Diro -Decentralized Crowdsourcing Identity Access Blockchain

This would prevent fake or false profiles and reduce and inhibit identity theft. A decentralized system, too, would make it very difficult to attack or compromise the database unlike the situation with centralized databases which service as single attack vectors. Centralization would be deadly to this plan, as any disruption of the centralized database, whether intentional or accidental, would impact a tremendous percentage of services, including those that might be critical for life. Of course, centralization also raises issues when it comes to geopolitical and diplomatic concerns, decentralization skips entirely. The company strives to enhance cyber-security and solve the problem of identity theft. Diro believes it has a method to cryptographically authenticate documents, authenticate identification remotely, automate ever aspect of KYC (know your customer), and eliminate any risk people have of their identities being stolen.diro helps privent thease effort. This is a great opportunity to avoid problems with various fraudulent schemes, no one will be able to get hold of the information that is available in your contact list. Thanks to excellent protection and complete confidentiality, the DIRO project will be really in demand and interesting. Already today, many investors are confident of its future and are actively investing in the development of a decentralized platform. In addition, it ipossible to note one more unique feature of the DIRO project - the ability to find like-minded people, create incredible projects, and monetize your own ideas. You will have the opportunity to use platform tokens to create new projects

How Diro Decentralized Crowdsourcing Identity Access Works

diro Users can then tag those documents using a mobile number, which allows them to reuse the documents without revalidating them.Diro also uses crowd intelligence to operate as a contacts app. People with shared phone books will be automatically tagged, essentially using the people you know to verify your ID. These contacts will be updated and organized automatically and include privacy controls. Diro describes it as a social fingerprint that makes it impossible to lose your identification.Through Diro’s use of crowd intelligence can organize your contacts into mini-phone books. Users can have four different profile cards, making it easy to separate contacts into work and personal contacts. This also makes it possible for co-workers to all get on the same mini-phonebook. Diro is attempting to create a ‘web’ of identities that are confirmed and verified by mass consensus that the person exists and that their information is correct. Users would publish public directories, much like social networks that currently exist, except with the intention of validating these directories against each other. The directories or phone books that work for identification are limited to four types currently, Coworkers, Family, School and College. Others will update phone books with a user as a contact, and that user will get Diro Rewards (later converted to tokens) for validating themselves as members of that phone book. As more and more users validate the phonebook, it becomes validated. The person who set up the original phonebook will also receive rewards as users validate themselves as members. Diro would use these directories to create an identity score that would be based on factors such as the number of validated contacts in closer groups, the validity of those contacts, transactions recorded within Diro and legal verification through crypto-documents.

Cryptographic KYC

These claims can prove ownership to a bank account or a utility service with cryptographic validation through the SSL certificate captured. (IN Patent No. Universal original document validation platform , 2015) This can eliminate the need of citing original documents and linking it the Identity owner by needing to see him in person. Further this is more credible as the original documents can be tampered while the web captur e can be cryptographically trusted. Allowing such remote KYCs once and adding it as a verified claim could make the whole KYC process frictionless.

Diro Token ICO Details

The Diro website does not list dates for the company’s ICO. However, it does state that they plan to distribute 10 billion DiroTokens. Of that 10 billion, there will be three billion pre-mined DiroTokens that will be distributed to top investors, advisors, and team members. The remaining seven billion DiroTokens will be distributed to the first 500 million people who contribute to the platform.