iTrue ICO (ITU token)

itrue-ico

Instant Access to Controlled Gains with device-free iTrue technologies

ICO iTrue

Visit iTrue ICO site

PRE ICO Dates : 03/09/18 – 30/09/18
Upcoming ICO : 15/10/18 – 04/11/18

ICO rating

web site iTrue
web site iTrue
web site iTrue
web site iTrue
web site iTrue
web site iTrue
web site iTrue
ICO Traffic Rank by Alexa: 952182
Rank in IN – 266105,Rank in ID – 179382,Rank in BD – 56374,Rank in RU – 488646,Rank in UA – 142666,Rank in BY – 98336

iTrue’s blockchain-as-a-service platform enables applications to integrate authentication independent of passwords, gadgets and plastic cards — all through microservices as building blocks. But that is just one part of iTrue.

iTrue (ITU) token brings together individual and business users into a single ecosystem with unlimited opportunities for scalability, under a decentralized platform for identification and data storage.

The platform itself does not sell user data. Rather, it enables users, clients, and developers to benefit from sharing and utilizing data on the platform.

Developers can build applications that take advantage of microservices, such as identity verification and authentication. Users are informed about each request for their data, and they are rewarded when they participate in data-sharing activities.

Our primary service for authentication with biometrics can be the basis of projects by third-party developers who will be able to integrate their own features and solutions into the iTrue platform

Our platform provides:

– BaaS with an innovative stone storage that ensures high speed (read\write\search data) and increased capacity without detriment to security and privacy.

– IDaaS with biometric recognition and privacy control that helps authenticate users without the need of IDs, personal devices and cards and in full compliance with GDPR.

Current authentication systems are either too insecure or too inconvenient to use, thus perpetuating an environment of high risk.

Multi-factor authentication (MFA), biometrics, and other similar methodologies can significantly reduce the risk of such breaches, but are not being widely adopted.

The problem is user experience — MFA complicates and slows down the process of logging in, thus discouraging its adoption among businesses and their users.

In addition, users are reluctant to trust centralized authentication systems. For one, there is a prevailing fear that their data will be misused or misappropriated. Centralized systems are also prone to failure themselves.

There needs to be a solution that addresses privacy, security, and convenience. iTrue is the solution.

iTrue aims to make lives easier and safer through innovation

Our team has been building IT infrastructure for commercial and service companies since 2006. We have developed secure payment platforms and fraud monitoring systems that are compliant with industry standards such as PCI DSS.
More than a decade of experience in IT Security made us realize that a single point of failure can result in security breaches. These include theft of passwords, plastic cards, and mobile phones. Non-intuitive authentication methods are also slow and inconvenient, resulting in inadequate and inefficient use.

More importantly, we have encountered concerns about how user privacy is being violated when their personal data is traded or sold in the name of profit and supposedly improving access.

We have thus built iTrue not just as a solution for authentication, but also as a platform where other businesses can build their own applications, products and services. The core microservice is authentication with biometrics, which enables users to gain access simply by being themselves.

We are taking it a step beyond simple biometric authentication. With iTrue, we are ensuring that user data remains secure and private. Personal data is not stored on any centralized server or device, which significantly increases data security. Performance is not compromised, as we have developed a Stone Storage solution that ensures fast, decentralized storage through both blockchain and database.

Finally, our solution is centered around privacy – users have full control and ownership of their data, and this cannot be accessed by or provided to any third party without information and consent of the owner.

iTrue does not stop here, however. As our platform and users grow, we expect developers and enterprises to also grow with us – incorporating their own enhancements and improvements as iTrue microservices that can be used and shared by others.

Token value:

The ITU token brings together personal and commercial users into a single ecosystem with unlimited opportunities for scalability under a decentralized platform for identification and data storage.

The platform itself does not sell user data. Rather, it enables users, clients, and developers to benefit from sharing and utilizing data on the platform.

Contractors can exchange their own data with unique data inserted by other entities.

Users are informed about each request for their data, and they are rewarded when they participate in data-sharing activities.

Developers can build applications that take advantage of microservices, such as

identity verification and authentication. Enterprises can ask developers to fine-tune applications or build unique solutions for their businesses.