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iTrue

Instant Access to Controlled Gains

iTrue provides Self-Sovereign Biometric Identity for Decentralized Web. 1. “Self-Sovereign” also known as self-ownership is the idea that people should own their own data. Using iTrue, businesses cannot just freely use data from users, they must request the data and the user must consent to this usage. Users are rewarded each time they decide to share data with a business but it is a voluntary sharing of data. 2. “Biometric Identity” means we can offer face identification online and offline (i.e. visitors to trade centers, hotels, conferences, taxis, etc. so businesses know when to reward or punish someone in case they misbehaved). 3. "Decentralized Web", also called web 3.0, is the next generation of internet as a p2p network built around blockchain technology. We want to give control of data back to its rightful owners. We also want to make sure our platform is secure by having no single point of failure where hackers can steal or tamper with data. Technology At the core of iTrue’s platform is blockchain and facial recognition technologies. We are tackling data security issues head on with our state-of-the-art Stone Storage solution, a distributed database that enables users to store information without the need for a centralized server as it’s based off of blockchain distributed ledger principles. Personal information on our Stone Storage solution is stored separately from its record of transaction and can be divided into different levels and categories. This allows users to decide which information to share with which party, putting users in complete control over sensitive information. We are taking data security to the next level by securing information using biometric technology. Users must successfully verify their identity by scanning their face or eye iris in order to access their stored data.

4.1
4 3 expert ratings
Benchy 3.7
KYC
Experts
5.0
4.3
3.9
Review: coming soon PRO
Ended
Token
ITU
Type
Price in ICO
0.0030 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA, China
ICO start
21st Dec 2018
ICO end
21st Mar 2019
Visit ICO website
Report
Changelly

About iTrue

iTrue is a Blockchain-as-a-Service (BaaS) platform with a built-in system for user authentication with biometrics and unmatched privacy controls. iTrue empowers enterprises and developers to build secure, stable, and extensible applications. With iTrue, individual users can earn rewards for sharing their data. Business users can also earn from participating in the data and decentralized app marketplaces.

iTrue addresses the age-old problem of blockchains that severely limit functionality and extensibility. With iTrue at the core, any kind of module can be connected through APIs, and such modules can be written with any programming language, unlike Ethereum, which is limited to Solidity and whose smart contracts rely on limited bytecode.

iTrue’s BaaS combines the advantages of blockchain and database, which results in fast processing speed and unlimited data capacity. This results in a robust search capability, which is unmatched by any blockchain solution today. There is virtually no restriction on the size and type of stored data, as there is no volume increase in geometric progression with the addition of any new block -- a limitation that restricts existing blockchains.

What Solutions Does iTrue Provide?

iTrue addresses three major pain points for three main groups of people.

For developers: iTrue gives the ability to build decentralized applications on top of the iTrue blockchain and Stone Storage solution. Apps and smart contracts can be written in any programming language. Stone Storage provides unmatched processing speed and data capacity, overcoming the transaction and storage capability of purely blockchain solutions.

For users: iTrue gives complete ownership and control over their personal data. Biometric authentication gives seamless access without the need for devices or gadgets.

For businesses: iTrue provides improved compliance to privacy regulations like GDPR. Through the data and app marketplaces, business users can either gain access to meaningful data, or earn by building decentralized apps.

What Makes iTrue Unique?

For users, iTrue is a personal gadget-free technology, which means authentication can be done without the need for a smartphone, key, or even a password. This gives seamless hands-free access to services, unhampered by cumbersome devices, whilst still protecting a user’s security and privacy.

For businesses and developers, iTrue’s Stone Storage offers unprecedented processing speed and data capacity, which leads to a robust search capability while providing high levels of security and privacy to user data.

Why Should I Invest in iTrue? 

The ITU token economy brings together individual and business users into a single ecosystem with unlimited opportunities for scalability, all under a decentralized platform for identification and data storage. By investing in the ITU utility token today, you can have an early advantage in the ITU token economy and access controlled gains whether as a business, a developer, or a user.

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ICO KYC Report
2 members invited
Maxim Tkachenko
Passed
Maxim Akinin
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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