IAME - a decentralized, identified network system built for the Blockchain ecosystem
Website: https://iame.io/
Facebook https://facebook.com/IAMEidentity
Telegram https://t.me/IAME_identity
IAME is a decentralized Identified network system built for the Blockchain ecosystem.
This system allows users in a Blockchain transaction to verify the identity of each other without having to disclose non-essential personal information to other parties involved in the transaction.
The achievement of this system by splitting information into parts of the data that can not be understood which is then distributed to many third party validators (independent) who verify the authenticity of each of these fragments.
The sum of these fragmented verifications is a complete identity verification. Only the original owner of the information will have access to this data in a holistic and meaningful way.
IAME
Identification System for Blockchain P2P Transactions
With functional IAME Network Identification, the main application will be the facilitation of P2P blockchain transactions, such as online merchant transactions. Taking into consideration a simple online purchase where customers purchase physical goods from online merchants with Cryptocurrency,
the amount of personal data communicated from customer to merchant can be split into two categories:
Important for transactions
Important information is the name and address that in the absence of transaction and delivery of goods can not happen,
Not important for transactions.
Nonessential information will include, for example, identity documents to proof of customer name, utility bill to prove that the address belongs to the customer, and the customer's special date of birth.
The logic behind the delivery of non-essential information is based on the necessary rules. But with an alternative identification system, the same objectives can be achieved without disseminating unnecessary information, reducing security risks for customers and reducing the burden of security breaches for traders.
In a P2P scenario, the merchant will consult a public repository of network IAME Identification to verify whether non-essential information associated with the address's customer blockchain has been performed on the identification network. This could be out of the basic settings or for its own level of comfort.
ReviewICO DetaillDistributionMilestoneTeam
ICO
The purpose of IAME's Early Coins Offer is to raise funds for the development and commercialization of the IAME Identification Network. ICO will be effective and will only involve two cryptographic assets, Ethereum and IAM Token.
IAM Token
To operate the IAME Identification Network, a functional token will be issued, known as the IAM Token, which will operate as a validation token to initiate a confirmation request for packet validation on the IAME Identification Network.
The party will spend the token through IAME of Network Client Identification and after deducting the equivalent blockchain hashing cost, which IAM token balance will be paid as a reward to third-party validators who operate the non-profit validation process.
This will associate not the value store to the token but the market value based on natural requests and bids for the identification process. The value of the IAM Token is, in essence, determined by 2 factors:
The cost of validation, which would be comparable to the financial cost of hashing the amount of data requested on the designated blockchain, setting the floor price for the token
Market demand, which will be comparable to the demand for blockchain identification based on IAME Identification Network
Because of the ephemeral aspects of data validation in the identification field, the demand market will remain repetitive and will only increase with the increased adoption of the IAME Identification Network.
Author: choky
Komentar
Posting Komentar