what is biometrids? Biometrids  platform is an online ID on the blockchain that uses machine learning for facial recognition. With ...

Biometrids: Using the Blockchain technology and Anonymous ID by Facial Recognition on the Blockchain

what is biometrids?

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. Using the Blockchain technology, Biometrids is poised at providing a solution to identity and identification problems in all facet of life.
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.
The advancement in technology has brought about smartphones with facial recognition via a built-in camera. Using the facial recognition capabilities of smart devices, each individual will be facially recognized on the blockchain. Biometrids is striving at creating a “One Face, One ID” phenomenon. All it takes is only a single recognition and there will not be a means to manipulate identities on the Blockchain. With this in place, there is an expected drastic reduction in identity theft.

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.

Use Cases

Static ID
The major application of Biometrids is the creation of a static means of identification that can never be manipulated. With Biometrids in place, users ID will be blacklisted if such ID is used in perpetrating scam in any transaction. You can verify the identity of any individual before committing your resources to the business. This will boost your confidence in the other parties since your 99.9% sure about the identity of the other party. With a static ID in place, an ID would never be able to transact business upon blacklisting.
Car Rentals
Never would car rentals be scared of giving out cars to client ever again. Biometrids allow the swift verification of customers for car rental service. This will allow for the checking of the past records of customers to determine the probability of getting the rented car back. All the rental service need with Biometrids is to scan the customers face to ascertain identity and records, then request for all the needed documents. When this is utilized with Slock.it locking solutions, there will be a fundamental change in car rental industry.
Package Delivery and Courier
Biometrids allows for the cross-checking of identity when delivering packages. Before delivery can be made, the courier personnel will need to cross-check the identity used during purchase against that of the individual that is to accept the package. Any deviation will mean the package will not be delivered. The mailman will have to scan the face of the individual accepting the package to determine it is been delivered to the actual owner.
A Safer and Secure Cryptosphere
With the increasing number of ICOs on a daily basis. There is a need to put in place a mechanism that will serve in cross-referencing of identities of the participant. This will actually bring about a responsible and interactive coin offering as being proposed by Vitalik Buterin and Jason Teutsch. With Biometrids in place, there will be a decrease in the creation of a shadow economy that is growing in value and worth. The team and the advisors of an ICO will have to identify themselves and be held responsible in the event the ICO fails.

Platform and description

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.

Identity fraud in numbers

The spate of identity theft globally has reached an epidemic level. There is a need to adopt an out of the box approach such as Biometrids in providing a lasting solution to this cankerworm. Between 2015 and 2016, there has been an increase in identity frauds both in monetary value and number of victims. In 2015, 13.1 million were victims of identify fraud, this figure grew to 15.4 million Americans. This translate to an increase in value from $15.3 Billion to $16 Billion. In 2016, a record of 421 billion data records was stolen. This is equivalent to 35 data records stolen every second.
The spate of identity theft globally has reached an epidemic level. There is a need to adopt an out of the box approach such as Biometrids in providing a lasting solution to this cankerworm. Between 2015 and 2016, there has been an increase in identity frauds both in monetary value and number of victims. In 2015, 13.1 million were victims of identify fraud, this figure grew to 15.4 million Americans. This translate to an increase in value from $15.3 Billion to $16 Billion.

UK identity fraud

Investors will have the opportunity to get a share of all of these transactions that will be going through the Biometrids Platform. Investors can run their own node on the chain, with only 10.000IDS.
When the system will be fully implemented around the world we would have upwards 100.000.000 transactions everyday with a cost of 10–40cents and a pay out of 90% for investors holding nodes.
In our PRE-ICO we offer 1330IDS for the price of 1 ether and in ICO the price will range from 600–1000IDS for 1 ether.
Help us build the future of identification and join our journey today!

Token Sale

Biometrids token will be known and called IDS.
There is going to be a total of 100,000,000 in existence and will be offered as follow:
  • Pre-ICO: 5%
  • Bounties and Advisors: 5%
  • Crowdsale: 70%
  • Team allocation: 10%
  • Foundation: 10%
The Pre-ICO of IDS will run for just a week a price of 1ETH/1330IDS, while the crowdsale will run for 4 weeks with the following prices:
  • Week 1: 1000 IDS/1eth
  • Week 2: 850 IDS/1eth
  • Week 3: 700 IDS/1eth
  • Week 4: 600 IDS/1eth
Pre-Ico and crowdsale will run until end date, or until all coins are sold.
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.

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.

Team

Morten Nielsen

CEO and daily leader.
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 Developer and 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.

jalone sapworth

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.

jana atonova

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.

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.

lgor Nokavic

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”.

Adivisors

michael Moller Nielsen

Financial Advisor

Michael has worked with auditing and tax, as well as specialized consultancy, for companies and individuals since 2009. This includes business development for the optimization of business process and strategy plans.
Michael has a Master of Science (MSc) in Business Economics and Auditing and a PBA in International Marketing and Communication, and is also educated in Marketing Management.

sabina Kethelz

Technical and Product Advisor

Sabina is the director and founder at C.I.P. Consulting Group.
An advisory board member at Shape Robotics and former CEO of CP Robotics, Sabina has a Master of Arts in International Business Communication and Strategic Entrepreneurship
contact
My ETH: 0xACE2d47039C296a158e6EE1827300e6B098B9B0B

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