iTrue: the future of decentralized digital systems

bentadem11 (10)in #ico • 6 years ago

The world is experiencing a global digital transformation in which digital and physical realities are blurred into a single integrated lifestyle. As a result, many companies, including Microsoft, are looking at blockchain technology to create a new world model of digital identification that enhances individual privacy and security in the physical and digital world.

What is iTrue:iTrue is a Blockchain-as-a-Service solution with a built-in authentication system with biometrics as its core microservice, enabling enterprises and developers to build secure, scalable and extensible applications.

What are the benefits of iTrue

1 For Individual Users

2 For Businesses

3 For developers

The problem with digital identity today

In the past, it was almost impossible to prove its identity to the rest of the world on a large scale. Today, with the advent of large identity providers such as Facebook and Google, it’s much easier to check out individuals with third parties around the world. Despite the progress, the existing model of identity management has some fundamental drawbacks:

Users do not own data
In the digital world in which we live, users must trust multiple identity providers with their information and provide access to third-party applications to access their identity documents. This model requires us to blindly trust that centralized identification authorities will not abuse our data. Today, almost all third-party applications today require a certain level of access to your Facebook or Google accounts. In addition, you can not control what data you provide to companies. In an ideal world, users need to control their own identity, and providers must focus on approving requirements for specific identities.

Not publicly
Identity management solutions are primarily based on the authentication and access control models provided by centralized vendors and other authentication applications. In other words, identity is less about what you have access to, and who you are. In addition, every time you download a new application or enter a new location, you need to re-confirm and reconfirm your identity. The next-generation identification platform should provide an organic model where the user can be tested everywhere among several vendors.

1 Google, Amazon and Facebook know too much
2 it is surprising that Google, Amazon and Facebook collectively know more about your personality than the government, banks or your employer. These three companies cover the main areas of our digital life: the Internet (Google), e-commerce (Amazon) and social (Facebook). By entrusting these organizations full control over our digital identity, we become vulnerable to exploitation in various ways, which can benefit companies and governments. For example, a firm called Cambridge Analytica collected 50 million Facebook profiles to attract US voters during Trump’s presidential campaign.

What is the vision of iTrue

To solve some of the above tasks, iTrue combines block circuits and biometric technologies to improve the quality of authentication and platform security. With iTrue, users have full control over their confidential personal data, and biometric authentication provides safe and unhindered access to digital assets and even to physical objects such as a car or a house. Because iTrue provides notifications about where user data is used, businesses can integrate privacy controls into their applications, thereby helping companies comply with European GDPR rules. By implementing a block-based approach, users and businesses are confident of a reliable and scalable infrastructure where their records are safe and safe from data theft or misappropriation.

What is iTrue Delivery Planning?

The iTrue vision for a decentralized identity is still at an early stage. In collaboration with other vendors, iTrue is actively working on the following initiatives to provide a new wave of decentralized protocols and identity management solutions:

· Biometric authentication is a system that recognizes the eye’s iris, manual veins and facial functions with real-time detection when authenticating users to access large corporate systems.

· Stone Storage is a unique storage function in which personal information is stored separately from a transaction record and can be divided into different levels and stages. This allows users to determine what information should be shared with which party, thus completely controlling confidential information, but still enjoying the simplicity and ease of authentication based on biometric data.

· API Integration – A new API for communication between machines and people that does not require gadgets and that can be used by the public, including commercial companies and new start-ups. The platform includes an authorized block-chain with a high speed of operations, certain levels of access to confidential information and the ability to build both geo-dependent and geo-independent services.

· ID Verification (IDV) – a system that does not require data storage on personal devices. Simple KYC can be implemented through the iTrue platform. Users can go through the KYC procedure using their mobile phone, PC or an authorized partner terminal.
In a more practical way, instead of providing a broad solution to countless applications and services and having its identification data among numerous providers, iTrue wants to offer people a secure encrypted digital center where they can store their identification data and easily control access to it.

FOR MORE INFORMATION VISIT THE FOLLOWING LINK:
Website: https://itrue.io