Persona – the solution for identity management

Persona represents the solution for identity management, aligned with the latest data protection regulations. Its scope is to empower the individual and grant them the control over their personal data as well as the means to secure access to their private details.

The main goals of Persona are:

  1. To leverage on identity management services for the individual based on what the blockchain technology can offer;
  2. To protect individuals personal details. While it is obvious that individuals need to provide their details to various  entities(Facebook, Google or any website they visit), they have no control over it after sharing. Persona puts individuals back in the driver seat;
  3. To empower each person and to give them the power on what it shares and with whom when it comes about their identity and private details;
  4. To allow entrusted third parties which with private details to enrich their services by offering trust as a service;
  5. To prevent fake news, by providing a decentralized identity management system, Persona will provide the trust level they all need when they rely on news; based on the public Persona profile of any content creator, they can track down news to their source.
  6. To streamline onboarding process since an individual might be already checked by some entity enrolled in the system;

Security and Data Safeguarding

Given the fact that there are two components of the product, layered on top of each other, Persona is safe to use.When registering with a provider, the physical presence of the individual is a prerequisite in order to share their data with the company.
Persona is composed of three segments:

– The blockchain which holds the transaction data and IPFS for storage
– A web app and dashboard for the individual to use
– A mobile app which helps data management

The mobile application’s security is based upon:
– PIN-based login
– Optional fingerprint scan
The Web application’s security:
– 2FA Authentication
Once the user creates his identity, the data stored is secured by the cryptographic algorithms of the blockchain. There are numerous reasons why blockchain is more secure than a centralized application: lack of a single-point of failure, no-prone to human errors or data stealing, etc. By saving the user data on the blockchain and not in a centralized application/server, Persona offers the first CaaS (Customer-as-a-Service) solution on the market.

Token Design

The PRS token is an utility token that is used by the platform in order to issue verifications. For each verification PRS tokens are used. The tokens circulate in the environment and they will be forged through a DPoS system with 51 delegates, similar to Ark. When verifications take place and the initiator is a private partner, they will pay PRS tokens for the verification. The verification price will differ based on the complexity of the verification.

Features
– Single Identity Management stress-free
Persona harnesses the facility of blockchain technology for hassle-free identity management.It’s sort of a single sign-on for all the websites you’re already exploitation.And the supply for the long run internet application you’re not exploitation immediately.
– The community is here to support you
Your digital identity relies on cross-verification created by multiple entities.Search for Persona notaries close to you and find your identity check up to ninetieth.The rest of 100 percent relies on a KYC method performed with a company partner (a service supplier that you just area unit already registered with).
– Your personal details area unit yours, and yours solely
You are the actual owner of your information. Therefore, so as to possess access to a service or device,you need to expressly comply with share it.The party entrusted with this sort of information is meant to require all the mandatory actions so as shield|to guard|to shield|to safeguard} it and protect you.
– you’re within the center. Let’s build from there.
Persona is regarding you and your interaction with the skin world.You’ll be able to produce your own halo supported your information medical records,fitness progress or social media accounts.You’ll be able to offer access or revoke access to your details as you please since they’re yours.

The  main  goals  of  Persona  :
1.To leverage  on  identity management  services  for  the  individual based mostly  on  what  the  blockchain  technology will  offer
2.To  protect  individuals  personal details. While  it  is  obvious  that people  need  to give  their details  to  various  entities, they have  no  control  over  it  after sharing. Persona  puts people  back  in  the  driver seat
3.To empower  each  person  and to  give  them  the  power  on  what  it shares  and  with whom  when  it  comes regarding  their  identity  and  private  details
4.To allow  entrusted  third  parties that  with  private  details  to  enrich their  services  by  offering  trust  as  a service
5.To prevent  fake  news, by  providing  a decentralised  identity  management  system, Persona  will  provide  the  trust  level  we  all would like  when  we  rely  on  news  based  on  the public  Persona  profile  of  any  content  creator,we  can  track  down  news  to  their  source
6.To contour  onboarding method  since  an  individual  might be  already  checked  by  some entity  enrolled  in  the  system

The  PRS  token  is  a  utility  token, that  is  used  by  the  platform  in  order  to  issue verifications. For  each  verification  PRS  tokens  are  used.The  tokens  circulate  in  the atmosphere  and, if  needed  more  will  be  created  as  the  platform  becomes  more mature.
The ICO begins on 16 January and ends on 16 February 2018
The  seeded  number  of  tokens  will  be  100,000,000  PRS.
The  price  for  one  PRS  token is  $0.2.
The  total  allocation  for  the  100,000,000  PRS
– 70,000,000  PRS  allocated  for  the  TGE
– 15,000,000  PRS  allocated  for  the  team  composed  of  the  co-founders.The tokens  allocated  to  the  team  will  be  vested  over  a  three-year  period, split  into yearly payments  as  following:
– 100%  at  genesis
– 30 minutes  after  12  months
– 30 minutes  after  24  months
– 30 minutes  after  36  months
– 12,000,000  PRS  allocated  for  the  Persona  Startup  Fund
– 1,000,000  PRS  allocated  for  the  advisors.  The  tokens  allocated  for  the  advisors can  be  vested  over  a  period  of  6  months
– 2,000,000  PRS  allocated  to  the  bounty.
The  estimated  income  based  on  the  Token  Generation  Event  is  between  $9.3M  and $14M  (cryptocurrency  equivalent).The  raised  funds  will  be  used  for  a  period  of  at least  three  years, spread  into  the  following  categories:
– software system  development  (Blockchain  Development   IPFS  Implementation,SmartBridge  Development, Mobile  and  Web  development  and Maintenance)
– Legal  fees  (GDPR  compliance  analysis,  Company  Certificates,  legal  support,etc)
– Business  development  (take  part  in  top  blockchain  and  fintech  events  around the  world, establish  business  relations  with  companies  that  are  interested  in implementing  Persona).
– Audit  of  the  procedures  and  setting-up  a  legalized  notary  system.

WEB: https://persona.im/
WHITEPAPER: https://persona.im/documents/whitepaper-v1.pdf

My BitcoinTalk Profile:https://bitcointalk.org/index.php?action=profile;u=76195

0

Publication author

offline 2 years

Umairsaleem001

0
Comments: 0Publics: 26Registration: 12-02-2018
Authorization
*
*
Войти с помощью: 
Registration
*
*
*
Войти с помощью: 
Password generation