Biometrids, or the democratized facial recognition ...

Biometrids, or the democratized facial recognition ...

Biometrids is a project based on the Ethereum blockchain.

His observation is very simple: our data and more particularly our identity data are highly sensitive in today's world. You can have them steal, hack or ... you may also be dealing with a scammer who will come under a false identity to play you a dirty trick.

For example, the WhitePaper tells us that in the United Kingdom, identity theft has more than doubled in the past 8 years, with 90% of frauds occurring online. The sum of the data stolen during the big "silent" break-ins in large corporations is staggering. Just like the millions stolen online to individuals.

There are solutions but they only limit the damage. But we are still in the era of usernames and passwords. In short, an open-air gold mine for hackers.

Another problem: many people on Earth do not have papers proving their identity. More than a billion ... And that continues, many births are still not registered.

Biometrids is based on the observation that centralized systems work (badly) like silos. And that these systems have too many flaws.

Biometrids offers a solution that seems obvious on paper: take the best of what comes and what exists, namely facial recognition and blockchain. The combination of these two elements can solve all the current problems related to identification and authentication.

The transparency, flexibility and reliability of the Ethereum blockchain are well established. This is a perfect opportunity for the Biometrids project. A decentralized authority that can map identities, and certify them or not. Smart contracts provide the ability to audit systems and key management reduces the burden on users.

But it's after that I find that it becomes interesting. Biometrids proposes to combine the blockchain with the biometric properties of our faces to create an inviolable ecosystem.

Indeed, their goal is to develop facial recognition technology far enough so that no one can pretend to be for you, and therefore your confidential data and access to your bank accounts or payment sites are secure. In the same way you will be able to ask to your interlocutor to be authenticated, within the framework of a transaction, to make sure of his identity and that it does not seek to rip you off.

Facial recognition can not be wrong. It will scan different features of your face: eyes, mouth, chin, etc. Simply put, all of this is translated into numbers. You will have a picture of you pre-existing in the blockchain. When you authenticate, the platform will compare the photo you just took to that recorded on the blockchain. An algorithm will launch its calculation: close to 1 it's you, close to 0, it's not you ...

The WhitePaper very clearly specifies the technical elements and I invite you to read it if the subject interests you. It will be available soon in French, apparently.

Here is the link :

https://www.biometrids.io/index.php#biometrids-whitepaper

The token: IDS

Biometrids will work on the Proof of Stake model, with 10,000 IDS helping you turn the system. For each authentication request on the platform, the system randomly requests 5% of the nodes. Each transaction costs 0.10 IDS. 90% is donated to the stakers.

My opinion

There is a new generation of ICOs coming in and I would call them adults. They work on a model of seriousness, without sending powder to the eyes. Biometrids clearly announces targets by 2019 to 2020. She is aware of the steps to climb and the difficulties. But she is enthusiastic. It takes investors seriously: the tokens allocated to the Biometrids team are blocked for 3 years, the token will not be introduced within 3 months after the ICO to prevent some people have too much fun with the courses (something that we often see, and have already precipitated in the void many promising projects).

Following the recent rise of the Ethereum, IDS / ETH redistribution rates have been revised, so as not to penalize investors.

There was no private sale, which is to be emphasized. It is often a process close to insider trading that Biometrids does not endorse.

The pre-ICO starts on November 25th, it ends on December 1st.

The ICO will start on December 16th and finish on January 13th.

Here is the roadmap for Anglophiles:

Biometrids

Platform for identification through face recognition by mobile device
www.biometrids.io

The website: https://www.biometrids.io/index.php

Twitter: https://twitter.com/biometrids

Facebook: https://www.facebook.com/Biometrids-1603692473026252/

My Bitcointalk  : https://bitcointalk.org/index.php?action=profile;u=1826813;sa=forumProfile