trade middle will pay with tokens to obtain new targeted guests connections from ITRUE system for its brand-new starting building middle event.

An event setting up agency pays with tokens to get brand-new targeted visitors associates from ITRUE system for its brand-new blockchain conference. Furthermore, an event preparing company will pay with tokens for membership to Biometric acknowledgment program of iTrue system to possess breathtaking encounter with hands-free verification of each visitor.

Guests and customers have got to offer their permission to talk about personal data with a loan company, a trade middle, an event preparation company or any other Business users of iTrue system. A healthcare middle will pay with tokens for Privacy control assistance of iTrue system to provide their individuals' safety and self-confidence that just an individual can obtain gain access to personal background disease.
A software program advancement organization or person builder payout with tokens for the use of microservices and Stone storage space services of ITRUE system to build dApp with the choice to browse\write data and authenticate its users by encounter extremely fast. A software program advancement firm or person builder receive tokens making an exclusive or fine-tuned dApp from ITRUE platform’s microservices for a standard bank or a trade middle or an event set up the organization under their business requirements.

ICO NAMEITRUE
Websitehttps://itrue.io/
Twitterhttps://twitter.com/Itrueio
WhitePaperhttps://itrue.io/files/iTrueWhitePaper.pdf
Telegramhttps://t.me/itrueio
Linkedinhttps://www.linkedin.com/company/itrue/
Bitcointalk IDcryptoroi
Bitcointalk profile linkhttps://bitcointalk.org/index.php?action=profile;u=1483824
ETH wallet address0x41F7a5E216384FF15C259a0beA5c1EfB80c137e4

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