Welcome my readers to this wonderful platform. Today I am writing a very interesting project called TRIGID. This project seems more interesting after reading the whitepaper. The project has a very good concept. I know this project will get high success. Consider investing. I am very happy with this project. I will explain a few more details below about this great project to be easily understood by everyone.
TrigID is the first and only Internet-based way to show that a real-world human is who they say they are. It enforces "one person, one identity" and you can verify that real-world identity with real-world identifiers like driver's license numbers, SSN's, addresses, phone numbers... All without giving anyone those identifiers.
What's more, you can maintain a few passphrases in your head and use one or more of those to prove who you are to anyone, anywhere.
How is this possible? TrigID is a revolutionary, patent-pending "zero knowledge" validator of identity information inspired by geometric triangulation and its entire stucture is baked into public blockchain so it can't be hacked or faked.
This is the piece of Internet infrastructure that the world has been waiting for.
TrigID is a revolutionary, patent-pending “zero knowledge” validator of identity information inspired by geometric triangulation and its entire structure is baked into public blockchain so it can’t be hacked or faked.
HOW IT WORKS
TrigID uses a novel scheme, inspired by geometric triangulation. It takes common identifiers, encrypts them, then reduces their information content to 20 or fewer bits. This “mashing algorithm” makes what we call “Identity Vectors” that are really just arcs in a giant identity graph.
These arcs are no use by themselves. That’s why they can encoded into a public blockchain. One 20-bit Mash, for example, can represent more than 2000 possible tokens from identifiers of any type. That’s from the US alone, and it’s before third parties start adding things like medical record ID’s, tax file numbers.
TOKEN
ID tokens are a first-class TrigID crypto-infrastructure component. Each token can carry a set of "arcs" or "edges" – lines that connects facts in the Global TrigID blockchain database.
Think of these as the transactions in a database transaction log. When you transfer them, the ID transaction becomes part of the TrigID database. When someone wants to use the data, they parse the blockchain and assemble the TrigID graph the same way that a conventional database is assembled from a transaction log backup.
Sure, ID tokens carry value – but the value assigned to them provides economic incentive to build the global identity database. Holders who "spend" their tokens by putting arc data into them are rewarded with more ID tokens. This way the creation of the global identity graph can be crowdsourced.
$380 BILLION TOKEN ECOSYSTEM
Any worthwhile identity service depends on the integrity of stored identity data. To keep this data up-to-date and maintain its integrity, each service needs to be able to add to, or change, the details of identities they service. To do that, they must pass their updates via a curation service. They need ID tokens.
To work with a TrigID curator, these identity services will need a reserve of tokens. Rather than repeatedly buying them on the open market, it makes sense that they should transact with tokens where possible. So they'll encourage the people and organisations consuming those identity services to also transact using ID tokens.
This is a powerful and virtuous circle, and it's the reason that we think that ID tokens can become "the" store of value for the online identity services economy.
Any foundation store of value needs stability - something that has been sorely-lacking in cryptocurrencies to date. To ensure this stability, the TrigID economy will run a Market Maker and use the Token Generation Event to provide it with a large pool of tokens to work with.
This Market Maker will also provide Token Venture Capital to selected identity service providers and Token Aid to identity-focused care organisations. Contact us if you're a VC who'd like to help with this task.
ROADMAP
TEAM
SUMMARY
Dear reader, this is just a brief overview of the purpose, benefits and opportunities that can be gained from this innovative project. After reading this briefing, I am sure you will want to know more
For more information about this great project kindly click on the links below;
Website : https://trigid.org/
Bitcointalk Thread : https://bitcointalk.org/index.php?topic=4575756.0
Whitepaper : https://objects.trigid.org/whitepaper/Whitepaper_Version_1.2.pdf
ANN thread : https://bitcointalk.org/index.php?topic=4425004
Telegram : https://t.me/TrigID
Facebook : https://www.facebook.com/trigIDorg/
Twitter : https://twitter.com/TrigIDorg
AUTHORED BY:
Bitcointalk Username: Kcokoo2
https://bitcointalk.org/index.php?action=profile;u=2270442
Eth Address: 0xE9a3c6d8e79901243e5D1ADEC46d11F27E4E61d9
