Maret 16, 2018

BIOMETRIDS - A Platform That Helps Avoid From Manipulating IDs

Biometrids’ platform is an online ID on the blockchain that uses machine learning for facial recognition. With facial recognition, it is possible to verify people are who they say they are. Biometrids solves one of the biggest issues today faced in the blockchain ecosystem and in life. Biometrids is adecentralised ID that uses the blockchain to identify people. The usage of the blockchain assures everyone is anonymous, but still valid to conduct transaction with one another. By using the API connected to the Biometrids platform, any service can adopt our ID protocol into their system, and
force people to use the Biometrids ID to improve the security of knowing the their customers are transacting with genuine people.

Our platform will bring the identity into new dimensions. A decentralized ID will help people to be free, and make the world a more trusted place. A decentralized ID will keep you anonymous, But still guarantee that you are. What if you someday will need to identify your self, to use the internet? And people could give you bad votes, if you did scam people? How would that change the internet in the future? There are a lot of use cases for Biometrids. Read a lot more use cases in our whitepaper when its release between 15 and 20 nov.

Face recognition is quite complex. Here is a sneak peak into how we separate a face recognition system into 4 pieces to create a complete system.

We use machine learning to ensure facial recognition. Even though your appearance may change over time, your facial contours will always stay the same. If a company or user needs to identify you, they can send a request for your Biometrids wallet. A request will pop up on your screen and you simply scan your face. This will validate your corporate identity or user. We are building a platform that other blockchain projects can implement. This could be wallets, banks, companies, real estate partners, and more. If a wallet developer wants to use the system, they simply implement the API; afterwards, you can use your face to login to your wallet and you will be able to pay them directly. The day stores have implemented a lot of wallets, so it will be very simple to make payments. Simply scan your face and accept the payments requested. And off you go. The same process will be used for public services. If you get stopped by the police, then simply scan your face and they can read your driver’s license on their device. The list of opportunities goes on and on.

CURRENT PROBLEM OF IDENTIFICATION ON THE BLOCKCHAIN

Identification is the process of finding out whether someone (or something) is really
the person he/she claims to be. Authentication is the process of proving something is true, such as a key or a password. The quality of authentication depends on the quality of identification and the protection against forgery.

Blockchain technologies are an interesting technology, as they require the use of cryptographic keys to sign messages for each interaction. Interactions with blockchain- based systems require a usable public-key cryptography. At the current state of the blockchain technology, the management keys and usage of the wallets has been causing difficulties for non-technical users, creating an entry barrier. Further, a limitation currently being discussed in the market is the fact that distributed ledger technology can be an approach for stronger identification and authentication,
but is not a real solution. People might be using faked ID cards, fake social media profiles, someone else’s fingerprint, or fake names.

BIOMETRIDS SOLUSITION

Open-source blockchain technology moffers the opportunity for a decentralized certificate authority for verification. It can maintain the mapping and distribution of identities to public keys, e.g. wallets. The smart contract can furthermore act as an autonomous computer program, executing predefined sophisticated logic within the blockchain system. The smart contracts help with verification between systems and the key management to ease the burden for the end users. Biometrics is a key feature, as every individual on the planet is born with a unique set of biometrics, providing a tamper-proof method to uniquely identify who they are. The concept of biometrics includes your fingerprints, your face, your eyes, and even your voice. Combining it with blockchain makes much sense. Instead of having a fragile piece of paper, the information is digitally recorded on an immutable ledger, which can be used as an approach to securely log each identity in a system. It also offers privacy, as you alone will be able to grant access to your ID and see who has accessed your ID and when. Further, the blockchain is inexpensive and transparent, and throughout its current lifetime, it has been proven to resist hacking attempts.

VALUE PROPOSITION
Biometrids aim is to be the number one supplier of secure and easy usage identities, by offering a decentralized P2P network, represented by blockchain technologies. Using the Biometrids platform as an entry point.

Token Sale

PRE-ICO 25 nov. 5,000,000 coins available
ICO 16 dec. 70,000,000 coins available.

Name of the token will be IDS. There will be a total of 100,000,000 IDS.

5% will be sold in pre-ICO.
5% will be for bounties and advisors.
70% will be sold doing the crowdsale.
10% will be for team.
10% will be for foundation.

Pre-ICO will run for one week and the price will be 910 IDS / 1eth. The crowdsale will run for four weeks and prices will be:

Week 1: 665 IDS / 1eth
Week 2: 550 IDS / 1eth
Week 3: 500 IDS / 1eth
Week 4: 450 IDS / 1eth

Pre-Ico and crowdsale will run until end date, or until all coins are sold. The 10% for team and the 10% for foundation will be locked up for three years. Every unsold coin during the ICO will be locked for five years. After five years, they will be sold back to early investors in a private fundraising campaign. They will not be sold on exchanges.

Roadmap

2017 Q1 and Q2.

January – to June – discussions and market studies.
Q3 Development of concept. Find solutions to build systems.
Q4 PRE-ICO and ICO PRE-ICO 25 November to 1 December
ICO December 16 to January 13.

2018

Q1. Preparing the foundation and recruitment process. Start developing phase 1.
Q2. Adopted for exchange.
Q3. Stage beta stage 1. Testing with the community. Creating models and design architecture for phase 2 – Communities meet, where we discuss ideas, current plans, future plans, and what has happened since the end of the ICO.

2019

Q2. Beta version of stage 2. Testing with the community.
Q3. Create model and architecture design for stage 3
Q4. Release stage 2 and start developing stage 3. Community meet

2020

Q1 – Q2. Beta version of stage 3. Testing with the community. Create model and design architecture for stage 4.
Q3. Product assembly and full test. Partner with new services to use our API.
Q4. Stage 3 release. And start on the stage 4.Komunitas meet

2021 and so on