iTrue Blockchain Biometrics Authentication System Launches ITU Token
iTrue Combines Biometrics and Blockchain For DApps Development and Increased Privacy
iTrue Limited has just revealed that it is developing a remarkable platform to innovate how businesses create decentralized apps while significantly improving data privacy, as per the strict European GDPR. The iTrue solution will be deployed as a blockchain service with an inbuilt biometrics authentication system. It will support user authentication for developers and businesses, the creation of new blockchain networks and also reward earning opportunities for users after fair data exchange.
Jack Cheng, the iTrue CEO, says that the demand for highly secure and efficient authentication systems is quite high because of the increasing number of new companies that offer advanced online services like digital financial products. The core development team at iTrue has created a comprehensive solution that deals with the gaps in how these businesses utilize their client data. By combining biometric, blockchain and advanced database technologies, iTrue can enhance user authentication and privacy. Besides, developers can build a wide range of decentralized apps right within this ecosystem.
A Privacy-Centric App Building Platform
The CTO of iTrue, Anton Goroshankin, says that they have finally discovered a way of addressing the challenges of modern blockchain products through a strategy of combining database and blockchain. The result is that iTrue is a resilient and, scalable infrastructure where user data are secure from misuse or data theft. Other notable benefits that this ecosystem offers includes:
- Full control of private personal information
- Alerts on where your user data is currently being utilized
- Complete adherence to privacy regulations
- Businesses can integrate privacy controls in their decentralized apps
The Inclusive iTrue Token Ecosystem
The primary backbone of iTrue is its overall token economy that allows businesses, developers, users, and clients to benefit from their efforts of sharing data within the decentralized app marketplace. Through this platform, users can exchange data across other users, businesses and data providers that need it. Every participant gains ITU tokens as rewards, with the ICO private sale set to start in the next few days.
As part of empowering every user to gain control of their private data, iTrue will inform users how their data will be used and how they can earn from it. Besides, the platform will comply with the privacy regulations by telling users about every data request so that they can provide their approval. The iTrue system will support developers in creating solutions based around the critical factors of user privacy, safety, and security.
The iTrue platform has already agreed to have its biometric authentication service integrated into Trade Center Europa’s broad commercial network. The plan is for iTrue to give Europa better security while increasing user safety as they transact in one of the most extensive entertainment and shopping centers of Russia.