iTrue aims to make lives easier and safer through innovation. Current authentication systems are either too insecure or too inconvenient to use, thus perpetuating an environment of high risk. Multi-factor authentication (MFA), biometrics, and other similar methodologies can significantly reduce the risk of such breaches , but are not being widely adopted.
iTrue is a Blockchain-as-a-Service (BaaS) platform with a built-in system for user authentication with biometrics and unmatched privacy controls. iTrue empowers enterprises and developers to build secure, stable, and extensible applications. With iTrue, individual users can earn rewards for sharing their data. Business users can also earn from participating in the data and decentralized app marketplaces.
iTrue addresses the age-old problem of blockchains that severely limit functionality and extensibility. With iTrue at the core, any kind of module can be connected through APIs, and such modules can be written with any programming language, unlike Ethereum, which is limited to Solidity and whose smart contracts rely on limited bytecode.
iTrue’s BaaS combines the advantages of blockchain and database, which results in fast processing speed and unlimited data capacity. This results in a robust search capability, which is unmatched by any blockchain solution today. There is virtually no restriction on the size and type of stored data, as there is no volume increase in geometric progression with the addition of any new block -- a limitation that restricts existing blockchains.
What Solutions Does iTrue Provide?
iTrue addresses three major pain points for three main groups of people.
For developers: iTrue gives the ability to build decentralized applications on top of the iTrue blockchain and Stone Storage solution. Apps and smart contracts can be written in any programming language. Stone Storage provides unmatched processing speed and data capacity, overcoming the transaction and storage capability of purely blockchain solutions.
For users: iTrue gives complete ownership and control over their personal data. Biometric authentication gives seamless access without the need for devices or gadgets.
For businesses: iTrue provides improved compliance to privacy regulations like GDPR. Through the data and app marketplaces, business users can either gain access to meaningful data, or earn by building decentralized apps.
What Makes iTrue Unique?
For users, iTrue is a personal gadget-free technology, which means authentication can be done without the need for a smartphone, key, or even a password. This gives seamless hands-free access to services, unhampered by cumbersome devices, whilst still protecting a user’s security and privacy.
For businesses and developers, iTrue’s Stone Storage offers unprecedented processing speed and data capacity, which leads to a robust search capability while providing high levels of security and privacy to user data.
Why Should I Invest in iTrue?
The ITU token economy brings together individual and business users into a single ecosystem with unlimited opportunities for scalability, all under a decentralized platform for identification and data storage. By investing in the ITU utility token today, you can have an early advantage in the ITU token economy and access controlled gains whether as a business, a developer, or a user.
Identification of competitors and market analysis.
Development of technical specifications, project architecture and a system of automated human face recognition.
Development of Stone storage: Fast and scalable like DB, immutable and transparent like blockchain.
Development of APIs to connect microservices with Stone storage.
iTrue company registration in Hong Kong.
GDPR took effect. iTrue architecture and its microservices are already designed in accordance with GDPR requirements.
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.
Development of mobile applications (iOS, Android) enabling the insertion of personal data to the blockchain network and face recognition for access to personal data.
Development of a payment system and an IDV system to verify citizens of India, Bangladesh, Russia, Lebanon and Qatar.
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.
Launch of the platform for Privacy Control and Data Sharing between Users and Clients. Users will be able to control their privacy and earn on its controlled data distribution to Clients.
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 earning tokens on selling apps to Business and Users.
Launch of a fully-functional platform enabling Web 3.0 projects and DApps.
Expansion to the countries of ASEAN. Launch of 50 pilot projects in banking, insurance, surveillance, ecommerce industries.
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.
Price in ICO1 ITU = 0.01 USD
Tokens Distribution60% - Sale
22% - iTrue Foundation
10% - Team
7% - Advisors
1% - Bounty
Soft cap7,500,000 USD
Hard cap40,000,000 USD
iTrue Limited , CR No. 2730420 , Unit 1503, 15/F, Tung Seng Commercial Building, 69 Jervois St, Sheung Wan, Hong Kong