Biometrids is a platform that promises to solve identity problems using blockchain technology.
The Biometrids platform allows people to identify themselves to others using the face recognition built into their phones. By using an immutable distributed ledger, every person in the chain will be unique. One face means one ID, and every ID is unique. If you are recorded in the chain once, you will never be able to manipulate that ID again or copy the ID. This will prevent identity theft and scams, and will also ensure users are who they say they are.
By using the API that is connected to Biometrids platform, any service can adopt our identification protocols on your system, and force people to use your Biometrids ID to increase the security of knowing that their customers trade with Native People.
Biometrids provide the best solution to the problem of identity verification. We aim to create a password, name, social security numbers were stolen, and many more, a thing of the past. By utilizing facial recognition capabilities, every individual smartphone device will be identified in the face at blockchain.
Biometrids uses machine learning for facial recognition. That machine learning ensures that even if your face changes over time, the contours of your face will not change significantly, and Biometrids will always be able to recognize you.
Let’s say a company or user needs to identify you. That individual or company can send a request for your Biometrids wallet. A request will pop up on the screen, and you can simply scan your face. This validates your identity to that company or user.
Your face recognition — through your phone — is matched with the Biometrids blockchain ID linked to that face. If everything matches, then your ID is verified and you’re good to go.
Biometrids plans to release an API that will make it easy to link their platform with other platforms. That API will be catered towards wallets, banks, companies, real estate partners, and more. A wallet app might request a scan of your face to confirm a purchase, for example.
Here’s the basic process that will be used when processing facial ID with Biometrids:
Face detection. This includes 3D face model creation.
Face pre-processing, segmentation, and splitting.
Data transactions to smart contracts. The nodes in the Biometrids network determine which piece or feature of the face should be sent to a smart contract. Some of the smart contracts are classifiers, while others will have machine learning modules.
Data processing. During this phase, all processed data is collected from smart contracts.
Name of the token will be IDS. There will be a total of 100,000,000 IDS.
5% will be sold in pre-ICO.
5% will be for bounties and advisors.
70% will be sold doing the crowdsale.
10% will be for team.
10% will be for foundation.
The pre-ICO starts on November 25th, it ends on December 1st.
Pre-Ico and crowdsale will run until end date, or until all coins are sold. The 10% for team and the 10% for foundation will be locked up for three years. Every unsold coin during the ICO will be locked for five years. After five years, they will be sold back to early investors in a private fundraising campaign. They will not be sold on exchanges.
The ICO will run for four weeks (from 19th of february to the
19th of March).
A total of 70.000.000 coins will be set for sale at the following prices:
• Week 19th-25th: 3000 IDS/1eth
• Week 26th – 4th: 2600 IDS/1eth
• Week 5th-11th: 2200 IDS/1eth
• Week 12-19th: 2000 IDS/1eth
Soft cap 3500 ETH.
Hard cap 23000 ETH.
Pre-ico: 4000 IDS/1 eth
Behind this great project are talented and innovative team members;
Be a part of this tremendous project and follow these links for more information;