Dear Crypto Distinguished Residents of the Money World In this article I would like to examine the Hong Kong-based iTrue ICO project for you.
iTrue is a Blockchain-based solution with a built-in micro-audit authentication system that aims to help businesses and developers create secure, scalable and extensible applications.
Problem Area on iTrue's Target
Given the increase in start-up companies offering online financial products and innovative digital services, there appears to be an increasing demand for secure, efficient authentication systems. However, biometric technologies do not provide a secure authentication assertion on their own. User data may be easily seized or misused because of inappropriate use. Users may be worried about how they use data from businesses for this reason; since printouts and online services can collect, use or sell personal data for their own profit.
As a matter of fact, 49% of those operating in the US are concerned about the seizure of biometric data, while 35% are uneasy about the bank's access to this information. On the other hand, "face recognition" operations are legal in Russia and in neighboring countries within the scope of surveillance activities, but the safety of the system is also considered as a threat of great confidentiality, especially in danger. In Shanghai and Beijing in China, face recognition is not only used by state security and surveillance, but also by private companies. Example: Fintech provider ANT Financial uses biometric scanning even in public areas such as the subway.
Solution "iTrue"
The combination of blockchain and biometric technologies will enable businesses to develop biometrics authentication and eventually create and market their own applications in the iTrue platform and ecosystem. Reducing transaction disputes through biometric authentication will help improve the user experience and at the same time increase platform security.
With iTrue, users will have complete control over their confidential personal data, and biometric authentication can provide secure, uninterrupted access to digital assets and even physical facilities such as a car or home. With the Blockchain infrastructure, users and businesses will be assured that their records are on a secure infrastructure to protect against data theft or abuse.
iTrue Token Ekosistemi
iTrue's service-based platform enables applications to integrate authentication independently of passwords, gadgets and plastic cards. The platform will sell user data. More users, customers and developers will share and use the data on the platform.
Developers can create applications that take advantage of micro-services, such as authentication. Users will be informed about each request for their data and will be rewarded with iTrue tokens when they participate in data sharing activities.
By combining biometric identification and blocks, iTrue increases the confidentiality of any process that users create. iTrue Limited will develop an extraordinary platform for an innovative approach to how companies create decentralized practices. The iTrue solution will be implemented as a blocking service with the built-in biometric data verification system. The decentralized platform will support user authentication for developers and businesses, the creation of new chain networks and the ability to receive rewards for users after an honest data exchange.
Jack Cheng, CEO of iTrue, said that the number of new companies offering online enhanced services such as digital financial products has increased rapidly due to reliable systems and efficient authentication requests. iTrue's main development team has created a comprehensive solution that addresses the gaps in how these companies use their customers' data. Combining biometric, block and sophisticated database technologies, iTrue will enhance user authentication and privacy. In addition, developers will be able to create decentralized applications in a wide range of ecosystems directly.
iTrue technical expert Anton Goroshankin has stated that modern block products have discovered a way to solve the problems with the strategy of combining the database and the block chain. As a result, iTrue is a stable and scalable infrastructure that protects user data against misuse or data theft. Other important advantages of this ecosystem are:
In order to ensure that each user has control over his or her own private data, iTrue will communicate to platform members how their data will be used and how they can be earned. In addition, the platform will comply with privacy rules, and the user will be notified of each data request so that they can approve the request.
The iTrue system will help developers to create solutions based on critical factors of users' privacy, security and security. Thanks to its innovative identification capabilities, users will not have to worry about security when doing anything with crypto money. Developers will not only create a decentralized solution that removes the use of any fraudulent program, but will also ensure that your transactions are done quickly, efficiently and securely.
ICO and Token Information:
The token to be used within the scope of the project will be the iTrue Token based on the ERC-20 standard. Token's ticker will be ITU. The total number of tokens is 8 billion. 60% of these are reserved for token sales. The price is 1 ITU = 0,01 USD.
Projenin Soft Cap target; $ 7.5 million; Hard - Cap target is $ 40 million.
iTrue's service-based platform enables applications to integrate authentication independently of passwords, gadgets and plastic cards. The platform will sell user data. More users, customers and developers will share and use the data on the platform.
Developers can create applications that take advantage of micro-services, such as authentication. Users will be informed about each request for their data and will be rewarded with iTrue tokens when they participate in data sharing activities.
By combining biometric identification and blocks, iTrue increases the confidentiality of any process that users create. iTrue Limited will develop an extraordinary platform for an innovative approach to how companies create decentralized practices. The iTrue solution will be implemented as a blocking service with the built-in biometric data verification system. The decentralized platform will support user authentication for developers and businesses, the creation of new chain networks and the ability to receive rewards for users after an honest data exchange.
Jack Cheng, CEO of iTrue, said that the number of new companies offering online enhanced services such as digital financial products has increased rapidly due to reliable systems and efficient authentication requests. iTrue's main development team has created a comprehensive solution that addresses the gaps in how these companies use their customers' data. Combining biometric, block and sophisticated database technologies, iTrue will enhance user authentication and privacy. In addition, developers will be able to create decentralized applications in a wide range of ecosystems directly.
iTrue technical expert Anton Goroshankin has stated that modern block products have discovered a way to solve the problems with the strategy of combining the database and the block chain. As a result, iTrue is a stable and scalable infrastructure that protects user data against misuse or data theft. Other important advantages of this ecosystem are:
- Providing Full Control of Private Personal Information
- User Data Tracking
- Ensuring Compliance with Privacy Policy
- Non-Centralized Application Integrity Assessment of Company Privacy Controls.
In order to ensure that each user has control over his or her own private data, iTrue will communicate to platform members how their data will be used and how they can be earned. In addition, the platform will comply with privacy rules, and the user will be notified of each data request so that they can approve the request.
The iTrue system will help developers to create solutions based on critical factors of users' privacy, security and security. Thanks to its innovative identification capabilities, users will not have to worry about security when doing anything with crypto money. Developers will not only create a decentralized solution that removes the use of any fraudulent program, but will also ensure that your transactions are done quickly, efficiently and securely.
ICO and Token Information:
The token to be used within the scope of the project will be the iTrue Token based on the ERC-20 standard. Token's ticker will be ITU. The total number of tokens is 8 billion. 60% of these are reserved for token sales. The price is 1 ITU = 0,01 USD.
Projenin Soft Cap target; $ 7.5 million; Hard - Cap target is $ 40 million.
General evaluation:
The iTrue platform has already acknowledged that the biometric authentication service has been integrated into the European Trade Center's extensive commercial network and will become a true test of this technology. While operating in one of Russia's largest entertainment and shopping centers, it is expected that iTrue will provide better security to Europe and increase user privacy.
For more information please check the following links:
The iTrue platform has already acknowledged that the biometric authentication service has been integrated into the European Trade Center's extensive commercial network and will become a true test of this technology. While operating in one of Russia's largest entertainment and shopping centers, it is expected that iTrue will provide better security to Europe and increase user privacy.
For more information please check the following links:
- Website: https://itrue.io/
- WhitePaper: https://itrue.io/files/iTrueWhitePaper.pdf
- Telegram: https://t.me/itrueio
- Twitter: https: // twitter.com/iTrueio
- Facebook: https://www.facebook.com/iTrue.io/
- Ann: https://bitcointalk.org/index.php?topic=4721365
Username : ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
ETH :
0xDa2F65ea0ED1948576694e44b54637ebeCA22576
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