iTrue – Instant Access to Controlled Gains With Device-free iTrue Technologies
- Security violations: theft of passwords, cards and cell phones.
- Violation of user privacy: personal data is traded or sold for profit.
- The company spends 2/3 of the IT budget on developing secure authentication system.
- More than 35 billion plastic cards are produced in 2017 at a cost of more than 20B USD/year. In addition, plastic cards are not safe for the environment.
iTrue ensures fast and decentralized storage via blockchain and databases with Stone Storage solutions. Users have complete control and ownership of their data, and this cannot be accessed by or given to third parties without information and approval from their owners.
The Blockchain-based authentication platform secures and stores personal and confidential user data without the need for any device. Users do not need to fear losing data or remembering and entering PINs and passwords because data stored on blockchain is decentralized and authenticated via biometrics.
Currently, hand vein and iris scanners are the most appropriate and safe biometric authentication. Fingerprint authentication and face scanning can be used to verify someone’s identity when performing uncritical operations.
Blockchain + Biometrics
Blockchain is not enough to ensure maximum user security. Therefore, iTrue collaborated with computer vision specialists, who are experienced in developing iris and hand vein authentication systems for access to large-scale enterprise systems, to enable high-speed access to personal information through biometrics. This is intended for commercial and non-commercial organizations, with or without geographical references.
- Biometric Identification
Biometric verification allows a person to be uniquely identified such as palm veins, iris patterns, fingerprints, facial recognition, etc. Data stored through biometrics is unique to each user and can only be accessed by the individual itself. This provides additional convenience to users because user don’t need to remember and enter passwords every time they access the platform.
- dApps Development
Decentralized applications or dApps are applications that run on P2P computer networks. Unlike other platforms, iTrue not only provides smart contracts but also microservices that adds different functionality to dApps.
- Privacy Control
Individuals can give or deny access to their personal and sensitive data to third parties.
- Device Free Operation
Users don’t have to worry about losing their personal and sensitive information because data is stored on a blockchain that cannot be changed and does not depend on any device, such as a cellphone, to gain access. Users can verify themselves with handsfree.
- Data Monetization
Users can make money by sharing their data.
- GDPR Compliance
GDPR is intended to provide control to citizens and residents of their personal data and to simplify the regulatory environment for international business by integrating regulations within the European Union. This feature shows whether or not an industry is compatible with GDPR.
Token Symbol: ITU
1 ITU = 0.01 USD
Total tokens: 8 billion
Token Type: ERC-20
Minimum payment: 100 USD
Soft Cap: 7.5 million USD
Hard Cap: 40 million USD
Private sale will end soon. Public pre-sale will begin on September 3. For more information, visit the iTrue website and download the whitepaper.
BCT Name Author: nagauruk
Author’s BCT Link: https://bitcointalk.org/index.php?action=profile;u=2256570
ETH address: 0xFEeea46C35D1305cfcD6d73b7688896BB952a97b