Project Good : BIOMETRIDS - Decentralized IDs that use blockchain to identify people

About Biometrids

Utilizing the Blockchain innovation, Biometrids is balanced at giving an answer for personality and distinguishing proof issues in all aspect of life. The progression in innovation has realized cell phones with facial acknowledgment by means of an inherent camera. Utilizing the facial acknowledgment abilities of shrewd gadgets, every individual will be facial perceived on the blockchain. Biometrids is endeavoring at making a "One Face, One ID" wonder. All it takes is just a solitary acknowledgment and there will not be a way to control personalities on the Blockchain. With this set up, there is a normal exceptional decrease in wholesale fraud.

website: https://www.biometrids.io

Use Cases

Static ID

The significant utilization of Biometrids is the making of a static methods for distinguishing proof that can never be controlled. With Biometrids set up, clients ID will be boycotted if such ID is utilized as a part of executing trick in any exchange. You can check the personality of any person before submitting your assets to the business. This will support your trust in alternate gatherings since your 99.9% beyond any doubt about the personality of the other party. With a static ID set up, an ID could never have the capacity to execute business after boycotting.

The Beneficial Features of Biometrids

The app can’t be manipulated, it is super reliable. No more scam cases
Secure and simplified car rental process
Enhanced package delivery process means that all the parcels can be delivered to the actual owner only after scanning of the receiver face
The last, but not the least is a significant decrease in the shadow economy and even better – its full expulsion

We got the solution to solve the Identity problem on the blockchain. Today we face a common blockchain problem, with the identity. KYC, that they are forced to by the government. Therefore we need a decentralized identity, that can help solve this problem.

PRE-ICO 25 nov. 5,000,000 coins available

ICO 16 dec. 70,000,000 coins available.

Name of the token will be IDS. There will be a total of 100,000,000 IDS.

5% will be sold in pre-ICO.
5% will be for bounties and advisors.
70% will be sold doing the crowdsale.
10% will be for team.
10% will be for foundation.

Pre-ICO will run for one week and the price will be 910 IDS / 1eth. The crowdsale will run for four weeks and prices will be:

Week 1: 665 IDS / 1eth
Week 2: 550 IDS / 1eth
Week 3: 500 IDS / 1eth
Week 4: 450 IDS / 1eth

Pre-Ico and crowdsale will run until end date, or until all coins are sold. The 10% for team and the 10% for 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.

Stage 1

This stage will commence if we reach our softcap of 4000 Ether. In this stage, we will start building the groundwork for the platform. This involves getting facial recognition working, and allowing people to start creating their decentralised IDs. Password protection will be necessary in this stage. There will be no API integration yet, only a working system.

Stage 2

The start of the API integration will be developed. We will build the API and let other platforms adopt our system into theirs.

Stage 3

During this stage, we will evolve the platform to use nodes. These nodes will be used for identifying people in the chain. Nodes will earn interest for their contribution to the chain

Stage 4

API integration will be further developed. We will improve the API based on any feedback given from stage 2 and add more services to the API to further adopt the system.

Stage 5 and beyond

These next stages will remove passwords, so that all people need to access their account is their face. Investments will be made to get governments to adopt our system and have them integrate their local services into our solution.

TEAM BIOMETRIDS