How Ydentity helps with Social Media User Protection

in #socialmedia6 years ago (edited)

 Ydentity is focused at the center of risk management in a shared economy. Ydentity is a utility token rather than a currency or security. A utility token is like a door key in the physical world. Ydentity is the first risk-identity token to use a scientific method of evaluation of the member’s initial condition to issue a predictive model for onboarding and underwriting. The principle is based on enhancing members’ safety by enabling them to understand the risk profile of the person who has sent the request. This will allow the members to either accept the request or interact with that person. 

Here’s how it works:

     • Where the Ydentity member is involved in online social media networking on a third party app, the member may decide to review potential compatibility

     • A third party app can become a Ycommunity partner and ask their users to apply for Ydentity. This will allow them to choose responsibly and review access to certain profiles or requests between profiles that may put the safety of the members at risk

     • Where the member submits their Ydentity to the social media app operator, the member may initiate the transfer of a Ydentity token to the social media operating platform. In this case, the following recommendations may be made:

     • When the Ydentity token color is matching (ex: blue-blue) with the other profile color, the friend request or contact is deemed suitable

     • When the Ydentity token colors are mismatched, but there is only one level of difference (ex: blue-green or green-red), the relationship is possible

     • When the Ydentity token colors are opposed (ex: blue-red), the relationship is deemed unsuitable.

     • Where the social media app operator asks the potential user to acquire a Ydentity before submitting the application or continuing activities or to be reinstated after a breach of the contract according to the Terms & Conditions waiting is recommended until acquisition. Ydentity aims to revolutionize several markets with the innovative risk-profile classification. 

Read more about the project here: 

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