Solution for Your Identity Management With Blockchain Technology

by sw teritorial on 20.50 in btc, cryptocurrency, eth, ico, persona

What is Persona?

Persona is an platform who want to represents the solution for identity managemen, aligned with the latest data protection regulation . The Persona main goal is:

Leverage on identity management service
Protect individual Personal detail
Empower each person
Allow entrusted third parties which with private details
Prevent fake news
Streamline onboarding process

Persona Solution

Persona is desaigned as decentralized application with no single of failure, keeping all record encrypted. With KYC types, Persona will have to confirm the authenticity of documents and identity of the people apllying to be checked. The professional represent the process that an individual goes through when they engage any entity that requires an identity verification process. Persona is save to use, when registering with a provider, a physical presence of the individual is a prerequisite in order to share their data with the company. The mobile application’s security ia based upon :

PIN-based login
Optional fingerprint scan

And the web application’s security is 2FA Autentication.

Technology and Architecture

Blockchain Desaign

The Persona blockchain represent a DPoS system with 51 delegates which makes use of the ark technology. The Persona Blockchain that has the following characteristics:

DPOS blockchain with 51 delegateas forked out of the Ark blockchain.
The blockchain will be public and will feature interoperability with other blockchain troucg Smart Bridges.
Persona will integrate natively, at a blockchain level , an IPFS-like solution for sharing documents and files between users.

Onboarding and Data Transfer

The user onboarding represent s their first interaction with Persona. The onboarding will be done in a face to face manner, by a notary. A person can claim his/her own identity in the Persona blockchain by requesting a notary to check his/her details using the Persona Identity Dashboard web application or Persona Wallet.

Bussines Plan

Token

The token sale for Persona will take place following the phases ilustated below:

The seeded number of token will be 100.000.000. the price for one PRS token during the TGE is $0.2. the total allocation is:

70.000.000 PRS allocated for the TGE
15.000.000 PRS allocated for the team composed of the co-founders.
12.000.000 PRS allocated for the Persona Startup Fund.
1.000.000 PRS allocated for the advisors
1.500.000 PRS allocated for the bounty
500.000 PRS allocated for the escrow service

There are 70.000.000 PRS allocated for the TGE, split into one Private Sale and three-phase Public Sale, as explained below:

Use of Proceedings

The estimated income based on the Token Generation Event is between $9.3M and $14M( cryptocurrency equivalent). The split of the income for the first three years is planned as following: