ITrue combines biometric identification and blockchain to develop dapps and increase the confidentiality of any transactions performed by users.
Itrue Limited has just shown that it is developing a wonderful platform for a groundbreaking approach in how businesses create decentralized applications. In addition, developers are confident that they will improve the confidentiality of data in accordance with the strict European GDP. The Itrue solution will be deployed as a lock service with an integrated biometric data authentication system.
The iTrue foundation is aimed at motivating and rewarding developers to come onboard the iTrue platform, thus helping in enhancing scalability in terms of expansion to new markets. Tokens of the iTrue Foundation given to developers will be put on hold by a smart-contract for a period of 6 months.
Platform: The decentralized platform will support user authentication for developers and businesses, creating new chain networks, and the ability to get rewards for users after an honest exchange of data.
- With iTrue, users have complete control over their confidential personal data, and biometric authentication enables secure and seamless access to digital assets and even physical facilities, like a car or house. Since iTrue gives notifications where users’ data is being used, enterprises are able to integrate such privacy controls into their applications, thus helping businesses comply with the European GDPR regulations.
- By implementing a blockchain approach, users and businesses are assured of a robust and scalable infrastructure wherein their records are secure and safe from data theft or misappropriation. Our solution is designed for high speed and capacity — overcoming the limitations of current blockchain tech.
- The platform itself does not sell user data. Rather, it enables users, clients, and developers to benefit from sharing and utilizing data on the platform.
- Developers can build applications that take advantage of microservices, such as identity verification and authentication. Users are informed about each request for their data, and they are rewarded when they participate in data-sharing activities.
- Our primary service for authentication with biometrics can be the basis of projects by third-party developers who will be able to integrate their own features and solutions into the iTrue platform.
Advantages offered by this ecosystem include:
- Full Control of private personal information
- Alerts about where your user data is currently being used
- All compliance with the privacy policy
- Businesses can integrate privacy controls in their decentralized applications
The main team of developers in Itrue created a comprehensive solution, which addresses the gaps in how these companies use their client data. By combining biometric, Blockovye and advanced database technologies, Itrue can improve user authentication and confidentiality. In addition, developers can create a wide range of decentralized applications directly inside this ecosystem.
About token:
- Token name: iTrue (ITU)
- Nominal price: 1 ITU = US$ 0,01
- Total amount of released tokens: 8 billion ITU
- All the unsold tokens: will be burnt by the smart contract
- Token type: ERC20
Soft Cap – $7.5M USD
Hard Cap – $40M USD
The ITrue platform has already agreed that its biometric authentication service is integrated into the broad commercial network of Trade Center Europa and will become a real test of this technology.
It is planned that Itrue will provide Europa with better security, increasing the privacy of users when they make deals in one of the most extensive entertainment and shopping centers in Russia.
- Country: Hong Kong
- Whitelist/KYC KYC & Whitelist
- Restricted area
USA, China
Roadmap:
Information:
Website: https://itrue.io
WhitePaper : https://itrue.io/files/iTrueWhitePaper.pdf
Ann: https://bitcointalk.org/index.php?topic=4721365
Twitter: https://twitter.com/Itrueio
Facebook: https://www.facebook.com/iTrue.io
Telegram: https://t.me/itrueio
Author: https://bitcointalk.org/index.php?action=profile;u=1294226
ETH: 0x42f1dFCf0325b835f76b3d2445c5B2a920b9459a