[ANN][ICO] Biometrids - ICO 19th of february - Decentralised and Anonymous ID - page 51.

Biometrids

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Activity: 126

Merit: 10

Biometrids Facial ID on the blockchain

Quote from: devilini on November 27, 2017, 07:29:54 AM

Quote from: nextwalker on November 27, 2017, 07:25:52 AM

How hard is it to develop systems like this? I know that Samsung, Apple and LG have verification systens such as these in their phones.

Yep, it requires a lot of R&D which these guys are raising money for. I don't see any info about technical team, so I think we should simply wait for topic update to understand how strong it is. Also, patents might be a thing here, not sure how well it is legally protected at the moment now.

Our developer Kiril Ganchev has a very strong knowledge of developing algorithms for facial recognition, and know how to build the system. He will be gathering a team, when we set of for building our stage 1.

When we run into things, that we could take patent on we will for sure do that. For now, we will be using existing technology, to build the first stages.

Biometrids

member

Activity: 126

Merit: 10

Biometrids Facial ID on the blockchain

Quote from: nextwalker on November 27, 2017, 07:25:52 AM

How hard is it to develop systems like this? I know that Samsung, Apple and LG have verification systens such as these in their phones.

We will be using the build in hardware in the phones, and then transfer the data to the smart contract in Ethereum.
The phones will take a 3d picture of the person, and make it into nodal points (numbers that represents the face)

It will take some time to develop this system, and thats why we are building it in different stages. take a look at our roadmap here: https://www.biometrids.io/index.php#biometrids-roadmap

Biometrids

member

Activity: 126

Merit: 10

Biometrids Facial ID on the blockchain

Quote from: nicolasbit on November 27, 2017, 07:22:29 AM

Should company or person join your blockchain first before doing the identification?

Yes, they should build their ID first, so they are stored in the chain.
Like everywhere else, where you need to have a user before using the system.

Biometrids

member

Activity: 126

Merit: 10

Biometrids Facial ID on the blockchain

Quote from: dayasinfo on November 27, 2017, 07:19:28 AM

How are you going to compete with Civic? Are they your direct competitor?

Civic would be our direct competitors yes.

But we believe we use a better system for identification. This is due to the correctness in facial recognition at the time being. There is 1:50.000 for a wrong users access your account by fingerprinter. With facial recognition this is 1:1.000.000 as it is today.

This will for sure evolve over time, as the facial recognition will evolve.

Biometrids

member

Activity: 126

Merit: 10

Biometrids Facial ID on the blockchain

Quote from: energycrypt on November 27, 2017, 07:16:27 AM

I think that you should join some blockchain ICOs that will be launched later next year to provide KYC services!

That sound like a good idea

ICOs and investors could benefit from our product, by knowing that the team is who they say they are, so this will for sure help people avoid ICO scams in the future.

Biometrids

member

Activity: 126

Merit: 10

Biometrids Facial ID on the blockchain

Quote from: hollybit on November 27, 2017, 07:09:55 AM

How identification might work in your system? Have you thought about systems architecture?

The user simply scans his or her face. Then the scan is made into so called nodal points. These nodal point represents the face as numbers.
These nodal points are stored in the smart contract when the user builds their account and then the system always knows who is who.

But over time the face changes, and here we are using nodes, to run or artificial intelligens. Which then can recognise people over time, even if their face changes. So they will interact with the right accounts.

Biometrids

member

Activity: 126

Merit: 10

Biometrids Facial ID on the blockchain

Quote from: MkrKing on November 27, 2017, 07:07:27 AM

What kind of dApps you are going to have on your platform?

We will not have dapps. We will build an API, which companies can implement to their sites.
This will allow different companies to identify their costumers within the Biometrids ecosystem. All transactions will then be on the biometrids platform everytime a company needs to identify a costumer.

Biometrids

member

Activity: 126

Merit: 10

Biometrids Facial ID on the blockchain

Quote from: seriosman on November 27, 2017, 07:01:10 AM

What kind of partnerships do you plan to make? Who are you target businesses?

We will do partnerships with different companies. This could be companies that are in need of identification of their users.
This could be companies as ebay, amazon, DHL, GLS, Hertz and Europecar. Also government could use our service, for online identification of their citizens. In blockchain it could be blockchain projects like banks and real estate. That needs to know their costumers, and their history.

So there are a lot of opportunities for partnerships,

Biometrids

member

Activity: 126

Merit: 10

Biometrids Facial ID on the blockchain

Quote from: Mops on November 27, 2017, 06:58:14 AM

I think biometrics such as fingerprint scanning would make a nice addition to your verification methods.

As it is for now, there is 1:50.000 for another fingerprint logging in to your account. With facial recognition, this is 1:1.000.000 as it is today. This number will increase over time, as the technology evolves.

Thats also the reason why we will put a password on account, so if someone should get access, they still need the password.

deort

member

Activity: 406

Merit: 31

Do you want to rely on facial recognition only?

nextwalker

full member

Activity: 406

Merit: 100

Quote from: devilini on November 27, 2017, 07:29:54 AM

Quote from: nextwalker on November 27, 2017, 07:25:52 AM

How hard is it to develop systems like this? I know that Samsung, Apple and LG have verification systens such as these in their phones.

Yep, it requires a lot of R&D which these guys are raising money for. I don't see any info about technical team, so I think we should simply wait for topic update to understand how strong it is. Also, patents might be a thing here, not sure how well it is legally protected at the moment now.

Yeah, you must be right, thanks.

devilini

member

Activity: 238

Merit: 10

Quote from: nextwalker on November 27, 2017, 07:25:52 AM

How hard is it to develop systems like this? I know that Samsung, Apple and LG have verification systens such as these in their phones.

Yep, it requires a lot of R&D which these guys are raising money for. I don't see any info about technical team, so I think we should simply wait for topic update to understand how strong it is. Also, patents might be a thing here, not sure how well it is legally protected at the moment now.

nextwalker

full member

Activity: 406

Merit: 100

How hard is it to develop systems like this? I know that Samsung, Apple and LG have verification systens such as these in their phones.

nicolasbit

full member

Activity: 308

Merit: 100

Should company or person join your blockchain first before doing the identification?

dayasinfo

full member

Activity: 294

Merit: 100

How are you going to compete with Civic? Are they your direct competitor?

energycrypt

full member

Activity: 364

Merit: 100

I think that you should join some blockchain ICOs that will be launched later next year to provide KYC services!

hollybit

full member

Activity: 252

Merit: 100

How identification might work in your system? Have you thought about systems architecture?

MkrKing

member

Activity: 322

Merit: 12

What kind of dApps you are going to have on your platform?

seriosman

member

Activity: 224

Merit: 10

What kind of partnerships do you plan to make? Who are you target businesses?

Mops

full member

Activity: 266

Merit: 101

I think biometrics such as fingerprint scanning would make a nice addition to your verification methods.

Topic: [ANN][ICO] Biometrids - ICO 19th of february - Decentralised and Anonymous ID - page 51. (Read 11821 times)