Biometrids - Platform to Identification Face with Blockchain Technology in Your Smartphone

Blockchain technologies are an interesting technology, as they require the use of cryptographic keys to sign messages for each interaction. Interactions with blockchain-based systems require a usable public-key cryptography. At the current state of the blockchain technology, the management keys and usage of the wallets has been causing difficulties for non-technical users, creating an entry barrier. Further, a limitation currently being discussed in the market is the fact that distributed ledger technology can be an approach for stronger identification and authentication, but is not a real solution. People might be using faked ID cards, fake social media profiles, someone else’s fingerprint, or fake names.

Identification has been of great importance through centuries. Since the breakthrough of the internet, it has become even more important with verification of identities as digital identities was born out of the internet, and has become a daily usage. Digitalization of identities has not only changed the processes of verification, but also increased the complexity due to issues like identity theft, money laundering, financial crimes, hacking, terrorism etc. As a result, consumers and businesses grew accustomed to know their customers (KYC) and conduct more enhanced processes to verify the customers to ensure the security needed.

With the advancement in machine learning and artificial intelligence, facial recognition can be utilized for identifying individuals. From childhood to old age, the contours of the face cannot change. Once registered on the blockchain, facial attributes remain static even with changes in age. Whenever a merchant, individual, or government is trying to identify you, a request will be sent to your smartphone for identification.

Biometrids Identity Network

Biometrids provides the ultimate solution to identity verification problems. We aim to make stolen passwords, names, social security numbers, and more, a thing of the past. Utilizing the facial recognition capabilities of smartphone devices, each individual will be facially recognized on the blockchain.

Biometrids strives to create a revolutionary “One Face, One ID” phenomenon. It only takes a single recognition and no one will be able to manipulate identities on the blockchain. With this system in place, we expect a drastic reduction in identity theft.

Be A Part Of The Future

By using the facial recognition technology and combining it with the blockchain, we can make the future of tomorrow, today. The technology is here and the futuristic thinking of facial recognition is today’s thinking. We can use this technology to give people the opportunities to identify themselves, when they have not had the facilities available before. We can make safe payments and trusted deals, and even avoid fraud. All of this is due to a single scan of the person’s face, combined with a voting system. The Biometrids platform helps make identification transparent in a decentralised and anonymous way.

Biometrids platform will certainly play a big part of the future. You now have the opportunity to be a part of that outcome, so help us build the Biometrids platform, and invest your Ether to become part of the presented opportunities.

Current problem of identification on the blockchain.
For a suitable discussion about the current limitations of identification and authorization with a blockchain technology, we need to define how we interpret these definitions and thus aid understanding of how we work towards the solution in a later chapter.

Identification is the process of finding out whether someone (or something) is really the person he/she claims to be. Authentication is the process of proving something is true, such as a key or a password. The quality of authentication depends on the quality of identification and the protection against forgery

Statement For Investor

Our intentions are to be very open and communicative about this project, along with what is going to happen after the ICO. Therefore, we have listed our intentions and thoughts below.

What is important to us is to let the investors know that this technology will take some years to evolve. This project is not deemed to get success tomorrow. We have a lot of work that needs to be completed, like the adoption of phones with facial recognition. The day the adoption is in place, we will be ready to take a major step towards our own adaptation, which means we have developed the whole system and made it ready for the right time. This is why we need to raise money; the technology will be cost effective, but the reward from the project will be of ‘game-changer’ character. To be the first, you need to have the product ready at the right time and not just as soon as possible. That could mean that you need to develop the whole product and then keep it alive until the right time for launch. Keeping the project running will cost money, until the right time, which we have estimated to around 2019-2020.

As an investor, you might ask: “Why not wait until the right time, and then do the ICO?”

The answer is quite simple. If you already have the product at the right time, then your chances of winning the market will be much better and you do not have to develop the project in a market where there are many competitors. That means the project has a much better chance for success. It also means the development does not have to start when the market is mature, and the team will already be experienced in the products at the maturity stage.

Token Sale

Token Name : IDS

Total tokens : 100.000.000

Pre - ICO price : 1 ETH = 4000 IDS

ICO Price

19th Feb - 25th Feb : 3.000 IDS/1eth

26th Feb - 4th Mar : 2.600 IDS/1eth

5th Mar - 11th Mar : 2.200 IDS/1eth

12th Mar - 19th Mar : 2.000 IDS/1eth

The allocated 10% of the team and the 10% for the foundation will be locked up for three years.
Every unsold coin during the ICO will be locked for five years. After five years, they will be sold back to early investors in a private fundraising campaign. They will not be sold on exchanges.

Roadmap

Team

Morten Nielsen - Founder & CEO

Morten is a crypto enthusiast with a deep insight into blockchain technology. He is passionate about new technologies and use cases, and is an entrepreneur who has built and sold a variety of online web shops.

He has great experience in sales, technology, and leadership. Morten is a problem solver, studying economics in his spare time.

Daniel Broe - Business Development & Partnerships

Daniel is in the lead of business development. He is passionate about blockchain and business development and is an entrepreneur.

He is currently working as a Senior IT and Finance consultant. Daniel was previously the co-founder of a Norwegian subsidiary sports analysis and Head of Department in Denmark.

Jolene Sapsworth - Marketing Manager

Jolene leads the marketing department.

She has been working with marketing and communication in a big Danish company.

She has a PBA in International Marketing and Communication and is also educated in Marketing Management. .

Kirill Beresnev - Ethereum Developer

Kirill is the lead Ethereum developer and is an enthusiastic blockchain engineer with five years of experience.

Kirill has extensive experience in Ethereum and blockchain development.

Kirill has previously worked with Smartum Pro and Hyerledger Fabric.

Kiril Ganchev - Algorithme and full stack developer

Kiril leads Algorithms. Kiril Ganchev has more than eight years of experience in image processing, computer vision algorithms, embedded systems, and periphery.

He has been working many years for Nokia and Microsoft projects, which have been successful and highly rated. He has also led a small, but highly skilled team of professionals.

Kiril studied Physics in the Sofia University “St. Kliment Ohridski” and has participated in informatics, math, physics, and astronomy contests.

Jana Antonova - Graphic Designer

Jana is an experienced graphic designer and photographer, managing and coordinating graphic design projects from concept through to completion.

Jana is good at conceiving designs, as well as effectively building, motivating, and directing design and production.

Igor Novaković - Ethereum and web developer

Igor is an experienced web developer and Ethereum developer. Highly enthusiastic about new technologies.

Have a Bachelor's degree in Business Information Systems. Graduated on “Agile Software Development – SCRUM methodology”.

Details Information :

Website : https://biometrids.io/

Whitepaper : https://biometrids.io/#whitepaper

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

Twitter : https://twitter.com/biometrids/