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Milestones Decentralized ID

Decentralizing your ID over the Blockchain

Decentralized ID (or DID) is a software schema and a Foundation geared towards protecting your ID on the Blockchain. DID puts your ID in your control by Decentralizing it. As of its launch in September 2017, DID comes with a working software schema based on mobile wallets and the Ethereum Network to show how ID verification can be performed on a Blockchain. DID also provides a draft proposal for how to achieve this and recommends starting a foundation to oversee how ID is being used/transferred in a Crypto-world. The project is working closely with a Government department to conduct a pilot study of putting National ID cards on the Blockchain.

3.4
8 7 expert ratings
Benchy 2.3
KYC
Experts
4.4
3.9
3.7
Review: coming soon PRO
~$1,978,230
value of tokens sold in ICO
Ended
Token
DID
Type
Price in ICO
0.0010 USD
Country
UK
Whitelist/KYC
None
ICO start
4th Jan 2018
ICO end
4th Mar 2018
Visit ICO website
Report

Milestones

1
Q4, 2017

SOFTWARE UPDATE & BETA LAUNCH

To launch the beta version of the DID app complete with a DID Login app and transfer facilities. Also, to finalize the app security and to develope further ways to store ID on a user's own device. To secure the Ethereum nodes in DID network.

2
Q1, 2018

P2P ID DEVELOPMENT & SCHEMA DEVELOPMENT
To develop and deliver a working schema of P2P ID verification. Study to be carried out in collaboration with a Govt ID issuing authority. We will also focus on other decentralized networks in the market to research the best network for ID verification and issuance.

THE DID FOUNDATION
In January 2018, DID will seperate from Torquesol UK Ltd and will form a foundation. The agenda of the foundation will be to protect people's IDs over a decentralized network.

3
Q2, 2018

NETWORK CALIBRATION REVIEW
While currently based on the Ethereum network, we are actively looking for a stateless Blockchain technology. We will review the available networks and come up with a proposal.

PARTNERSHIPS R&D, COMMERCIAL
The foundation will work with (a) Govt ID issuing authorities (b) Blockchain owners (c) Industry leaders to forge partnerships to take the DID manifesto forward. This includes studies, experiments, funding rounds and collaborations.

4
Q3, 2018

BOCA REVIEW UPDATE
As of Q3, 2017, we have given a proper definition to BOCA as a replacement of SSL over the blockchain. We will review and implement a BOCA-2 certificate encompassing industry and peer reviews. We will also issue the first batch of commercial BOCA certificate to organizattions.

BOCA SALE FIRST BATCH
The first batch of BOCA certificates will be sold to organizations. The operational team will work closely with corporates, Govt bodies to carefully select and decide on the first batch of BOCA certificates. These certificates will be based on BOCA-2 standard.

5
Q4, 2018

SOFTWARE UPDATE RELEASE CANDIDATE
We will finalize the technology and offer a release candidate of the software produced. In addition, developer APIs will be finalized and an Eco system running on a decentralized netowrk for ID verification and issuance will be completed.

FULLY PROFITABLE
By Q4, 2018, DID will earn out of (a) issuance of BOCA certificates (b) charging a percentage on DID transactions to stand on its own feet and to become a profitable, noble-caused organization.

6
Q1, 2019

LEADERSHIP
As per DID's agenda, we will take our schema to the masses. We are Crypto-positive and will get DID's app and schema into people's hands. This includes, but is not limited to, issuing a Govt ID on the DID schema.

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ICO KYC Report
2 members invited
Sheikh Abdullah Naveed
Failed
Sebastien Denis
Failed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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