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Milestones 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
4.0
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

Milestones

1
Q2 – Q4 2017

Identification of competitors and market analysis

2
Q4 2017 – Q2 2018

Development of technical specifications, project architecture and a system of automated human face recognition

3
Q1 – Q2 2018

Development of Stone storage: Fast and scalable like DB, immutable and transparent like blockchain

4
Q2 – Q3 2018

Development of APIs to connect microservices with Stone storage

5
July 2018

iTrue company registration in Hong Kong.
GDPR took effect. iTrue architecture and its microservices are already designed in accordance with GDPR requirements

6
September 2018

iTrue subsidiaries registration in India and Lebanon.
Filing form D 506 exemption notice for submission to SEC, opening the token sale for US accredited investors

7
October 2018

MVP: facial recognition system and Stone storage. Users can register their faces and log into account without passwords. Blockchain storage that comply with GDPR.
iTrue joined the Bancor Network. iTrue will integrate the Bancor Protocol and follow specific guidelines for creating a Smart Token to offer ITU token.

8
Q3 2018 - Q1 2019

Token Sale

9
Q4 2018 - Q1 2019

Expansion to the Arab Maghreb Union, India and the CIS. Launch of 20 pilot projects in banking, insurance, surveillance, ecommerce industries.
Opening iTrue community for third party developers; Opening the platform for third party microservices developers so they can build own microservices to expand iTrue platform functionality and community

10
Q4 2018 - Q2 2019

Development of a payment system and an IDV system to verify citizens of India, Bangladesh, Russia, Lebanon and Qatar

11
Q1 2019

Launch of the platform for Privacy Control and Data Sharing between Users and Clients. Users will be able to control their privacy and get tokens for its controlled data distribution to Clients

12
Q2 2019

Development of 5 additional microservices to make personal life and business processes easier and safer, available for integration to the projects of iTrue platform third party developers.
Launch the platform for third party developers of applications so they can use iTrue and third party developers microservices by building enterprise/consumer dapps and getting tokens on selling dapps to Business and Users

13
Q3 2019

Launch of a fully-functional platform enabling Web 3.0 projects and DApps

14
Q2 – Q3 2019

Expansion to the countries of ASEAN. Launch of 50 pilot projects in banking, insurance, surveillance, ecommerce industries

15
Q3 – Q4 2019

Development of 20 additional micro services to solve day to day issues of Business and Users.
Development of an IDV system to verify citizens of the China, Thailand and Indonesia

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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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