TrigID – The Instant, Universal, and Reliable Digital Identity For Everyone
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, TrigID, the first and only Internet-based way to show that a real-world human is who they say they are has arrived.
Before I take you on this voyage, please check out this video presentation
Now that I have your attention, let’s get right to it.
What exactly is TrigID?
TrigID is the first and only Internet-based way to show that a real-world human is who they say they are. It enforces “one person, one identity” and you can verify that real-world identity with real-world identifiers like driver’s license numbers, SSN’s, addresses, phone numbers… All without giving anyone those identifiers.
What’s more, you can maintain a few passphrases in your head and use one or more of those to prove who you are to anyone, anywhere.
How is this possible? TrigID is a revolutionary, patent-pending “zero knowledge” validator of identity information inspired by geometric triangulation and its entire stucture is baked into public blockchain so it can’t be hacked or faked.
This is the piece of Internet infrastructure that the world has been waiting for.
The First Universal Digital Identity System To Solve Real-World Identity Problems
Real international troubles like finding your scientific document at the equal time as you’re mendacity on an emergency room taking walks table. Like facts that the man or woman you’re sending your coins to is who they’ll be saying they’re, and they actually do very very very personal that vehicle. Knowing that the man or woman you are becoming advice from over the net honestly is a genetic counsellor. Or that your election vote truly came from you.
TrigID is the number one and simplest Internet-primarily based absolutely totally way to show that a actual-global human is who they’re announcing they will be. It enforces “one person, one identification” and you may affirm that actual-global identification with real-international identifiers like the use of pressure’s license numbers, SSN’s, addresses, cellphone numbers… All besides giving all and sundry those identifiers.
What’s more, you may preserve a few passphrases in your head and use one or greater of these to reveal who you’re to every person, anywhere.
How is this feasible?
TrigID is a modern-day, patent-pending “zero facts” validator of identity information inspired with the beneficial useful useful resource of geometric triangulation and its whole stucture is baked into public blockchain so it cannot be hacked or faked.
This is the piece of Internet infrastructure that the arena has been searching ahead to.
Instant Know-Your-Customer (KYC) – With retained anonymity.
Anti-Money-Laundering (AML) – “One person, one identity” simplifies tracking.
Crime & Terrorism Prevention – With widely-distributed anonymous alert frameworks.
Patient and health-record identification – Fewer unnecessary deaths and less waste.
Data integration and record sharing – Enabling precision medicine and new machine-learned cures.
Safer Peer-to-Peer Commerce – Safe, simplified, person-to-person trading.
Identity for Everyone – Including the one billion people who are no-one and don’t count.
Financial Inclusion – For the two billion unbanked and three billion who live on less than $2.50 per day.
Fraud-proof electronic voting – Safe, speedy and fair voting — from home.
Safe National Identification – Findable, checkable identity with no Big Brother.
Decentralized Social Networks – Privacy and real self-expression without the need for Facebook or LinkedIn.
Universal Data De-identification – The only true breach and compliance protection.
Data Cleansing – Eliminate wrongful disclosure, waste and embarrassment.
How It Work?
TrigID uses a novel scheme, inspired by geometric triangulation. It takes common identifiers, encrypts them, then reduces their information content to 20 or fewer bits. This “mashing algorithm” makes what we call “Identity Vectors” that are really just arcs in a giant identity graph.
These arcs are no use by themselves. That’s why they can encoded into a public blockchain. One 20-bit Mash, for example, can represent more than 2000 possible tokens from identifiers of any type. That’s from the US alone, and it’s before third parties start adding things like medical record ID’s, tax file numbers.
THE ID TOKENS
ID tokens are a first-class TrigID crypto-infrastructure component. Each token can carry a set of “arcs” or “edges” – lines that connects facts in the Global TrigID blockchain database.
Think of these as the transactions in a database transaction log. When you transfer them, the ID transaction becomes part of the TrigID database. When someone wants to use the data, they parse the blockchain and assemble the TrigID graph the same way that a conventional database is assembled from a transaction log backup.
Sure, ID tokens carry value – but the value assigned to them provides economic incentive to build the global identity database. Holders who “spend” their tokens by putting arc data into them are rewarded with more ID tokens. This way the creation of the global identity graph can be crowdsourced.
May 14 – Community Consultation begins
June 1 – Pre-sale begins
August 1 – SandBox program begins
August 15 – Personal Apps released
August 22 – Mash Algorithm Beta release
September 3 – Token Generation Event
November 1 – Public database pre-load begins
March 1st 2019 – Aid funding applications open
March 8th 2019 – Earliest end to vesting
March 15th 2019 – Market Maker commences operation
2nd Quarter 2019 – 3 billion identities loaded
4th Quarter 2019 – Curator’s bounty pool exhausted
4th Quarter 2020 – Ecosystem steady state achieved
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
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Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.