IAME - The Identification And Decentralized System For Blockchain Ecosystems

IAME - The Identification And Decentralized System For Blockchain Ecosystems



 IAME - The  goal of Early Coins Bidding IAME is to raise funds for the development and commercialization of the IAME Identification Network. ICO will be slim and will only involve two cryptographic assets, Ethereum and IAM Token.
The IAME Identification Network is a decentralized identification system built for the Blockchain ecosystem.
This system allows parties in a Blockchain transaction to verify the identity of each other without having to disclose non-essential personal information to other parties involved in the transaction. The system achieves this by splitting information into parts of the data that can not be understood which are then distributed to many independent third-party validators that verify the authenticity of each of these fragments.
The sum of these fragmented verifications is a complete identity verification. Only the original owner of the information will have access to this data in a holistic and meaningful way.
How does identification work with the IAME system?
Since we announced our project to develop a decentralized decentralized identification system, there is much interest about what that technology is. We have asked questions about how technology works and see all the parties involved in the transaction. We are pleased to announce that we built two prototypes - one for identification and one for validation. You can personally involve them and see how they work by visiting a prototype identification and validation prototype.
In this prototype, we run through how the IAME-based identification function from the user's perspective.
What is DFI?
Decomposing decentralization is a method that utilizes the IAME system to rediscover the whole process of blockchain identification. With DFI, the data shared in this transaction becomes worthless, given that it was first split and then distributed among a series of independent third parties - we discussed the validation aspect of our system on our next blog titled, "Validate with IAME prototype". This third party is not affiliated with the party operating as a member of the transaction.
For now, it is worth mentioning that this third-party validator network is assigned to confirm and verify the validity of any pieces of this cracked personal data, which in itself is useless to the malicious party. The compilation of these fragments will be a valid identification for the other party of the transaction, thereby verifying the identity of the initiating party.
If you would like to know more, please visit our Website and read our White Paper. Feedback, comments, or questions can be asked directly to our team by visiting our Telegram Channel. For updates on IAME, you can follow us on Linkedin, Facebook or Twitter. Keep up with our series of blogs, for more recent news in the world of crypto and blockchain.
How does validation work with the IAME system?
Since we announced our project to develop a decentralized decentralized identification system, there is a lot of interest about what that technology is. We have asked questions about how technology works and see all the parties involved in the transaction. We are happy to announce that we have two prototypes and runs - one for identity validation and one for identification. You can personally involve them and see how they work by visiting a prototype identification and validation prototype.
On this blog, we run through how IED-based validation functionality from a third-party validator perspective.
What is DFI in the context of identity validation?
In our previous blog, we've been talking about how decentralized fragmented identification is the method used by the IAME identification system to rediscover the whole process of blockchain identification. With DFI, the data shared in this transaction becomes worthless, given that it was first split and then distributed among a series of independent third parties - This third party is not affiliated with the party operating as a member of the transaction.
It is important to point out that this third-party validator network builds on the idea and reason that the validation of identification by third-party validator networks is much more reliable and less vulnerable to fraud risk than the identification validation performed. by one agency or party.
After the user tries to break down and verify their identity, this fragmented data component generates a prompt sent to the validator platform where the specified validator is ready to take the task. This system includes a nonprofit approach, which means that validators are rewarded for their contribution. Many of the people we spoke to had questions about validators potentially manipulating the system for financial gain - do not worry! The IAME team has fixes for this.
To overcome the risk of third-party validators attempting to "system games", given that it runs nonprofit where third parties get paid to validate information, the IAME identification network deploys a symmetrical game model that uses the "tribunal validation" method, where consensus determines validation - the secondary tribunal comes into play if consensus is not reached at first and appeals are required. Therefore, no party has control over the identity validation process. Therefore, you can be sure to know that the unaffiliated validators of your identity are not only motivated but checked by our smart validation model.
If you missed our previous blog and want to know how the identification process works, click here.
If you would like to know more, please visit our Website and read our White Paper. Feedback, comments, or questions can be asked directly to our team by visiting our Telegram Channel. For updates on IAME, you can follow us on Linkedin, Facebook or Twitter. Keep up with our series of blogs, for more recent news in the world of crypto and blockchain.
Fore More Information:
AUTHOR: Vionaa
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1663173

Komentar

Posting Komentar

Postingan populer dari blog ini

LOCALCOINSWAP: THE SOLUTION TO CRYPTO-CURRENCY MARKET CRISIS

Gambar
LOCALCOINSWAP: THE SOLUTION TO CRYPTO-CURRENCY MARKET CRISIS http://www.localcoinswap.com/ WHAT IS LOCALCOINSWAP ALL ABOUT: LocalCoinSwap (LCS) is a decentralised marketplace which allows buyers and sellers to trade directly in any cryptocurrency using any method of payment. LocalCoinSwap provides a safe, uncomplicated and fast peer-to-peer (P2P) trading platform, allowing users to freely exchange without unnecessary verification requirements or waiting times. The platform utilises a secure escrow system that solves the inherent trust issues of online P2P trading. LocalCoinSwap is holding a crowdsale event of LCS Cryptoshares. Cryptoshares are a digital asset which will be used to facilitate distribution of all profits made by the LocalCoinSwap platform, in addition to all profits made by new business ventures under the LocalCoinSwap umbrella. Cryptoshare holders will additionally receive airdrops of new ICO tokens listed on the LocalCoinSwap platform. The plat...
Baca selengkapnya

Vаluеѕ, A Mеtаvеrѕе Rеѕеrvе Prоtосоl bаѕеd оn Pоlуgоn Nеtwоrk.

Gambar
  INTRODUCTION Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc. An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant’s database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct. About Metaverse Values is Metaverse Reserve Protoco...
Baca selengkapnya

Bitseries platform supports All the major currencies

Gambar
  A growing number of individuals are becoming aware of cryptocurrencies, and an increasing number of people are interested in learning more about them and figuring out how to become a part of them. When blockchain technology was introduced, a slew of things changed, most of them for the better, we believe. So many firms have improved as a result of this, and so many enterprises have begun to use cryptocurrency in their daily operations. Every day, there are fresh concepts to consider. People are eager to put their money into new initiatives. We have access to the most powerful tool on the planet, which is known as the Internet. The internet is a vast repository of knowledge that allows us to accomplish whatever we want. The Internet has brought the whole globe together. One of these projects is BITSERIES, whose primary goal is to enable users to conduct fast and secure transactions through their mobile platform. The Bitseries platform supports all of the major coins and tokens, as...
Baca selengkapnya