LOOMIA proposes a convention for multi-factor character confirmation that scaffolds the physical world and the advanced world to demonstrate that the physical you is the computerized you. We do this by utilizing individual information gathered from your articles of clothing, synchronized to an online profile and confirmed with a unique mark. To put it plainly, we guarantee that you will be you by gathering individual information from what you wear.
The LOOMIA convention guarantees that your own information keeps on having a place with you. Rather than organizations benefitting off of your personality, you can possess and pitch your information to brands, scientists, and different associations who are occupied with adapting more about how you utilize their items and frameworks, in this way making a shut criticism circle with no go between and enabling you to benefit from being you.
It works in conjunction with the LOOMIA Electronic Layer (LEL), a delicate adaptable circuit inserted into materials with the capacity to detect changes in its condition, for example, warmth and touch.
In addition, the LOOMIA TILE’s unique ability to associate an individual’s physical identity to their digital identity presents an interesting starting point for a wide range of third party integrations.
It makes it possible to build applications using LOOMIA technology to verify identity and facilitate secure payments passively and seamlessly, with no manual interaction or interface.
The LOOMIA TILE mates to a LOOMIA Dock in order to recharge its battery, recharge its associated LEL’s batteries, and connect to a computer with the Tile Platform app. When the LOOMIA TILE recognizes the user’s fingerprint inside of the LOOMIA Dock, they will be signed into the Tile Platform app, where they can choose whether to transfer data between
their TILE and their account, sell data, or simply charge their batteries without any other action.
All data is visualized in the Tile Platform’s interface, where the user can view it before deciding which data to decrypt and sell. Data will only become available to interested parties once the user decides to sell it; the user will always
retain the right to choose what data they will sell, as well as when they will sell it, and to whom. For example, a user might choose to sell their bio-metric data for health and fitness rewards while keeping their location data confidential. Buyers can incentivize users to sell the kind of data they find most useful by providing different kinds of rewards, and users can incentivize brands to align with their lifestyle by selling their data for the rewards they value most.
The Tile Platform’s stack is made up of three distributed applications working together, as shown in figure 4:
The decentralized app for user interactions and data collection
The decentralized data storage for longterm housing and and retrieval of data
The blockchain for distributed, verifiable, universal record keeping
Ultimately, the Tile Platform is designed to be storage agnostic. We will be implementing Storj integration with Blockstack, as Storj is currently the most robust and developed distributed storage platform. Storj creates encrypted portions of a file called shards which are stored redundantly throughout the network.
The blockchain ensures that zone files are correct by matching the hash for the file stored on the blockchain with the hash retrieved from distributed storage. This allows users to connect and get correct routing information for communicating with the rest of the network.
All LOOMIA products will be registered on the blockchain. In the post-manufacturing phase a public/private key pair is generated for the product and the public address is written to the blockchain with that item’s ID. This address represents the owner of the product.
Purchasers receive the private key of the item’s blockchain address when they purchase the product. The purchaser can then choose to update the owner address to one of their choosing, or to keep the address generated for them (which is less secure, but more convenient). The update method can naturally only be invokable by the owner.
Before a user chooses whether or not to sell their data, the LOOMIA app sorts it into many different categories, which allows both users and buyers to be selective about what kind of data they want to sell and acquire. Some categories will be defined according to the World Economics Forum’s conventions for classifying personal data.
THE TILE PLATFORM
The serverless P2P software that collects and manages data from the LOOMIA TILE is the Tile Platform and it exchanges information with the network of LOOMIA users.
The Tile Platform’s stack is made up of three distributed applications that work together. They are;
The Decentralized Data Storage:
Having a seamless backup system is fundamentally important since users will be holding important and valuable data themselves and the user’s private key is all that’s needed to decrypt their data capsule. The LOOMIA platform will leverage Blockstack’s storage implementations, which included backing up encrypted data-chunks to blockchain-based distributed storage systems such as Storj. Since Storj is currently the most robust and developed distributed storage platform, we will be implementing Storj integration with Blockstack.
The Blockchain:
The blockchain provides constant backbone which ensures data authenticity, so that individual nodes can leave and join the network with no impact on the network’soperations and integrity. By matching the hash for the file stored on the blockchain with the hash retrieved from distributed storage, the blockchain ensures that zone files are correct, which allows users to connect and get correct routing information for communicating with the rest of the network.
blockchain device registration: Every LOOMIA product will be registered on the blockchain and in the post-manufacturing phase, a private/public key pair will be generated for the product and the public address is written on the blockchain with the item’s ID. This public address will represent the product’s owner. When they purchasers purchase the product, they receive the private key of the item’s blockchain address and can then choose to update the owner address to what they choose, or to keep the address generated for them.
Writing Data to the Blockchain and Proving its Authenticity
The LOOMIA app will create a hash of the record when updating the blockchain with a new record, and store it, and the smart contract will verify that the addition is valid.
The Decentralized App: Tile Platform app is responsible for the following functions;
· Match data against models of realistic and genuine data.
· Collect the data from the LOOMIA TILE.
· Allow users to sell their data.
· Encrypt data and back it up.
THE TILE TOKEN
This is the currency unit which provides access to the Tile Platform. The TILE token will start off as an Ethereum ERC20 token. Like any other Ethereum token, the TILE token can be transferred freely between users directly on the blockchain and with virtually no reliance on the LOOMIA app. For instance, if a smart contract wants to reward a user whose identity score is above some threshold, it could look up the user’s identity rating on the registry contract that lists the score alongside the user’s address. TILE token can also be converted to STORJ tokens via LOOMIA’s “token change” smart contract which allows users access to the Storj platform without directly holding STORJ tokens.
LOOMIA ROADMAP (DEVELOPMENT ROADMAP)
SI X MONTHS:
LEL to TILE Platform Integration TILE wallet integration Simple data exchange, data storage on TILE and environment sensing e.g. light, temperature) Integration of accelerometer/vibration sensors
ONE YEAR:
Integration with Storj, pay directly from Tile Platform Registry contracts on Ethereum, multiple LELs connecting to TILE Brand buy-in pilot and Integrated with tamperproof seals to protect integrity.
TWO YEARS:
Self-adjusting pricing model Support for other wearable data, Ultra-thin design Token wallet functionally on TILE and Multi-function LEL’s integrated with TILE for smart product tracking.
THREE YEARS:
Identity scoring system Integration with other identity systems such as uPort, User interface addition to TILE: touch or voice interaction Basic TILE platform a software on the TILE directly and Non-clothing application of the LEL e.g. automotive, furniture.
CONCLUSION
LOOMIA-enabled garments store data points during the day and transfer them to the LOOMIA TILE when they recharge at night by simply going about their day which create very valuable data sets that provides brands with meaningful insights about how their products are being used. LOOMIA’s TILE is a proactive, ethical plan for providing the high-volume, high-precision data sets that companies will seek while eliminating the middlemen, ensuring that individuals will retain the right to own the data that they create and close the feedback loop. In exchange for TILE tokens, users can sell their data to researchers and other interested buyers in an anonymized fashion on the Tile Platform. These tokens can then be converted to other digital currencies or used across businesses on the LOOMIA platform which offers a wide economy in which the TILE token has value.
WEBSITE: https://www.loomia.co/
TELEGRAM: https://t.me/LOOMIA
FACEBOOK: https://www.facebook.com/LoomiaCo/
WHITEPAPER: https://www.loomia.co/token#whitepaper
TWITTER: https://twitter.com/LoomiaCo
MEDIUM: https://medium.com/@LoomiaCo
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