Traceto 

 Decentralized Network for Know Your Customer (KYC)

TELEGRAM | TWITTER | WEBSITE | WHITEPAPER

The essence of the project

Traceto is a decentralized digital identification system to optimize KYC procedures. Traceto's parent company, Cynopsis Solutions, offers a KYC software product called "Artemis", which is already used in crypto-space. They do KYC for ICON, KyberNetwork, Quantstamp, TenX, Eximchain, Refereum, Republic Protocol, Bluzelle, Gifto, Qlink, Electrify and more

Work System

Customers (eg ICO, Exchange, etc.) order KYC for your services and make T2T deposits for payment. Users when signing up for customer service are transferred to DAPP, which contains the correct information and is being tested. Furthermore, the identity of the service provider (Cynopsis) is verified. Artificial Intelligence (located on the C side of ynopsis, along with secure storage) analyzing tasks, checking the "black list", deviations from "norm" data and transactions. At the same time, users are verified through the community. This work is done by real people (verifiers), who receive tokens for it. In turn, to become a member of the community, you must have a token deposit on your own wallet. Remuneration verifier depends on the amount of work performed (verification), rating (reputation) and the number of tokens stored in his wallet. Trust in employees will be achieved through the training system and its ranking (rank lowered if the decision is rejected by appeal).

Constantly receiving information from the public, there is artificial intelligence learning - improves its function algorithm. Access and control of data will be controlled by the community. With open voting, the community will decide whether to grant access to the database to a third party or not.

Data is stored in secure encrypted storage, can be decrypted only by users or clients after receiving authorization from a minimum number of verifiers. The testers themselves never have access to the encrypted user data.

Traceto Ecosystem will deploy multiple DApps to facilitate the KYC network:

User DApp - provides users with an interface to access the Traceto network. The downloading process begins when the user downloads PII and passes the identification.

DApp Service Provider - allows service providers to check KYC information and update reputation indicators. Estimates will be encrypted and placed in block space. Cynopsis Solutions will act as an initial service provider after network rollout.

Corporate Requestor DApp - provides corporate customers with an interface to pay for requests from KYC users and update them after the deadline expires. It also offers access to public key users and KYC data.

Community DApp - allows community identifiers to conduct social audits of new users.

Tokenomik

A Token (T2T) will be required by the verifier, since to receive rewards for completion of the verification task, it is necessary to have a token (a certain number) locally in their wallet. It only takes customers to pay for the job.

With certain periodicity (under certain conditions) part of the token will be "burned". All unused tokens will be destroyed.

In total, 1 billion T2T tokens will be issued. Cost limit (Hard Cap): 35 ETH.

Token Distribution: 25% token is a command. 30% token - backup. 15% token is marketing. 40% token - sale.

Basic price: 0,0000875 ETH

Roadmap

Token Seil is scheduled for April 4 at 7:30 Moscow time on the GBX exchange. Testnet 3 + 4 quarters 2018. The service itself, maintenant should start work in early 2019 and reach full capacity by the end of 2019.

MY TEAM

MY PROFIL

FACEBOOK | TWITTER