The IAME identity network is a decentralized identification system created for the Blockchain ecosystem. So, from the first reading, you say that nothing concrete is not clear from this sentence, but let's figure it out. IAME is the identification system for the Blockchain P2P transaction. IAME relies on its own fragmented (fragment-based) identification algorithm, according to which identity documents are fragmented into thousands of illegible parts, and the verification process is decomposed to hundreds of thousands of people. The IAME identity network consists of: a client, a distribution server, a verification server, a write block chain, an identity server.
Identification will be carried out by a set of independent third-party validators, each of which will check its fragments of information, and only together they can form the result of a complete verification. The result of the check will be written to the designated block account and will become public in the repository, from which you can learn about the status of the transaction and about the currency, while the user data will remain hidden.
The team conducts ICO, raising funds for the development of its project. Basic goals:
- Attract capital to develop the IAME Identity Network
- IAM utility tokens distribution among investors and future users
- Raise awareness of the concept of decentralized fragmented identification.
The fund-raising process is divided into several stages, and Pre-Sale will be held in 2 stages, with more detailed information you can see below in the picture.
To manage the platform, an IAM token will be issued that acts as a verification token to initiate confirmation requests for validation packets in the IAME network. Users will spend the token through a special client, and after deduction equal to the cost of hash blocking, the number of tokens will be paid as a reward to third-party validators. During the ICO of the company, 50% of all tokens will be sold, as 20% of tokens will be allocated to the business pool (a pool for the development of the IAME business), 10% of tokens for community development around the IAME, 10% is a pool for advisers, consultants and the bounty , the remaining 10% of the tokens are reserved for the project team. During the ICO IAME , the team plans to raise $ 25 million and I am confident that they will succeed.
Official website: iame.io
Whitepaper: in Russian
Telegram group - t.me/IAME_identity
Twitter: twitter.com/@iameidentity
Facebook: facebook.com/IAMEIdentity
Medium: medium.com/@IAMEIdentity
Author of the article: https://bitcointalk.org/index.php?action=profile;u=1826813
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