BIOMETRIDS

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Biometrids - Decentralised And Anonymous ID By Facial Recognition On The Blockchain.

What Is Biometrids?

Biometrids permits for the cross-checking of identity once delivering packages. Before delivery may be created, the traveler personnel can have to be compelled to see to it the identity used throughout purchase against that of the person that is to just accept the package.

Any deviation can mean the package won’t be delivered. The deliverer can have to be compelled to scan the face of the individual acceptive the package to see it’s been delivered to the particular owner.

By exploitation the API connected to the Biometridsplatform, any service will adopt our ID protocol into their system, and force folks to use the Biometrids ID to enhance the protection of knowing the their customers square measure transacting with real folks.

The advancement in technology has led to smartphones with biometric identification via a integral camera. exploitation the biometric identification capabilities of good devices, every individual are facially recognized on the blockchain.

Biometrids is strain at making a “One Face, One ID” development. All it takes is simply one recognition and there’ll not be a way to control identities on the Blockchain. With this in situ, there’s Associate in Nursing expected forceful reduction in fraud.

With Biometrids Platform, It Is Possible To Achieve The Following:

Make sure that people are who they say they are.

Deal with impostors and prevent identity fraud.

Opportunities to identify themselves, even in countries where this is not possible at the time being.

Give people the ownership of their own ID.

Help blockchain services that faces the identity problem.

Make payments more secure and trusted.

Remove the middleman for identification.

With Biometrids, the identities are anonymous however still sure. The system can offer people that don’t have access to Associate in Nursing ID the opportunities to spot them.

There square measure several countries wherever this can be a serious drawback. The Biometrids platform can solve the matter of identity and facilitate forestall identity fraud, all this by victimization biometric identification.

Our API lets others integrate the system. this may build it abundant easier for individuals to log in to their wallets or determine themselves to others, while not having to indicate their real identity. With our inbuilt electoral system, individuals will report others as scammers.

If somebody makes a fallacious account victimization the ID, their ID are marked as a chiseller, which is able to let others understand to not influence this person. once the system is established round the world, a lot of and a lot of firms and other people can adopt the system.

This implies that spammers is excluded from victimization some way of life services, thanks to previous fraud marks. this may produce any incentive to follow the system, as a replacement ID can’t be created thanks to the distinctiveness in every person’s face.

Cases Of Account Theft Occurring

Equifax

On September 7, 2017, Equifax, one of the three largest credit agencies in the US, experienced data that could affect 143 million consumer-sensitive data. Saved sensitive data including Social Security number and SIM number. This incident is one of the biggest data theft cases ever. The violation was discovered by Equifax on July 29, 2017 and at that time. Other compromised data are discussed with full name, address, date of birth, credit card number, and other personal information.

Taringa

Taringa is a social media site ala Reddit for Latin America. On September 4, 2017, this social networking site experienced a data breach incident that resulted in more than 28 million user data exposed. Data includes username, e-mail and password. Taringa uses hashed passwords, making Taringa users open to hackers.

Verizon

Verizon faces a data breach incident on July 13, 2017. This data-theft case shows 14 million customer data that could be misused by the perpetrator. The stolen customer information is sufficient to access each person's Verizon account according to a security expert who is notified of the violation. With this information, account takeovers and phone hijackings may occur, which may result in hacking of social media accounts and email accounts.

Bank UniCredit, Italy

UniCredit, Italy's largest bank, has admitted that they suffered two data breaches by 2016 and the last on August 7, 2017. This data theft case includes 400,000 subscribers as a whole. Affected customers are at high risk of phishing attacks by utilizing leaked data. Phishing can give way for criminals to take customers' funds.

Car Rental

Leakage data at IWAR CarWise software company occurred on August 7, 2017. It is estimated that at least this data theft case includes 100 thousand data. The leak was found in LeaseWise software, which was used by 52 Dutch car rental companies. These companies share databases, but are eventually accessible to others due to leaks. Leaked data includes customer addresses, rental contracts and the number of kilometers traveled per car.

Platform And Description

With the advancement in machine learning and artificial intelligence, facial recognition can be utilized for identifying individuals. From childhood to old age, the contours of the face cannot change.

Once registered on the blockchain, facial attributes remain static even with changes in age. Whenever a merchant, individual or government is trying to identify you, a request will be sent to your smartphone for identification.

Identity fraud in numbers

The spate of identity theft globally has reached an epidemic level. There is a need to adopt an out of the box approach such as Biometrids in providing a lasting solution to this cankerworm. Between 2015 and 2016, there has been an increase in identity frauds both in monetary value and number of victims.

In 2015, 13.1 million were victims of identify fraud, this figure grew to 15.4 million Americans. This translate to an increase in value from $15.3 Billion to $16 Billion. In 2016, a record of 421 billion data records was stolen. This is equivalent to 35 data records stolen every second.

In 2015, 13.1 million were victims of identify fraud, this figure grew to 15.4 million Americans. This translate to an increase in value from $15.3 Billion to $16 Billion.

UK Identity Fraud

Investors will have the opportunity to get a share of all of these transactions that will be going through the Biometrids Platform. Investors can run their own node on the chain, with only 10.000IDS.

When the system will be fully implemented around the world we would have upwards 100.000.000 transactions everyday with a cost of 10–40cents and a pay out of 90% for investors holding nodes.

In our PRE-ICO we offer 1330IDS for the price of 1 ether and in ICO the price will range from 600–1000IDS for 1 ether.

Help Us Build The Future Of Identification And Join Our Journey Today

Token Sale

Biometrids token will be known and called IDS.

There is going to be a total of 100,000,000 in existence and will be offered as follow:

Pre-ICO: 5%

Bounties and Advisors: 5%

Crowdsale: 70%

Team allocation: 10%

Foundation: 10%

The Pre-ICO of IDS will run for just a week a price of 1ETH/1330IDS, while the crowdsale will run for 4 weeks with the following prices:

Week 1: 1000 IDS/1eth

Week 2: 850 IDS/1eth

Week 3: 700 IDS/1eth

Week 4: 600 IDS/1eth

Pre-Ico and crowdsale will run until end date, or until all coins are sold.

The allocated 10% of the team and the 10% for the 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.

APIs And System

The Biometrids platform is expected to benefit other Blockchain and Cryptocurrency projects.

Aside from this, the financial sector, postal, wallets, and public sector will also benefit from the Biometrids project. A wallet developer will have to integrate the Biometrids API with their wallet and this will override the login process. This will translate to facial recognition login to wallets.

Ongoing branding and increasing awareness of Biometrids to develop an onboarding process for businesses. Further development of the product with continued bug fixing, new initiatives, and improvements to the user experience.

Roadmap Biometrids