NUGGETS - The Latest Payment World Revolution With Personal Data

in blockchain •  7 years ago 


Alastair Johnson as founder and CEO at NUGGETS spent over 25 years as an entrepreneur and innovator, almost entirely in digital.
With his in-depth technical, production and commercial knowledge, he has led the development of globally integrated products and product marketing for brands such as Microsoft, Skype, Office, Xbox, Hololens, Disney, TED and BBC. He has created and led a multi-disciplinary global team in both start-ups and multinational businesses, both client and agency side Nuggets projects.

About Nuggets
Nuggets are a consumer blockchain platform with the power to revolutionize payments, privacy, and security. This puts personal data back in control of the individual, enabling 'self-identity' on a mass scale. And this solves the biggest headache for business: data security.
Nuggets are inspired by the Founder's personal experience because the details of his payments are used cheat - and the complicated and frustrating process that takes place.

Nuggets solve this problem, using zero storage of knowledge, encryption, privacy, security and trust, all combined with a decentralized, unchanging Ledger. It creates a completely new platform, which supports blockchain to make simple ecommerce payments without having to sacrifice control over their personal data.

This is a consumer platform that everyone will use every day, to conduct a trusted transaction with one
simple, biometric verification The transaction goes beyond payment. Nuggets also enable secure login, ID verification and courier delivery - with many applications and other opportunities in the pipeline.

How Nuggets Work
Instead of submitting sensitive personal information to the company, to store a vulnerable database, Nuggets encrypts personal information in the storage of zero knowledge in blockchain. Zero knowledge storage is important for Nuggets. Users are the only people who can access encrypted data - so there is no 'backdoor' where third parties can access user information. Compare this to most modern storage systems, where there is usually root-level admin access, which can be compromised.

It gives each user a private data cloud that is not accessible to anyone - not even the Nuggets itself. And 'nugget' your data keeps the original value through Nuggets Tokens, which you can get for use with products and services. User Nuggets token is recorded in the in-product dashboard.
Nuggets Tokens offers valuable gifts to consumers, and a great commercial tool for merchants. Merchants can offer Nuggets Tokens as an incentive to buy products.

When users get free Nuggets Tokens for a variety of actions, they can effectively get a discount when paying a merchant using Token Nuggets. Using Token Nuggets is also a direct deal. This massively reduces merchant fees, which means they can offer discounts for customers who pay Nuggets Tokens.

What makes this Nuggets different from other platform identity platforms?

With Nuggets, you can forget about usernames, keywords, and payout interception details across dozens of different accounts.
Once you're ready in the app, you can use Nuggets to pay, sign in or verify your identity just by using your fingerprint (or other biometrics). And every time you do, you get a Tokens Nuggets, which you can use with any Nuggets partners.

Blockchain technology means you keep control of your information. Nuggets does not share or store your data with anyone, and no one can access it - even Nuggets themselves.
Simple and secure payment: Simply select the Nuggets option, confirm with your fingerprint (or other biometrics), and you're done. Without having to share your personal information. And if you pay with Tokens Nuggets, you also save money!

No more passwords: This is the same process for logging into your account. No username No password No 'what is the name of your mother's childhood cat?' And if you need to update your details, just do it once - in the Nuggets.
Reward at any time: From the moment you sign up, you get a Tokens Nuggets. Then you can use it to pay merchants on the platform. So you can use Nuggets Tokens obtained from an airline, for example, to help pay for shoes.

No other platform offers this. There are other identity apps. There are other payment apps. No one does both, combined with the highest security of the blockchain and token system that rewards you as you go.

How to get Token Nuggets
Buyers will be able to purchase Token Nuggets with BTC, ETH, and USD. This is open to non-US residents. Pre-sale has minimum purchase of $ 10,000 if buy with USD, no minimum for BTC / ETH purchase and not maximum buy.

35% Token Nuggets will be allocated to Sales Token. Token will be available with a 20% discount on presale. Public sales are scheduled to begin on May 1, 2018. In total, the Nuggets intend to raise $ 30 million worth of hard hats.

Token sales will run for 30 days from the Public Token Sale launch or until the maximum number of tokens has been sold, whichever is faster.

The proceeds from token sales will fund the development of advanced platforms, partnerships, launches and commercializations of the Nuggets.

TOKEN SALE FUNDING


Once the platform is launched, the ecosystem will focus primarily on creating a network effect amongst retailers and users, and on attracting more participants to the platform. To that end, Nuggets intends to sell 35% of all Nuggets Tokens
(NUG) during its pre-sale and public Nuggets Token sale to fund platform development, partnerships, platform launch and commercialization of Nuggets.
Nuggets intends to set aside 30% of all Nuggets Tokens as incentives, and for use in the ecosystem. Nuggets intends to keep 15% of Nuggets Tokens as long-term reserves with a o ne-year lock up, and 15% for Nuggets employees with a two-year lock up, and 50% vesting after one year.
Nuggets intends to reserve another 5% of the Nuggets Tokens for legal, regulatory, and miscellaneous costs leading up to the platform launch in each market.
Some early retail adopters may receive Nuggets Tokens, to pay some fees and to capitalise on the network effect as theecosystem grows. Nuggets will control such distribution to protect the economics of the ecosystem.
Nuggets will also release a proportion of Nuggets “Team Tokens” to existing employees and consultants and as and when new members join the team.
“Company Tokens” are long-term reserves with a one-year lock up. There is no intention of releasing these onto the market in one go. They will be released as and when required in a controlled manner that benefits the ecosystem as a whole.

A final 5% of the total Nuggets Tokens will be used to cover legal, regulatory and miscellaneous costs leading up to launch in each market. These will be sold as and when required to cover service provider exp

CONCLUSION
Nuggets will revolutionize the way online payment, authorization and verification of our identity. This will allow people to monitor their personal data and facilitate the use of the services they love.
Assuming the trust and peace of online transactions, Nuggets promised to do it faster and easier.
And to open millions of new transactions now is not done because of security problems, complex processes or false positives.
Nuggets will save billions of companies on fraud, positive errors and deceived costs, and also minimizes their regulatory impact, significantly reducing the current giant data bunker.
Nuggets are not just new products. This is a fundamental change in how online consumer transactions work all over the world. This is the future.

Official address of NUGGETS
Once we know how safe it is to make transactions through nuggets, we need to support this project by helping to achieve ICOnya, let's participate, so no silahka information error visits our address:

  • Technical documentation: https: //nuggets.life/images/Nuggets-White-Paper.pdf
  • Website: https: //nuggets.life
  • Twitter: https: //twitter.com/nuggetsPAYandID
  • Facebook: https: //www.facebook.com/nuggetsPAYandID
  • Telegram: https: //t.me/nuggetsblockchain

Author: Bartylegend
Profile: https://bitcointalk.org/index.php?action=profile;u=1762954
ETH: 0x7D028040b247d54fA1634CE6b959096b87EB4B4e

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