iTrue is Blockchain as a service solutions with built-in authentication system with biometrics as a core microservice, allowing companies and developers to build secure, scalable and extensible. ITrue token appreciation of ecosystem users to share data, and business to participate in the market of data and applications. Innovative stone Storage solutions we guarantee high speed and capacity without compromising security and privacy.
Overview :
It is a Blockchain as a Service solution for the security system integrated with biometric verification providing high secure and scalable applications, works with tokenization model and backed by amazing team members and advisors.
Problem :
With the evolution of technology in our lives, all our personal data is stored in devise, people often autosave their passwords or they write down the strong passwords, so there will no assurance about the password, all the data and passwords are stored in centralized systems of the companies or organizations, once it failed or hacked it causes huge loss for the company or individuals, generally high security ERP costs 2-3 times more than the normal ERP, companies often buy normal one to reduce the cost of operation, users don’t have control over their data and usage of plastic debit card and credit card will cause the environmental harm.
Solution :
To solve the digital security issues in existing system, it has come up with blockchain based solution providing high security features for the system. It is a completely decentralized platform which ensures the no security risk and failure of central system, gives complete authority of control over their data it is integrated with biometric verification by iris and vein which is the most advanced security feature in the digital world.
It can be used in various fields like government schemes, banking’s, ATM, school’s hospitals, private cars, hotels, license, boarder security etc.
Token Economy :
iTrue issues Ethereum based utility tokens called “ITU” which can be used in the internal ecosystem for the rewards and services availed.
The Benefits of 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 BUSINESS
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.
TOKEN SALE
The token economy ensures a fair and legal framework for exchanging and storing data, wherein users, developers, and businesses are rewarded for playing a part in the ecosystem.
Information of tokens
Token name: iTrue (ITU)
Nominal price: 1 ITU = US$ 0,01
Total amount of released tokens: 8 billion ITU
All the unsold tokens: will be burnt by the smart contract
Token type: ERC20
TOKEN DISTRIBUTION
60% For Sale
22% iTrue Foundation
10% Team
7% Advisors
1% Bounty
ROADMAP
Follow our roadmap as we build our scalable solution with a brand new type of storage that leverages the power of both blockchain and database models, and is at full-capacity as per Turing completeness model.
Q2 — Q4 2017
Identification of competitors and market analysis
Q4 2017 — Q2 2018
Development of technical specifications, project architecture and a system of automated human face recognition
Q1 — Q2 2018
Development of Stone storage: Fast and scalable like DB, immutable and transparent like blockchain
Q2 — Q3 2018
Development of APIs to connect microservices with Stone storage
July 2018
iTrue company registration in Hong Kong
GDPR took effect. iTrue architecture and its microservices are already designed in accordance with GDPR requirements.
August 2018
iTrue subsidiaries registration in India and Lebanon.
Filing form D 506 exemption notice for submission to SEC, opening the token sale for US accredited investors
Q3 2018
Development of mobile applications (iOS, Android) enabling the insertion of personal data to the blockchain network and face recognition for access to personal data.
Token Sale
Q3 — Q4 2018
Expansion to the Arab Maghreb Union, India and the CIS. Launch of 20 pilot projects in banking, insurance, surveillance, ecommerce industries.
Opening iTrue community for third party developers; Opening the platform for third party microservices developers so they can build own microservices to expand iTrue platform functionality and community
Q3 2018 — Q1 2019
Development of a payment system and an IDV system to verify citizens of India, Bangladesh, Russia, Lebanon and Qatar
Q4 2018
Launch of the platform for Privacy Control and Data Sharing between Users and Clients. Users will be able to control their privacy and get tokens for its controlled data distribution to Clients
Q1 2019
Development of 5 additional microservices to make personal life and business processes easier and safer, available for integration to the projects of iTrue platform third party developers.
Launch the platform for third party developers of applications so they can use iTrue and third party developers microservices by building enterprise/consumer apps and getting tokens on selling apps to Business and Users
Q2 2019
Launch of a fully-functional platform enabling Web 3.0 projects and DApps
Q1 — Q2 2019
Expansion to the countries of ASEAN. Launch of 50 pilot projects in banking, insurance, surveillance, ecommerce industries
Q2 — Q4 2019
Development of 20 additional micro services to solve day to day issues of Business and Users
Development of an IDV system to verify citizens of the China, Thailand and Indonesia.
For more information, please check the link below :
Website: https://itrue.io/
Whitepaper: https://itrue.io/files/iTrueWhitePaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4721365
Telegram: https://t.me/itrueio
Facebook: https://www.facebook.com/iTrue.io/
Twitter: https://twitter.com/Itrueio
Linkedin: https://www.linkedin.com/company/itrue/
Name : Suryatampan
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2123638