CRYPTOKID: iTrue: Blockchain Biometrics Authentication System

About iTrue

iTrue is a Blockchain-as-a-Service (BaaS) solution that integrates a biometrics-based authentication system. The iTrue platform will allow companies and developers to authenticate their users, build proprietary blockchain network and earn rewards. Users can employ the solution to get authenticated, control and manage their data and get rewarded for sharing it.

By combining biometric, blockchain and advanced database technologies, iTrue can enhance user authentication and privacy. Besides, developers can build a wide range of decentralized apps right within this ecosystem.

The result is that iTrue is a resilient and, scalable infrastructure where user data are secure from misuse or data theft. Other notable benefits that this ecosystem offers includes:

Full control of private personal information
Alerts on where your user data is currently being utilized
Complete adherence to privacy regulations
Businesses can integrate privacy controls in their decentralized apps

iTrue Features

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 earn 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 earn token rewards whenever other developers build upon their existing microservices; Application developers earn 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

Table of Comparison

iTrue Token: ITU

In addition, The iTrue team is issuing an ERC20 ITU token that will be employed for all payments and rewards on the platform. For example, individuals can use tokens to pay for access to decentralized applications.

The ITU token brings together individual and business users into a single ecosystem with unlimited opportunities for scalability, under a decentralized platform for identification and data storage.

Token Information

Token Ticker: ITU

Platform: Ethereum

Type: ERC20

Total Tokens Supply: 8,000,000,000 ITU

Country Registration: Hong Kong

Website: HERE

Whitepaper: HERE

Investment Information

Token for Sale: 4,800,000,000 ITU

Acceptable currencies: ETH

Token price: 1 ITU = 0.01 USD