We are building the online ID of the future that will solve the identifications
problems by using facial recognition.
A platform that brings decentralised and anonymous id
to the blockchain, by using facial recognition.
Using the Blockchain technology, Biometrids is poised at providing a solution to identity and identification problems in all facet of life. The advancement in technology has brought about smartphones with facial recognition via a built-in camera. Using the facial recognition capabilities of smart devices, each individual will be facially recognized on the blockchain. Biometrids is striving at creating a “One Face, One ID” phenomenon. All it takes is only a single recognition and there will not be a means to manipulate identities on the Blockchain. With this in place, there is an expected drastic reduction in identity theft.
White paper
The major application of Biometrids is the creation of a static means of identification that can never be manipulated. With Biometrids in place, users ID will be blacklisted if such ID is used in perpetrating scam in any transaction. You can verify the identity of any individual before committing your resources to the business. This will boost your confidence in the other parties since your 99.9% sure about the identity of the other party. With a static ID in place, an ID would never be able to transact business upon blacklisting.
Never would car rentals be scared of giving out cars to client ever again. Biometrids allow the swift verification of customers for car rental service. This will allow for the checking of the past records of customers to determine the probability of getting the rented car back. All the rental service need with Biometrids is to scan the customers face to ascertain identity and records, then request for all the needed documents. When this is utilized with Slock.it locking solutions, there will be a fundamental change in car rental industry.
Biometrids allows for the cross-checking of identity when delivering packages. Before delivery can be made, the courier personnel will need to cross-check the identity used during purchase against that of the individual that is to accept the package. Any deviation will mean the package will not be delivered. The mailman will have to scan the face of the individual accepting the package to determine it is been delivered to the actual owner.
With the increasing number of ICOs on a daily basis. There is a need to put in place a mechanism that will serve in cross-referencing of identities of the participant. This will actually bring about a responsible and interactive coin offering as being proposed by Vitalik Buterin and Jason Teutsch. With Biometrids in place, there will be a decrease in the creation of a shadow economy that is growing in value and worth. The team and the advisors of an ICO will have to identify themselves and be held responsible in the event the ICO fails.
With the advancement in machine learning and artificial intelligence, facial recognition can be utilized for identifying individuals. From childhood to old age, the contours of the face cannot change. Once registered on the blockchain, facial attributes remain static even with changes in age. Whenever a merchant, individual or government is trying to identify you, a request will be sent to your smartphone for identification.
The spate of identity theft globally has reached an epidemic level. There is a need to adopt an out of the box approach such as Biometrids in providing a lasting solution to this cankerworm. Between 2015 and 2016, there has been an increase in identity frauds both in monetary value and number of victims. In 2015, 13.1 million were victims of identify fraud, this figure grew to 15.4 million Americans. This translate to an increase in value from $15.3 Billion to $16 Billion. In 2016, a record of 421 billion data records was stolen. This is equivalent to 35 data records stolen every second.
The spate of identity theft globally has reached an epidemic level. There is a need to adopt an out of the box approach such as Biometrids in providing a lasting solution to this cankerworm. Between 2015 and 2016, there has been an increase in identity frauds both in monetary value and number of victims. In 2015, 13.1 million were victims of identify fraud, this figure grew to 15.4 million Americans. This translate to an increase in value from $15.3 Billion to $16 Billion.
| Tocken Nam | IDS | |
| Fixed Limit | 100,000,000 | |
| Pre-ICO price | 1ETH = 1330 IDS | |
| ICO Price | Feb1 - Feb 7 : | 1 ETH = 1000 IDS |
| Feb8 - Feb 15 : | 1 ETH = 850 IDS | |
| Feb16 - Feb 23 : | 1 ETH = 700 IDS | |
| Feb24 - Mar 3 : | 1 ETH = 600 IDS |
• The allocated 10% of the team and the 10% for the foundation will be locked up for three years.
• Every unsold coin during the ICO will be locked for five years. After five years, they will be sold back to early investors in a private fundraising campaign. They will not be sold on exchanges.
Investors will have the opportunity to get a share of all of these transactions that will be going through the Biometrids Platform. Investors can run their own node on the chain, with only 10.000 IDS.
When the system will be fully implemented around the world we would have upwards 100.000.000 transactions everyday with a cost of 10-40cents and a pay out of 90% for investors holding nodes.
In our PRE-ICO we offer 1330 IDS for the price of 1 ETH and in ICO the price will range from 600-1000 IDS for 1 ETH.
The Biometrids platform is expected to benefit other Blockchain and Cryptocurrency projects.
Aside from this, the financial sector, postal, wallets, and public sector will also benefit from the Biometrids project. A wallet developer will have to integrate the Biometrids API with their wallet and this will override the login process. This will translate to facial recognition login to wallets.
Discussion and market study
PRE-ICO.November 25 - December 1
ICO.January 29 - February 26
Getting adopted to exchanges
Beta version of stage 2.
Testing with community.
Releasing stage 2.
Starting to develop stage 3.
Community meet up.
Assembling of producnt and full test.
Partnering up with new services to use our API.
Stage 4 development.
Final release of Biometrids platform
Community meet up.
Concept development.
Finding solutions to build the system.
Setting up the foundation and hiring process. Starting to develop stage 1.
Beta version of stage 1. Testing with community. Creating design model and architecture for stage 2. Community meet up, where we discuss ideas current plans, future plans, and what happened since the end of ICO.
creating design model and architecture for stage 3.
Beta version of stage 3. Testing with community. Creating design model and architecture for stage 4.
Stages 3 release. Starting of stage 4. Community meet up.
Final release of Biometrids platform, for all partners to use.
Ongoing branding and increasing awareness of Biometrids to develop an onboarding process for businesses. Further development of the product with continued bug fixing, new initiatives, and improvements to the user experience.
This stage will commence if we reach our softcap of 4000 Ether. In this stage, we will start building the groundwork for the platform. This involves getting facial recognition working, and allowing people to start creating their decentralised IDs. Password protection will be necessary in this stage. There will be no API integration yet, only a working system.
The start of the API integration will be developed. We will build the API and let other platforms adopt our system into theirs.
During this stage, we will evolve the platform to use nodes. These nodes will be used for identifying people in the chain. Nodes will earn interest for their contribution to the chain.
API integration will be further developed. We will improve the API based on any feedback given from stage 2 and add more services to the API to further adopt the system.
These next stages will remove passwords, so that all people need to access their account is their face. Investments will be made to get governments to adopt our system and have them integrate their local services into our solution.
Morten is a crypto enthusiast with a deep insight into blockchain technology. He is passionate about new technologies and use cases, and is an entrepreneur who has built and sold a variety of online web shops.
He has great experience in sales, technology, and leadership. Morten is a problem solver, studying economics in his spare time.
Daniel is in the lead of business development. He is passionate about blockchain and business development and is an entrepreneur.
He is currently working as a Senior IT and Finance consultant. Daniel was previously the co-founder of a Norwegian subsidiary sports analysis and Head of Department in Denmark.
Kiril leads Algorithms. Kiril Ganchev has more than eight years of experience in image processing, computer vision algorithms, embedded systems, and periphery.
He has been working many years for Nokia and Microsoft projects, which have been successful and highly rated. He has also led a small, but highly skilled team of professionals.
Kiril studied Physics in the Sofia University “St. Kliment Ohridski” and has participated in informatics, math, physics, and astronomy contests.
Michael has worked with auditing and tax, as well as specialized consultancy, for companies and individuals since 2009. This includes business development for the optimization of business process and strategy plans.
Michael has a Master of Science (MSc) in Business Economics and Auditing and a PBA in International Marketing and Communication, and is also educated in Marketing Management.
