Diro [ICO]
What is Diro?
Decentralized identity & access platform powered by crowdsourcing of contact directories The current system of managing original d ocuments is broken. Its not only difficult to maintain custody of the original documents, but also remains susceptible to theft, tampering, loss and requires expensive and cumbersome replacement workflows. It is further difficult to supply original documents physically and preventing fraud. Blockchain can be used to capture original information directly from a website as evidence of authenticity, thereby foregoing the need for having original physical documents.
Cryptographic KYC is a method to capture a webpage along with the SSL certificate as a cryptographically secured & authenticated document. Further it is digitally signed as it is captured along with a timestamp with a hash kept on the blockchain. The cryptographically secure print is authenticated by the user while the document is produced along with the SSL certificate of the originator
Smartphones offer a unique opportunity in validating identities using live social interactions. These live human voice and video interaction give us a passive way to eliminate synthetic identities and defend against Sybil attacks. An identity trust score can be easily built for privilege access using such human validations that are more secure than any biometric systems. When users have a live conversation with other members in their social groups and across different groups it generates proof-of-real person owning the device and thus acts as a real bridge between physical and digital identities.
Authentication levels
- User identified with a one-time password
- User authenticated with social fingerprint using directories
- User previously confirmed by having live conversations
- User transaction confirmed by subsequent live conversations
A digital identity may be validated by a browser that is enabled to capture the SSL certificate along with the web page displayed and with the time stamp as a hash on the blockchain. These claims can prove ownership to a bank account or a utility service with cryptographic validation through the SSL certificate captured. This can eliminate the need for citing original documents and linking it to the Identity owner by needing to see him in person. Further this is more credible as the original documents can be tampered while the web capture can be cryptographically trusted. Allowing such remote KYCs once and adding it as a verified claim could make the whole KYC process frictionless, safer, faster. It would instantly authenticate the original documents, making it possible to automate every aspect of KYC/CDD/EDD.
Project Team:
World's greatest think tank collaborates to solve Global Identity Problem.
Token Details:
PUBLIC SALE 4 JUL 2018 - 15 AUG 2018
TICKER DIRO
PLATFORM ETHEREUM
ACCEPTING BTC, ETH, USD
SOFT CAP 4,000,000 USD
HARD CAP 50,000,000 USD
TOTAL TOKENS 3,000,000,000
AVAILABLE FOR SALE 41%
KYC REQUIRED YES
Verdict:
DIRO proposes a unique way of eliminating identity and document fraud. Using its innovative browser plugin a user can capture any webpage along with its SSL certificates to make them tamper resistant and immutable. It can be a driving license, profile page or a utility bill showing the users name, address or date of birth etc. Once the document is captured it does not need to be verified again. The magic is that it works across the web, countries or languages, with no retooling required.
Important links:-
Website: https://www.diro.io
Whitepaper: https://docs.wixstatic.com/ugd/fae167_cc80089d57af4b34af98f17da5610438.pdf
Telegram Group: https://t.me/diro
Twitter: https://twitter.com/DiroLabs
Facebook: https://www.facebook.com/DiroBlockchain/?ref=page_internal
Bounty: https://bitcointalk.org/index.php?topic=3266517
ETH: 0xCc538c6335203Cd2e771F27d12F4c90695366407
BTT: https://bitcointalk.org/index.php?action=profile;u=1495664
