Real world issues like when you are lying at the ER on an operating table without medical records are some of the issues you face daily. Additionally, you might want to know that the person to whom you send money is the real owner of that vehicle. Besides that, you will want to know whether the person giving your advice is a qualified counselor. Lastly, you might want to know that your vote on Election Day really counted.
The TrigID Solution
TrigID aims to be the first and only internet-based mechanism that will resolve real-world issues to do with identity. With this platform, the one-person one identity will finally become a reality. With this platform, it will be possible to associate an online identity with real-world objects such as SSN’s, phone numbers, license numbers, and all that without having to give up your privacy. With this platform, you will be able to master just a few passphrases, which you can use to prove that you are who you claim to be to anyone.
To achieve this, TrigID will utilize a new patent-pending technology they have dubbed “zero knowledge.” The technology will work to validator user information that is inspired by a geometric triangulation. The whole structure of this technology is powered by a public blockchain. As a result, this makes it immune to any hacking attempts. This is exactly the kind of technology that the world has been looking forward to having.
TrigID Blockchain Digital Identity Verification Database Services
The current KYC is not very robust. For instance, if you get a license plate from someone, the TRigID will tell you it is really him or her. You can then ask the person for some personal information that they should know off-head. This could be a phone number or their secret TrigID phrase. If this happens to be true, TrigID will verify this to be a fact.
Besides that, you can talk to the person via video and verify their face or their voiceprint. TrigID will make it possible to have just one repository of KYC data that uses a federated query to identify users.
An organization that is tasked with dealing with money laundering can be used to maintain a private identity graph. This one-person one identity guarantee will make it easy to match data and ensure that KYC data is more valuable.
Crime And Terrorism Prevention
The Universal Identity Graph developed for this project will make it harder for criminals to hide what they do. This graph will not tell law enforcers anything new. However, it will make it easier to utilize what they have.
The anonymity possible with Identity Graph will mean that law enforcers can make anonymous alert mechanisms available to their agents. They will make this mechanism with the knowledge that they will not be leaked to suspects.
TrigID ID Token ICO Details
- Pre-ICO Date: June 1, 2018
- TGE Date: September 3, 2018
- 31,000,000 – Token Sale (estimated)
- 5,000,000 – Advisors
- 15,000,000 – Retention and Hiring Incentives
- 949,000,000 – Curated ID Program
- 1,000,000,000 – Market Maker
More than two billion adults in the world are unbanked. They do not have access to banking services and it means they cannot borrow money. If they want to buy a house or save money, it is simply not possible. TrigID will give this person an ID, which will help them acquire banking services.