What if the identification project goes with the blockchain system? It may sound new and rarely used in the blockchain system. I will explain the ICO Project about verification ID using Blockchain system.
What is Project IAME and how Project IAME works for the user? IAME is created as a decentralized identification platform running on a blockchain chain. The system will allow part of the blockchain to identify each other's IDs without needing to reveal unnecessary facts. Before further you can watch videodi below and how this project works.
To get the result, the platform gets info to a point that can not be understood and with the support of 3rd party validator will be able to identify the information being searched. The result of identification leads to the ID verification performed by that platform. However, only the real owners keep their information intact.
The main problem facing Users when considering integrating virtual money into an actual economy is the ability to verify the asset holders. Lawmakers should be able to know where you get the virtual money and who's transacted. When BTC is created, this issue is never considered. Although, BTC's block-chains remain the model architecture of all other existing plans that implement blockchain.
The IAME platform creator believes that if the verification issue is never resolved, bulk integration may never happen. This is because lawmakers forever oppose everything that does not allow them to verify the sources and areas of funds. Most MPs believe that virtual money is a money laundering nest because tracking the holders is very difficult.
The IAME plan expects to completely change it by creating a new verification platform. In the current financial system, verification is done through the procedure of submitting individual data in a healthy manner. The platform was created a decade ago in an effort to combat money laundering. However, it is not connected with the presence of virtual money.
- Challenges in the real world
The application of current verification to protocols in advanced chains does not correspond to decentralized idealism. In fact, the rules of anonymity contradict the narrow need for anti money laundering legislation. So, there is a need to reach a compromise. This will enable both parties to be a symbiotic creature where everyone gets what they need.
- Project IAME Solutions
To get a working solution, the IAME platform suggests re-inventing the verification procedure. Thus, it suggests adjusting from healthy to fragmented platforms. There will be a clearly verified topology field, which can be applied as a sign of the entry of MPs. The IAME platform will therefore seek to solve anonymity problems without stopping the chain-block revolution.
By creating a fragmented verification system, block-chained consumers can validate their address without trusting sensitive data to each side with them.
So in conclusion the identity system offered by IAME is none other than to answer the previous problem that happened. In the Star topology network with n nodes can perform transactions with n-NYM count of counterparty. Technological innovation in encryption.
More information You can visit IAME's official website or visit the social media links below.
- WEBSITE : https://iame.io/
- FACEBOOK : https://facebook.com/IAMEidentity
- TWITTER : https://twitter.com/@iameidentity
- TELEGRAM : https://t.me/IAME_identity
- MEDIUM : https://medium.com/@IAMEIdentity
- WHITEPAPER : https://iame.io/res/180301-IAME-White-Paper-en.pdf
Author : saputraagra (owmivmen)
bitcointalk profil url : https://bitcointalk.org/index.php?action=profile;u=1695471
ETH Address : 0x54C213086D91ACB146d91bC1c6d95ac62222508E