ITRUE - INSTANT ACCESS TO CONTROLLED GAINS

Peaceful greetings of the universe, this time I will discuss about ICO or project ITRUE, thanks for taking time to read this article. Sampean Pancen Ngeten (JOSS).

Introduction

iTrue is a blockchain based platform which is providing decentralized and scalable solutions to the businesses where they can improve the security of their applications and bring security to their customers’ data. The aim is to enable everyone to have control over their personal data, how it is used and how to earn profit from it.

They are providing solution as Blockchain-as-a-Service (BaaS) with built-in authentication system to biometrics where enabling businesses to build secure and scalable applications. This platform rewards users for sharing their data and businesses for participating in the data and app marketplace.

Problem

The problem is in current centralized system which leads to failure many times where authentication data is stored on a central server which can easily be hacked or stolen.

Passwords are unsafe and inconvenient where users are being forced to use complicated passwords which sometimes make them too lazy that they use either weak passwords or strong one and it leads to unsafe.

Development of better authentication is very costly where enterprises spend almost maximum of their IT budgets in developing secure authentication methods to their systems and applications.

Here, users don not have control over their data where they did not know where his/her data is being used and it leads to misusing.

The plastic debit/credit cards are very expensive and unsafe for the environment.

Solution

The solution where iTrue is come up with the decentralized platform which reduces the risk of security breach and failure with the help of blockchain technology.

Instead of passwords they are using biometrics which is a faster and more secure system for authentication.

Here, enterprises can build iTrue authentication right into their apps where it reduces time & costs which makes easier user identification and authentication.

Users have full authority and control over their data, they are fully informed where their data is being used.

At last, they are providing cardless solution that does not rely on gadgets which can help reduce e-waste.

Token Sales Detail

The token economy ensures a fair and legal framework for exchanging and storing data, wherein users, developers, and businesses are rewarded for playing a part in the ecosystem

Token: ITU
PreICO Price: 1 ITU = 0.006 USD
Price: 1 ITU = 0.01 USD
Bonus: Available
Bounty: Available
Platform: Ethereum
Accepting: ETH
Minimum investment: 100 USD
Soft cap: 7,500,000 USD
Hard cap: 40,000,000 USD
Country: Hong Kong
Whitelist/KYC: KYC & Whitelist
Restricted areas: USA, China

ROADMAP

Follow our roadmap as we build our scalable solution with a brand new type of storage that leverages the power of both blockchain and database models, and is at full-capacity as per Turing completeness model.

Q2 – Q4 2017 - Identification of competitors and market analysis

Q4 2017 – Q2 2018 - Development of technical specifications, project architecture and a system of automated human face recognition

Q1 – Q2 2018 - Development of Stone storage: Fast and scalable like DB, immutable and transparent like blockchain

Q2 – Q3 2018 - Development of APIs to connect microservices with Stone storage

July 2018 - iTrue company registration in Hong Kong
GDPR took effect. iTrue architecture and its microservices are already designed in accordance with GDPR requirements

August 2018 - iTrue subsidiaries registration in India and Lebanon
Filing form D 506 exemption notice for submission to SEC, opening the token sale for US accredited investors

Q3 2018 - Development of mobile applications (iOS, Android) enabling the insertion of personal data to the blockchain network and face recognition for access to personal data

Token Sale
Q3 – Q4 2018 - Expansion to the Arab Maghreb Union, India and the CIS. Launch of 20 pilot projects in banking, insurance, surveillance, ecommerce industries

Opening iTrue community for third party developers; Opening the platform for third party microservices developers so they can build own microservices to expand iTrue platform functionality and community

Q3 2018 – Q1 2019 - Development of a payment system and an IDV system to verify citizens of India, Bangladesh, Russia, Lebanon and Qatar

Q4 2018 - Launch of the platform for Privacy Control and Data Sharing between Users and Clients. Users will be able to control their privacy and get tokens for its controlled data distribution to Clients

Q1 2019 - Development of 5 additional microservices to make personal life and business processes easier and safer, available for integration to the projects of iTrue platform third party developers

Launch the platform for third party developers of applications so they can use iTrue and third party developers microservices by building enterprise/consumer apps and getting tokens on selling apps to Business and Users

Q2 2019 - Launch of a fully-functional platform enabling Web 3.0 projects and DApps

Q1 – Q2 2019 - Expansion to the countries of ASEAN. Launch of 50 pilot projects in banking, insurance, surveillance, ecommerce industries

Q2 – Q4 2019 - Development of 20 additional micro services to solve day to day issues of Business and Users
Development of an IDV system to verify citizens of the China, Thailand and Indonesia

Team Success

Jack Cheng – CEO – For more than a decade, he has been a pioneering leader in fintech, asset management, entech, and distributed ledger technologies. In 2015, he introduced innovative token payment products into Hong Kong to ignite mass adoption. Jack is a recipient of the "Global Top 100 Most Influential Marketing Leaders" in 2016, and is currently involved in industry associations, such as the Beijing Z-Park Blockchain Industry Alliance, Hong Kong Digital Asset Investment Association, and Hong Kong CIO and IT Professionals Association.

Anton Gorozhankin – CTO – He’s having 15+ years’ experience in software architecture and product development, with expertise in payment gateways, billing systems, custom applications, and blockchain integration. Anton has outstanding skills in math and solving of non-standard tech cases. Technology vision and lead all aspects of architecture, software and product development.

Mikhail Podlinev – COO – Expert in project management, marketing, innovation, and conflict resolution. With a master’s degree in computer engineering, Mikhail has expertise in building solutions that include payment gateways, cloud platforms, mobile apps, and affiliate programs for clients.

Conclusion

ITRUE is a good ICO program.
Think business is pretty fantastic. It attracts people regularly.
Experienced and skilled cooperation is difficult to achieve.
We can build the ability to achieve goals.

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#DataMonetization
#GDPRCompliance
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#InformationSecurity
#DataLeakage
#Security
#ITU
#PrivacyControl