Senin, 03 September 2018
iTrue is a platform with microservices that can be used by enterprises and users. The platform is therefore a Blockchain as a Service (BaaS) solution: It can be used by companies and developers to authenticate their users, or to build their own blockchain network with a built-in authentication system.
The platform provides microservices as building blocks, which can be integrated into existing apps/systems of developers. Hence, developers do not need to develop an authentication service from scratch for their applications, as the iTrue microservices will fulfil this need.
iTrue is one of the development results of the blockchain industry that experiences good performance and a great idea, based on a system that allows investors to be more open with symbolic investments. As one of the first blockchain platforms generated, this company wants to help investors become more concerned about the economic weakness that many people worldwide are experiencing in the concept of mutual aid as an investment that can be traded by users on this blockchain platform registered. Some important points of the platform iTrue The point is that most registered investors and potential investors will start their business on the platform as a whole.
Respond to general terms and conditions about the platform iTrue is a source of income that will provide a balanced value of an economically beneficial ecosystem between buyers and sellers. In this case, the investor is an economic concept that has an average sales value that exceeds the income of an investment capital, while the token sales are more distributed to investors who want to make a profit on this platform. The ability to connect to the following projects is a major effort in the legal and secure tobacco and token trade project in the blockchain industry, starts trading and executes a balanced analysis system in one of its own tactics and ideas that are being used by many investors. executed. iTrue a decentralized blockchain platform aimed at building investments that influence the positive side of fund management that will be invested in this platform, in other words this platform is a place for investors around the world.
There is a growing demand for safe, efficient, and secure authentication systems, given the rise of online financial products and startup companies providing innovative digital services. Services like cashless payment systems provide convenience and ease of transactions. Banks and fintechs are already exploring or implementing biometrics as a way to authenticate users.
More than half of e-commerce cart abandonment is due to forgotten passwords(49%) or forgotten debit/credit card details (59%) underscoring the need to improve authentication measures. 49% of the users in the US are concerned about their biometric data being compromised, while 35% are worried about their bank having access to the information. Facial recognition in surveillance is legal in Russia and other countries, but is considered a major privacy threat, especially if the security of the system is compromised.
The combination of blockchain and biometric technologies will enable businesses to improve authentication through biometrics and eventually build and market their own applications on the iTrue platform and ecosystem. Reducing transactional friction through biometric authentication helps improve the user experience and enhance platform security at the same time.
Benefits iTrue
For Individual Users
- Privacy - Users have full ownership of their data, and have full control over where their data is shared
- Confidence - User data is stored on a decentralized platform and never on local devices, thus ensuring better protection against failures or data theft
- Ease of Access - Biometric access means never having to memorize a password again, and never having to rely on a gadget like a smartphone or credit card
- Participation in Data Economy - Individual users can get benefits when they willingly provide data to clients and businesses that require it, in the form of tokens or other rewards
For Businesses
- Automation - Blockchain-as-a-service comes with authentication platform and reduces the need to build one from scratch, particularly the ID verification
- Compliance with Regulation - Tokenized data sharing mechanism informs users and seeks authorization before any data is exchanged, thus complying with regulatory frameworks like GDPR
- Data Exchange - Contractors who traditionally collect and process data can exchange existing data with other contractors who may hold their own data. To ensure privacy, such data sharing will still require user permission
- Customized Applications - Business gain access to both turnkey solutions and developer-customized applications right within the iTrue platform
For Developers
- Time-to-Market and Scalability - Access to iTrue microservices enables developers to build their enterprise or consumer apps on top of the iTrue platform. Such apps can be listed on the iTrue Marketplace for businesses and users. iTrue’s new type of storage also ensures speed, security, and accessibility.
- Tokenized Benefits - Microservice developers get token rewards whenever other developers build upon their existing microservices; Application developers get token rewards when their solutions are utilized by other enterprises or users in the marketplace or when they are requested to customize or fine-tune iTrue applications for enterprise end-users
- Extensibility and Turing Completeness - iTrue microservices are building blocks that enable developers to more quickly design and deploy enterprise or consumer applications. Developers can also build their own microservices into the platform, which other app developers can also utilize in building their own services and apps
For Information
Website: https://itrue.io/
Whitepaper: https://itrue.io/files/iTrueWhitePaper.pdf
ANN: https://bitcointalk.org/index.php?topic=4721365
Twitter: https://twitter.com/Itrueio
Facebook: https://www.facebook.com/iTrue.io/
Telegram: https://t.me/itrueio
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