BIOMETRIDS -Decentralized Identity By Facial Recognition

Februari 14, 2018

BIOMETRIDS -Decentralized Identity By Facial Recognition

Biometrids platform is an online ID on the blockchain that uses machine learning for facial recognition. With facial recognition, it is possible to verify people are who they say they are. Biometrids solves one of the biggest issues today faced in the blockchain ecosystem and in life. Biometrids is a decentralised ID that uses the blockchain to identify people. The usage of the blockchain assures everyone is anonymous, but still valid to conduct transaction with one another. By using the API connected to the Biometridsplatform, any service can adopt our ID protocol into their system, and force people to use the Biometrids ID to improve the security of knowing the their customers are transacting with genuine people.

With Biometrids’ platform, it is possible to achieve the following:
Make sure that people are who they say they are.
Deal with impostors and prevent identity fraud.
Opportunities to identify themselves, even in countries where this is not possible at the time being.
Give people the ownership of their own ID.
Help blockchain services that faces the identity problem.
Make payments more secure and trusted.
Remove the middleman for identification.

With Biometrids, the identities will be anonymous but still trusted. The system will give people who do not have access to an ID the opportunities to identify them. There are many countries where this is a major problem. The Biometrids platform will solve the problem of identity and help prevent identity fraud, all this by using facial recognition.

Our API lets others integrate the system. This will make it much easier for people to log in to their wallets or identify themselves to others, without having to show their real identity. With our built-in voting system, people can report others as scammers. If someone makes a fraudulent account using the ID, their ID will be marked as a scammer, which will let others know not to deal with this person. When the system is established around the world, more and more companies and people will adopt the system. This means that spammers can be excluded from using some daily life services, due to previous fraud marks. This will create further incentive to follow the system, as a new ID cannot be created due to the uniqueness in each person’s face.

How it works.

Facial recognition works around a picture of a person. This picture could be 2D or 3D. If we are using a 2D picture, chances of manipulation will rise significantly due to the non-complexities in the picture and the fact that it is easy to take a picture of another person, scan it with the phone, and then log in to that user’s account. By using 3D pictures, we will raise the complexity significantly. When you need to have ears, eyes, and chin, from an angle, it gets much more complicated to manipulate. When we also add a skin scan, and maybe even an iris scan, the complexity and uniqueness will be at a much more satisfying level and your facial scan will be unique.

We will combine the facial recognition with a password, giving a more complete and extremely secure system where every face is unique and recognisable for the system.

ICO

The ICO will run for four weeks (from the 16th of December to the 13th of January).

Soft cap 4000 ETH.

Hard at 80000 ETH.

A total of 70.000.000 coins will be set for sale at the following prices:

Week 1: 1000 IDS/1eth.

Week 2: 850 IDS/1eth.

Week 3: 700 IDS/1eth.

Week 4: 600 IDS/1eth.

BIOMETRIDS ROADMAP

APIs and System

The Biometrids platform is expected to benefit other Blockchain and Cryptocurrency projects.

Aside from this, the financial sector, postal, wallets, and public sector will also benefit from the Biometrids project. A wallet developer will have to integrate the Biometrids API with their wallet and this will override the login process. This will translate to facial recognition login to wallets.

Ongoing branding and increasing awareness of Biometrids to develop an onboarding process for businesses. Further development of the product with continued bug fixing, new initiatives, and improvements to the user experience.

Stage 1

This stage will commence if we reach our softcap of 4000 Ether. In this stage, we will start building the groundwork for the platform. This involves getting facial recognition working, and allowing people to start creating their decentralised IDs. Password protection will be necessary in this stage. There will be no API integration yet, only a working system.

Stage 2

The start of the API integration will be developed. We will build the API and let other platforms adopt our system into theirs.

Stage 3

During this stage, we will evolve the platform to use nodes. These nodes will be used for identifying people in the chain. Nodes will earn interest for their contribution to the chain

Stage 4

API integration will be further developed. We will improve the API based on any feedback given from stage 2 and add more services to the API to further adopt the system.

Stage 5 and beyond

These next stages will remove passwords, so that all people need to access their account is their face. Investments will be made to get governments to adopt our system and have them integrate their local services into our solution.