Welcome my dear readers.I write to you from a beautiful country of Indonesia and so today we consider a promising project. In the past, it was almost impossible to prove your identity to the rest of the world on a large scale. Today, with the emergence of major identity providers such as Facebook and Google, it has become much easier to verify identities with third parties around the world. Despite the progress, the existing identity management model has some fundamental shortcomings:
Users do not own data
In the digital world we live in, users need to trust multiple identity providers with their information and provide access to third-party apps to access their identity. This model requires us to blindly trust that centralized identification authorities will not misuse our data. Today, almost all third-party apps today require a certain level of access to your Facebook or Google accounts. Also, you can't control what data you provide to companies. In an ideal world, users should control their own identity, and providers should focus on approving specific identity requirements.
Not publicly available
Identity management solutions are primarily based on the authentication and access control models provided by centralized providers and other authentication applications. In other words, identity is less about what you have access to and who you are. Also, every time you download a new app or enter a new location, you need to re-confirm and re-confirm your identity. The next generation identity platform should provide an organic model where the user can be verified across multiple vendors.
Google, Amazon and Facebook know too much
Not surprisingly, Google, Amazon, and Facebook collectively know more about your identity than the government, banks, or your employer. These three companies cover the main areas of our digital life: the Internet (Google), e-Commerce (Amazon) and social (Facebook). By entrusting these organizations with full control over our digital identity, we become vulnerable to exploitation in many ways that can benefit companies and governments. For example, a firm called Cambridge Analytica collected 50 million Facebook profiles to attract American voters during the presidential campaign, trump.
What is the vision of iTrue?
To solve some of these issues, iTrue combines the block-chain and biometric technology to improve the quality of authentication and enhance the security of the platform. Thanks iTrue users have full control over their sensitive personal data, and biometric authentication provides secure and seamless access to digital assets and even physical objects, such as a car or house. Because iTrue provides notification that use user data, enterprises can integrate tools privacy control to their apps, thereby helping companies to comply with European rules of the GDPR. By adopting a blockchain-based approach, users and businesses are confident in a robust and scalable infrastructure where their records are safe and secure from data theft or misappropriation.
What is itrue delivery planning?
The vision of iTrue for decentralized identity is still at an early stage. In collaboration with other vendors, iTrue is actively working on the following initiatives to provide a new wave of decentralized protocols and identity management solutions:
Biometric authentication-a system that recognizes the eye iris, hand veins, and facial functions with real-time detection when authenticating users to access large enterprise systems.
Stone Storage-a unique data storage function, in which personal information is stored separately from the transaction record and can be divided into different levels and stages. This allows users to determine which information should be shared with which party, thus fully controlling sensitive information, but still enjoying the simplicity and convenience of biometric authentication.
API integration-a new API for interaction between machines and people that does not require gadgets and can be used by the public, including commercial companies and new startups. The platform includes an authorized block chain with high speed of operations, certain levels of access to confidential information and the ability to build both geo-dependent and geo-independent services.
· ID Verification (IDV) system that does not require data storage on personal devices. Simple KYC can be implemented through the platform iTrue. Users can go through the KYC procedure using their mobile phone, PC or an authorized partner terminal.
In a more practical way, rather than providing broad resolution to countless applications and services and having their identity data among numerous providers, iTrue wants to offer people a secure encrypted digital center where they can store their identity data and easily control access to it.
iTrue is a Blockchain-as-a-Service solution with a built-in authentication system with biometrics as the core microservice, allowing businesses and developers to build secure, scalable and extensible applications. The inclusion of this kind of self-identification digitally is larger than any company or organization. However, iTrue is committed to working closely with the community to unlock a new generation of identity-based digital technologies.
Web site: https://itrue.io/
Technical document: https://itrue.io/files/iTrueWhitePaper.pdf
ANN Subject: https://bitcointalk.org/index.php?topic=4721365