Biometrids - Full ICO Review

What Is Biometrids ICO?

Biometrids has been developed for solving all the common identity and identification problems. The rapid and constant development of technology presented us the diverse super comfy in use gadgets that are featured with the facial recognition due to a built-in front camera. Using this option means that every individual is facially recognized on the blockchain. And Biometrids is aimed to bring us something fantastic which is called “One Face, One ID”.It works in such a way that just a single recognition is there. So it excludes the possibility of manipulating identities on the Blockchain. It sounds really astonishing, does not it? Just imagine all the positive consequences. Without any doubt, this innovation leads to the prominent reduction in identity theft cases all over the world using the Blockchain technology.

Biometrids’ platform is an online ID on the blockchain that uses machine learning for facial recognition. With facial recognition, it is possible to verify people are who they say they are. Biometrids solves one of the biggest issues today faced in the blockchain ecosystem and in life. Biometrids is a decentralised ID that uses the blockchain to identify people. The usage of the blockchain assures everyone is anonymous, but
still valid to conduct transaction with one another. By using the API connected to the Biometrids platform, any service can adopt our ID protocol into their system, and force people to use the Biometrids ID to improve the security of knowing the their customers are transacting with genuine people.

With Biometrids’ platform, it is possible to achieve the following:

Make sure that people are who they say they are.

Deal with impostors and prevent identity fraud.

Opportunities to identify themselves, even in countries where this is not possible at the time being.

Give people the ownership of their own ID.

Help blockchain services that faces the identity problem.

Make payments more secure and trusted.

Remove the middleman for identificationWith

Biometrids, the identities will be anonymous but still trusted. The system will give people who do not have access to an ID the opportunities to identify them. There are many countries where this
is a major problem. The Biometrids platform will solve the problem of identity and help prevent identity fraud, all this by using facial recognition.

How Biometrids Works?

The given platform is an online ID which is on the blockchain that in its turn uses the secure machine learning in order to recognize a user’s face and identify the individual instantly. In such a way, it is possible to verify identity super easily. In addition, the data are the most accurate.

One important fact should be added here, the thing is that this extremely helpful assistant saves the anonymity. Nevertheless, it is possible to conduct the transactions with one another. If to be more detailed, it is necessary to use the API which is connected to the Biometrids platform. As soon as this is done any desired service can adopt the ID protocol into its own system. Then it will be compulsory to use the Biometrids ID in order improve the security significantly. There is no need to worry anymore as there will be clear that the customers are transacting with real people.

The Beneficial Features of Biometrids

The app can’t be manipulated, it is super reliable. No more scam cases

Secure and simplified car rental process

Enhanced package delivery process means that all the parcels can be delivered to the actual owner only after scanning of the receiver face

The last, but not the least is a significant decrease in the shadow economy and even better – its full expulsion

All the team members, as well as the advisors of an ICO, will be forced to identify themselves. Moreover, they will be responsible for ICO failure if it happens.