Traceto.io — Pre-alpha version is Live

 

Traceto.io is a subsidiary of Singapore-based Cynopsis Solutions Pte Ltd, who are specialists in regulatory compliance for AML, CTF and other KYC-related procedures. Cynopsis have already provided KYC/AML/CTF services to over 200 crypto/ICO/blockchain clients.

traceto.io will leverage the five decades of knowledge and skills, along with the processes and procedures already used at Cynopsis, as they create an inclusive KYC solution on the blockchain, by fusing Artificial Intelligence (AI) with Smart Contract technologies.

The ecosystem being built by traceto.io will be decentralised, privacy preserving, and self-sustaining. Bringing the KYC process onto the blockchain, and standardising it, will negate many of the inefficiencies of the current manual and analog processes. The traceto token (T2T) will be an ERC20 Utility Token and will address a myriad of problems that currently exist in traditional KYC systems:

When the basic traceto.io KYC system is implemented, it will comprise the following participant entities:

User: any individual who is the subject of a KYC process. (A in the image below)
Corporate Requester: the entity requiring KYC services. (B)
Verifier: a trusted User who stakes T2T Tokens and performs KYC-related tasks to earn more tokens

Pre-alpha version

User Dapp Flow

There are different schemes to gain access to different tiers of data. For example, KYC result documents can be accessed by the exchange itself if required, with just one of the verifiers giving consent. However, if the exchange wants to gain access to the PII’s of the user, they will have to go through the consensus mechanism as described in our white paper.

A small video of the user Dapp is as follows:

The Corporate Requestor Dapp has the following interface:

Corporate Requestor Dapp

Tokenomics

Token symbol: T2T
Token type: ERC20 Ethereum-based
Total supply: 1,000,000,000
Available for Sale: 400,000,000
Token Price: 0.0000875 ETH = 1 T2T
Token Fractions: 18 decimal places
Accepted Payment Methods: Ethereum
Total Token Sale: 35,000 ETH
Private Sale: in Progress.
Early Access Sale: commences 21 May 2018.
Public Sale: commences 8 June 2018.

Relevant Links

Website: https://traceto.io

Telegram: https://t.me/tracetoio

ANN: https://bitcointalk.org/index.php?topic=2911588.msg29949476#msg29949476

Bounty: https://bitcointalk.org/index.php?topic=3439768.msg35858902#msg35858902

Twitter: https://twitter.com/tracetoio

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dreyk

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