Biometrids (IDS) ICO review
The Biometrids platform allows people to identify themselves to others using the face recognition built into their phones. By using an immutable distributed ledger, every person in the chain will be unique. One face means one ID, and every ID is unique. If you are recorded in the chain once, you will never be able to manipulate that ID again or copy the ID. This will prevent identity theft and scams, and will also ensure users are who they say they are.
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 Biometrids platform, 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 identificationWith
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.