iTrues
Problem area on iTrues target
With the growth of start-up companies offering online financial products and innovative digital services, there seems to be an increasing demand for secure and efficient authentication systems. However, biometric technologies themselves do not provide a secure authentication claim. User data may be easily seized or misused due to improper use. Users may be concerned about how they use company data for this reason. Because print-outs and online services may collect, use or sell personal information for their own gain.
In fact, 49% of US practitioners are concerned about seizing biometric data, while 35% are worried about the Bank's access to this information. On the other hand, "face recognition" operations in Russia and neighboring countries are legal under surveillance, but the security of the system is also seen as a threat of high confidentiality, especially at risk. In Shanghai and Beijing, facial recognition is not only used by government security and surveillance, but also by private companies. Example: Fintech provider ANT Financial also uses biometric scanning in public areas such as the subway.
Solution "iTrue"
The combination of blockchain and biometric technologies will allow companies to develop biometric authentication and ultimately create and market their own applications in the iTrue platform and ecosystem. Reducing transaction disputes through biometric authentication will help to improve the user experience while increasing platform security.
With iTrue, users have complete control over their sensitive personal information and biometric authentication provides secure, uninterrupted access to digital content and even to physical devices such as a car or home. With the Blockchain infrastructure, users and businesses can be confident that their data is on a secure infrastructure to protect against data theft or misuse.
iTrue Token Ekosistemi
iTrue's service-based platform enables applications to integrate authentication independent of passwords, gadgets and plastic cards. The platform will sell user data. More users, customers and developers share and use the data on the platform.
Developers can build applications that use micro-services like authentication. Users are informed of any request for their data and receive iTrue tokens when participating in data sharing activities.
By combining biometric identification and blocks, iTrue increases the confidentiality of all processes that users create. iTrue Limited will develop an exceptional platform for an innovative approach on how companies create decentralized practices. The iTrue solution is implemented as a revocation service with the integrated biometric data verification system. The distributed platform supports developer and enterprise user authentication, the creation of new chain networks, and the ability to reward users for honest data exchange.
Jack Cheng, CEO of iTrue, said the number of new businesses offering online enhanced services, such as digital financial products, has grown rapidly due to reliable systems and efficient authentication requests. ITrue's core development team has developed a comprehensive solution that addresses the gaps in how these companies use their customers' data. ITrue will enhance user authentication and privacy by combining biometric, block and sophisticated database technologies. In addition, developers will be able to directly create distributed applications in a variety of ecosystems.
ITrue's technical expert, Anton Goroshankin, has stated that modern block products have found a way to solve strategy problems, combine database and block chain. As a result, iTrue is a stable and scalable infrastructure that protects user data from misuse or data theft. Other important benefits of this ecosystem are:
- Provide full control over private personal information
- User data tracking
- Ensuring compliance with the privacy policy
- Non-centralized application health assessment of enterprise privacy settings.
The main purpose of the project is; Create a global ecosystem that enables businesses, developers, users and customers to leverage data sharing in a decentralized application market. With this platform, users can share data with other users, businesses, and data providers who need it. Each participant receives an ITU token award.
To ensure that every user has control over their own private data, iTrue will tell platform members how their data is used and how it can be earned. In addition, the platform complies with the privacy rules, and the user is informed of any data request so that he can approve the request.
The iTrue system will help developers develop solutions based on critical privacy, security and security factors. Thanks to its innovative identification features, users at Kryptogeld do not have to worry about security. Not only do developers create a decentralized solution that eliminates the need for fraudulent programs, they also ensure that your transactions run quickly, efficiently, and securely.
ICO and token information:
The token used in the project is the iTrue token based on the ERC-20 standard. Token's ticker will be ITU. The total number of tokens is 8 billion. 60% of them are reserved for token sales. The price is 1 ITU = 0.01 USD.
Project in soft cap target; 7.5 million US dollars; Hard-cap goal is $ 40 million.
General rating:
The iTrue platform has already recognized that the biometric authentication service has been integrated into the European Trade Center's extensive trading network and is becoming a true test of this technology. ITrue is expected to provide greater security for Europe in one of Russia's largest entertainment and shopping centers and to increase user privacy.
For more information, see the following links:
Website: https://itrue.io/
White Paper: https://itrue.io/files/itruewhitepaper.pdf
Telegram: https://t.me/itrueio
Twitter: https: // twitter.com/itrueio
Facebook: https://www.facebook.com/itrue.io/
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