iTrue : The Future of Decentralized Identities

thedinh96
thedinh96
Sep 2, 2018 · 3 min read

Hi Guys ! all of you know I always bring you the information about good crypto related projects through my blog. So today I’m going to introduce you a new cryptocurrency based project called #iTRUE

What is ITrue?

iTRUE is a blockchain project which aims to develop a decentralized platform for businesses. Businesses can use this platform to improve security of their applications. Thus, the platform is providing security to the customers’ data and also they can have control over their data. iTrue platform is solving the problems of centralized systems which store user data as they are prone to hacks and breaches. The platform will authenticate the users’ data with the help of biometrics which makes this platform easy to access for the customers.

The ITU token brings together personal and commercial users into a single ecosystem with unlimited opportunities for scalability under a decentralized platform for identification and data storage. The platform itself does not sell user data. Rather, it enables users, clients, and developers to benefit from sharing and utilizing data on the platform.

The Issue

  • The current centralized applications or systems which stores user’s data are susceptible to hacks and the data can be easily stolen.
  • • The users need to use complicated passwords while storing their data on such applications.
  • • The users do not get transparency in the current system as they do not get to know where their data is been used and for what purpose.
  • • The credit/debit cards used by almost everyone today is not safe for the environment as they are made from plastic.

iTrue is the Solution

The solution where iTrue is come up with the decentralized platform which reduces the risk of security breach and failure with the help of blockchain technology.

Instead of passwords they are using biometrics which is a faster and more secure system for authentication.

Here, enterprises can build iTrue authentication right into their apps where it reduces time & costs which makes easier user identification and authentication.

Users have full authority and control over their data, they are fully informed where their data is being used.

At last, they are providing cardless solution that does not rely on gadgets which can help reduce e-waste.

Token Detail:

Token Ticker: ITU

Platform: Ethereum

Type: ERC20

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

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

Acceptable currencies: ETH

Token price: 1 ITU = 0.01 USD

Minimum investment: 100 USD

Maximum Investment: 100,000 USD

Soft cap: 7,500,000 USD

Hard cap: 40,000,000 USD

Token Distribution

60% For Sale

22% iTrue Foundation

10% Team

7% Advisors

1% Bounty

For more detail informations visit:

Website: https://itrue.io/

Whitepaper: https://itrue.io/files/iTrueWhitePaper.pdf

Ann: https://bitcointalk.org/index.php?topic=4721365

Twitter: https://twitter.com/Itrueio

Linkedin: https://www.linkedin.com/company/itrue/

Medium : https://medium.com/itrue

Reddit: https://www.reddit.com/r/iTRUE/

Author: thedinh96

Bitcointalk Account: https://bitcointalk.org/index.php?action=profile;u=1692254

thedinh96

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thedinh96

https://twitter.com/thedinh96

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