Traceto.io — KYC decentralized service
Each ICO and cipher exchange need to perform its own KYC to verify the user and prevent fraud. But this process is very expensive to build it from scratch and traceto.io token sale is aimed to help with this problem. They provide decentralized network of customer understanding (KYC) solutions for electronic money platform and decentralization. traceto.io token sale is provided by RegTech which has clients such as ICON, Kyber.Network, Bluzelle.
Traceto will integrate intelligent algorithms to maximize identity validation, such as facial recognition algorithms, to identify the differences between images. It is expected that the Traceto ecosystem will consist of four major dappers.
- Dapp for the user: This is the user interface that loads the repositories needed to perform authentication, then the confirmation document will be graded by the system.
- Dapp for service providers: This is an application for companies that provide services for receiving, evaluating documents, scores will be saved on the blockchain.
- Dapp for business: This is the interface that businesses use to validate customer information.
- Dapp for the community: This section allows members of the community to participate in the validation process of the user’s affiliate social network to become a confirmed service provider.
# Review of Traceto ICO #
Traceto ICO provides a hierarchical KYC network or know your customer, providing a diversified solution for businesses in electronic money space by integrating blockchain with automatic identity verification.
# ICO value proposition #
It is a hierarchical identification system that rationalizes KYC procedures. Cynopsis Solutions is the parent company, and it provides a software product called Artemis that is currently used in the cryptography of ICON and Kyber to implement anti-money laundering / KYC procedures for investors. private
# Strengths and opportunities #
ICO is not developed from scratch. There is an existing product that generates revenue and it comes from a successful company. More than 50 customers use Artemis in the cryptographic space, and this makes the application possible.
A promising collaboration in the works is with Kyber Network. This can help promote product acceptance.
# ICO INFORMATION #
The token are used to pay for KYC services in the system. Once used, the card is burned, reducing the supply.
There is not much information on the economic token, but the pre-sale bonus will not be high — only 5%. It means, that price will not be dumped when it goes into exchange.
Token name: T2T
Token type: ERC 20
ICO price: 1 T2T = 0.0647 USD (0.00009 ETH)
Hardcap project: $ 30 million.
ICO Time: 08/06/2018
Minimum Amount: 0.5 ETH
# Team #
The traceto.io token sale team includes experts from RegTech. They are well-trained, graduated from Singapore’s top universities including Nanyang Tech and NUS.
- Chionh Chye Kit — CEO and founder is a star, working at PWC and consulting for Kyber.Network. He is co-founder and CEO of Anti Money Laundering AML Software — one of the RegTech100 companies. He has 20 years of experience in financial and capital markets in Asia, primarily from working for Macquarie Group and ING Bank.
- Dias Lonappan — CTO and co-founder with a solid IT background with over 4 years of experience in blockchain.
- Dan Poh — CMO and co-founder worked for 3 years at Deutsche Bank. Also, have an experience at Barclays Capital and JPMorgan. Definetely, all the stars.
# CONCLUSION #
ICC traceto project is developed from products and customers are available, so the risk level is low, but the hype of the project is not high, it can be said that the project has short-term potential moderate Suitable for long term investors.
# LOOK FOR MORE INFORMATION #
Website: traceto.io token sale
Telegram: traceto.io
Ann bitcointalk: [ANN] [ICO] Traceto.io — Blockchain — KYC — A.I. — Compliance
# My bitcointalk URL : View the profile of phuocth.tp
Nhận xét
Đăng nhận xét