iTrue ICO Project - Blockchain-based biometric solution for authentication
iTrue is a blockchain as a service solution with authentication that is integrated with biometrics as the main MICROSERVICE, enabling companies and developers to make safe, measurable and extensible. The Token ITre ecosystem rewards users for sharing data and companies to participate in the data and application market. Our innovative stone storage solutions ensure high speed and capacity without compromising security and privacy.
Problem Area on iTrue Target
Given the increase in new companies offering online financial products and innovative digital services, there seems to be an increasing demand for safe and efficient authentication systems. However, biometric technology does not provide secure authentication on their own.
User data can be easily confiscated or misused due to inappropriate use. Users may worry about how they use data from business for this reason; because prints and online services can collect, use or sell personal data for their own benefit.
In fact, 49% of those operating in the US are concerned about confiscating biometric data, while 35% are uncomfortable about bank access to this information.
More than half of e-commerce abandonment baskets are due to forgotten passwords (49%) or forgotten debit / credit card details (59%), highlighting the need to improve authentication actions.
On the other hand, "face recognition" operations are legal in Russia and in neighboring countries within the scope of surveillance activities, but system security is also considered a threat of great secrecy, especially in danger. In Shanghai and Beijing in China, face recognition is not only used by state security and supervision, but also by private companies. Example: Fintech ANT Financial providers use biometric scanning even in public areas such as subways.
ITRUE solution
The combination of blockchain and biometric technology will enable companies to improve authentication through biometrics and, ultimately, to create and market their own applications on the iTrue platform and ecosystem. Reducing transactional friction through biometric authentication helps improve user experience and improve platform security at the same time.
With iTrue, users have complete control over their confidential personal data and biometric authentication provides safe and unlimited access to digital resources and even physical facilities, such as cars or homes. Because iTrue provides notifications when user data is used, companies can integrate this privacy control into their applications, helping businesses comply with GDPR European regulations.
By applying the blockchain approach, users and businesses benefit from a robust and measurable infrastructure where their records are protected against theft and misuse of data. Our solutions are designed to overcome the limitations of today's high-speed and high-capacity blockchain technology.
ITRue Token Ecosystem
- The iTrue blockchain, as a service platform, allows applications to integrate passcodes, gadgets, and independent authentication of plastic cards along microservices as building blocks. But this is only part of iTrue.
- This token brings together individual and business users in one ecosystem, with unlimited scalability, under a decentralized platform for data identification and storage.
- The platform itself does not sell user data. Instead, this allows users, customers, and developers to benefit from sharing and using data on the platform.
- Developers can create applications that use microservices, such as identity and authentication verification. Users are notified of each data request and are rewarded for participating in data sharing activities.
- Our core biometric authentication services can become the foundation of third-party developer projects that can integrate their own capabilities and solutions into the iTrue platform.
Tokens for sale
The chip economy provides a fair and legal framework for data exchange and storage, where users, developers, and businesses are considered to play a role in the ecosystem.
Proof information
Token Name: iTrue (ITU)
Nominal price: 1 = US $ 0.01
The total number of chips released: 8 billion ITU
All unpaid signs: will be burned by a smart contract
Token Type: ERC20
Distribution token
60% sold
22% of iTrue Foundation
10% of the team
7% of advisors
1% of premium
Roadmap
You can see information about iTrue and click the link below:
Website: https://itrue.io/
WhitePaper: https://itrue.io/files/iTrueWhitePaper.pdf
Telegram: https://t.me/itrueio
Twitter: https://twitter.com/Itrueio
Facebook: https://www.facebook.com/iTrue.io/
Ann: https://bitcointalk.org/index.php?topic=4721365
Bitcointalk username: deniyoga
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1978689
Problem Area on iTrue Target
Given the increase in new companies offering online financial products and innovative digital services, there seems to be an increasing demand for safe and efficient authentication systems. However, biometric technology does not provide secure authentication on their own.
User data can be easily confiscated or misused due to inappropriate use. Users may worry about how they use data from business for this reason; because prints and online services can collect, use or sell personal data for their own benefit.
In fact, 49% of those operating in the US are concerned about confiscating biometric data, while 35% are uncomfortable about bank access to this information.
More than half of e-commerce abandonment baskets are due to forgotten passwords (49%) or forgotten debit / credit card details (59%), highlighting the need to improve authentication actions.
On the other hand, "face recognition" operations are legal in Russia and in neighboring countries within the scope of surveillance activities, but system security is also considered a threat of great secrecy, especially in danger. In Shanghai and Beijing in China, face recognition is not only used by state security and supervision, but also by private companies. Example: Fintech ANT Financial providers use biometric scanning even in public areas such as subways.
ITRUE solution
The combination of blockchain and biometric technology will enable companies to improve authentication through biometrics and, ultimately, to create and market their own applications on the iTrue platform and ecosystem. Reducing transactional friction through biometric authentication helps improve user experience and improve platform security at the same time.
With iTrue, users have complete control over their confidential personal data and biometric authentication provides safe and unlimited access to digital resources and even physical facilities, such as cars or homes. Because iTrue provides notifications when user data is used, companies can integrate this privacy control into their applications, helping businesses comply with GDPR European regulations.
By applying the blockchain approach, users and businesses benefit from a robust and measurable infrastructure where their records are protected against theft and misuse of data. Our solutions are designed to overcome the limitations of today's high-speed and high-capacity blockchain technology.
ITRue Token Ecosystem
- The iTrue blockchain, as a service platform, allows applications to integrate passcodes, gadgets, and independent authentication of plastic cards along microservices as building blocks. But this is only part of iTrue.
- This token brings together individual and business users in one ecosystem, with unlimited scalability, under a decentralized platform for data identification and storage.
- The platform itself does not sell user data. Instead, this allows users, customers, and developers to benefit from sharing and using data on the platform.
- Developers can create applications that use microservices, such as identity and authentication verification. Users are notified of each data request and are rewarded for participating in data sharing activities.
- Our core biometric authentication services can become the foundation of third-party developer projects that can integrate their own capabilities and solutions into the iTrue platform.
Tokens for sale
The chip economy provides a fair and legal framework for data exchange and storage, where users, developers, and businesses are considered to play a role in the ecosystem.
Proof information
Token Name: iTrue (ITU)
Nominal price: 1 = US $ 0.01
The total number of chips released: 8 billion ITU
All unpaid signs: will be burned by a smart contract
Token Type: ERC20
Distribution token
60% sold
22% of iTrue Foundation
10% of the team
7% of advisors
1% of premium
Roadmap
You can see information about iTrue and click the link below:
Website: https://itrue.io/
WhitePaper: https://itrue.io/files/iTrueWhitePaper.pdf
Telegram: https://t.me/itrueio
Twitter: https://twitter.com/Itrueio
Facebook: https://www.facebook.com/iTrue.io/
Ann: https://bitcointalk.org/index.php?topic=4721365
Bitcointalk username: deniyoga
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1978689
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