Loomia's project is a unique high-tech project with no strong competitors. They have the product poison of the project is to provide data of people wearing Loomia products on the database. The problem is how do they handle the security of user data?
Great question, As seen on page 1 of the whitepaper:
The app is completely serverless and leverages the blockchain for security and data integrity.
As well as Page 4:
The TILE has the capacity to support “multisignature”
identity verification schemes with
variable security thresholds. Low security: the
presence of your registered garments. Medium
security: the presence of your gait (accelerometer)
and perhaps some measurements of your
usual environmental conditions. High security:
biometric recognition.
If you would like to read more you can find the whitepaper here:
https://github.com/LOOMIA/loomia/blob/master/LOOMIA_whitepaper.pdf
