In this techno graded and advanced digital world, there is hardly any device that doesn't need your personal data, identity, password or other such vital information from its user. As everything has its pros and cons, this advanced technology also has both negative and positive side. On the brighter side where you don't need to carry physical data, as everything is either available online or as soft copy, the darker side is that if the security system gets hacked or breached anyone can collect those vital information and pretend to be you. With an industry of over $300 billion there is a fair chance that your identity might be misused by the corporate world or for that matter by any imposter for their benefit. The loss may be trivial to severe depending on the level of breach and may be identity theft to monetary theft.
To counter such hazard scientists have come up with a device that helps in protecting your personal data, the "LOOMIA Tile" which makes sure your information belongs to you at all times through the help of your clothes. It won't be an exaggerated thing to say that you can wear your identity anytime you want and be assured that its not going to be hacked or breached!!
ABOUT LOOMIA :
Originally started as a studio (The Crated) making prototypes for companies like PVH, North Face, Google, and Zac Posen. They analysed that there was a need for fabric-based, scalable, and usable products that brands and manufacturers could use, and hence started building IP libraries and supply chain partners. They now provide solutions for brands across the industry. The company creates innovation in smart products secured through blockchain technology. They connect consumers and companies in a mutually beneficial and seamless exchange. Visit https://www.loomia.co/token
Merging the digital arena with physical world:
The company advocated a revolutionary way for secure data exchange, "LOOMIA Tile" works wonders as a device through which you can buy or sell personal data to brand researchers and other personnel. It works in a three step device viz, The LOOMIA Electronic Layer (LEL), the LOOMIA Tile, and the LOOMIA Platform.
The LEL, a patented offering from LOOMIA is the soft hardware device weaved up in a jacket that retains all you data and information. It is powered to respond by sensing your gait,
behaviour etc.
Next comes the LOOMIA Tile, a hardware device that will act as the users "Key" in other words, access device to all the personal data.
LOOMIA Tile is the physical connection between the LEL and the next level which is the Tile Platform. A decentralized application that stores all the data collected by the user.
Salient features of the Project:-
- Soft flexible service.
- Loomia tile.
- Loomia data exchange.
- Loomia electric layer (LEL).
- Decentralised data storage
- Decentralised data app.
- Peer to peer service.
- Multifactor identity verification.
- Data encryption.
- Firmware installation.
- Blockchain security.
- Multiple users sharing same tile.
Advanced levels of security:
LOOMIA Tile understands projects and believes that handling personal data needs is very crucial and hence needs to be handled with utmost care. To assure ultimate security, LOOMIA Tile has a protection of three levels or tiers. The first one being a low grade security verification which recognizes the registered garments on the user. The second, a medium grade security level check for the presence of the users gait along with the usual bodily and environmental conditions. The last one, offering the highest security which registers your fingerprints. Needless to say with such advanced and personified security features the risk of losing personal data gets reduces considerably.
TOKEN SALES
Date of Sale: Dec 11, 2017- Jan 3, 2018
Target Cap: $ 30M
Number of tokens to be made 800-870,000,000 Loomia
Pre Sale of
BONUS TARIFF
Class A (min $ 1.00 mm Purchase Amount) = 30%
Class B (min $ 0.50 Purchase Amount) = 25%
Class C (min $ 0.30mm Purchase Amount) = 20%
Class D (min $ 0.15 mm Purchase Amount) = 15%
To order Token CLICK https://synthesis2017.splashthat.com/
** Words of Conclusion** …
On a broader aspect it seems like a win-win situation for both the personal data holder and the companies who need this data as they both are booking profits without any third party interference. It looks like a fantasy story coming true where garments platform like Loomia will make such a device which will not just collect basic personal data but also will be able to track vital statistics like heat, body temperature all related to the garments. The Loomia has bridged the gap by combining physical and digital world as one. Thus Loomia offers to make us bold and future ready as our future is going to be digital.
For more details visit:
Website : https://loomia.com/
Whitepaper: https://github.com/LOOMIA/loomia/blob/master/LOOMIA_whitepaper.pdf
Written By: Lanirm Knayam
Btalk Profile Url: https://bitcointalk.org/index.php?action=profile;u=1308391