Category : Crypto Exchange
TruWho users will have the peace of mind knowing that their documents and information are stored in a trusted, secure US-based company. If desired, they can easily revoke or destroy access to their information. There are plenty of services that offer KYC, but none of them provide complete transparency and efficiency. Keeping this limitations in mind, Truwho — A blockchain based platform is trying to change the way KYC as a service is performed and offered.
It offers different levels of verification, from “bronze” to “diamond.” It created a revolutionary system that is flexible enough to meet users’ needs. We provide our partners with one of the most cost effective solutions, partners recieve the lowest prices for fraud and KYC due to our unique resuable identity platform.
You can then use the TruID to log in securely without any need to send private information to third parties, so you do not need to reveal your identity. You get to choose what information you share, deleting or hiding anything you want via the portal. TruID works globally, so you do not have to worry about extra steps when working with international businesses. Essentially, TruID is a virtual identification that gives users complete control. Truwho aims to provide a solution that allows for protection and verification online, specifically by providing users with a single online ID to protect their identity.
In the Truwho ecosystem, there’s a vault that will be used to store sensitive information and documents. For data security, the vault utilizes end-to-end encryption which ensures that only the owner can access it. Each file has a 256-bit encryption which tests for security and any 3rd party penetration.
The ecosystem has a variety of options such as anonymous registration and controls used for efficient data management. It allows users to manage their identity while minimizing the cost for individuals and businesses.
As a customer – no more long waiting periods or re-gathering and submitting your documents. As a business – faster onboarding, increased trust, and built in friction-free user base. Natively offering multiple levels of verification from Bronze all the way up to Diamond, we have developed a robust system that remains flexible enough to meet your needs. Truwho was envisioned as the solution to address numerous voids in the current state of the Know Your Customer (KYC) as a service model. This vision centered around building an entire ecosystem with a focus on empowering the customer in all instances of verification and identity protection.
Its vision is to establish an ecosystem focusing on empowering clients in every instance of verification and identity protection. There is a total supply of 600 million WHO tokens, with 450 million available via the ICO. In addition to buying tokens during the ICO, you automatically receive tokens upon registering with Truwho.
The Vault also directly integrates with TruID, so it is easy to share files in the Vault via your TruID. Your personal Vault lets you store sensitive information, files, and documents, all using the highest security levels. The Vault uses end-to-end encryption https://cryptolisting.org/ to secure data, meaning that you are the only one who has access. There is 256-bit encryption on every file, as well as testing for security and third-party penetration. You can also categorize your data with the Vault, deleting or revoking it with ease.
While Truwho does have ties to Dropil, it is a separate entity and documents and information submitted to Truwho do not pass directly to Dropil. When linking your TruID to your Dropil account, the only information passed to Dropil is your TruID number and your Truwho verification level. Since Truwho involves sensitive information, the ecosystem makes security a priority. You can verify everything via the blockchain ledger and get to take advantage of bank-level encryption to know your information is safe.
There is a full Truwho ecosystem that runs on WHO tokens, with the ICO about to start and the presale finishing up at the time of writing. The Truwho ecosystem was created to improve upon the existing KYC systems. This ecosystem empowers customers while protecting and verifying their identity. Everything remains under your control via the private and secured TruID portal. The ecosystem has everything you need to use your TruID, including anonymous registration, private storage, and controls for data management.
Truwho – Partner KYC Services for Business – Тривалість: 82 секунди.
Transactions just cost a fraction of a penny, while those who participate in the ICO get a prefunded XLM wallet with free transactions for life. Both partners (businesses) and users will utilize the WHO tokens, which serve many functions. The ability to buy more storage or upgrade to unlimited storage will be coming soon. There will also be future integration with other services, including Dropbox and Google Drive.
The vault also allows one to create a shareable link that can have an expiration date. TruID is customizable and one can easily set the data that they want seen when online. One can also create more IDs with different amounts of information for different purposes. There are up to five levels of verification which are designed to ensure total security when online. TruWho provides “Anonymous Verification,” enabling participating partners or peers to see if individuals have been verified by submitting non-identifying information to the third party.
A Complete Ecosystem
Your sensitive identification information such as your personal ID, passports, and home address are stored by numerous parties all over the world while you retain no control over them. Simply because a company is great at offering a trading exchange, does not mean they are experts in storing sensitive verification documents. TruWho aims to remedy this and many other issues facing the handling of identity verification in a secure, tech-forward solution. TruID and WHO Token will become essential tools for both B2B and peer to peer groups when looking to verify, transmit or secure sensitive personal information. With a TruID you will be able to sign into multiple partner platforms with a single username and password resulting in instant verification.
Contact for Partnership
When you set up your TruID, you can create a public one that shows whichever data you choose to include. There are five levels of verification, and you can quickly share your status with TruID for verification. We built an entire ecosystem around empowering the customer in all instances of verification and identity protection. The office of this ICO is based in Malta and its team consists of 14 people.
Putting the power of your identity back in your hands while still lowering the cost for both businesses and individuals. Removing friction for users and businesses alike, TruWho is a platform full of features you will wonder how you ever lived without. With services all over the world requiring AML and KYC data from their customers, the end result is the same.
- Simply because a company is great at offering a trading exchange, does not mean they are experts in storing sensitive verification documents.
- Putting the power of your identity back in your hands while still lowering the cost for both businesses and individuals.
- Removing friction for users and businesses alike, TruWho is a platform full of features you will wonder how you ever lived without.
- TruWho aims to remedy this and many other issues facing the handling of identity verification in a secure, tech-forward solution.
- With services all over the world requiring AML and KYC data from their customers, the end result is the same.
- Your sensitive identification information such as your personal ID, passports, and home address are stored by numerous parties all over the world while you retain no control over them.
Truwho is redefining the world of online identities and verification. ICORating receives monetary compensation from the rated entities for completing the ratings reports available on iсorating.com and/or for listing their projects on icorating.com. ICORating does not endorse or recommend any of the projects that are rated or listed on icorating.com.
This site cannot substitute for professional advice and independent factual verification. Trademark “ICORATING” is registered under international registration number and legally protected in the European Union.
Truwho is online protection and verification solutions platform based on the blockchain system. Truwho provides a system of supporting products and features of a single company, securing all the products and utilities which can be linked to verification organization. Truwho uses the platform which can identify fraud and bad actors and is imperative across a broad spectrum of business including crypto-centri operations that seek to move towards regulation and compliance. There are five levels for verification, each of which enhances the strength of your TruID. As you move up to another level, you further prove your identity while building trust.
Upon creating a Truwho account, users will be prompted to complete differing levels of identity verification. Once a user has completed Bronze verification, they are assigned a unique TruID number. After completing Gold verification, users may tie their unique TruID to a Dropil account from within their Dropil account settings making them eligible to withdraw their profits. Truwho utilizes blockchain technology to provide users and businesses with a secure method of verifying identities without having to actually share the information.
Those who achieve a higher level of verification receive more tokens for this process. Following the end of the ICO, the WHO token will be listed on exchanges. Our team continues to adopt new partners to our TruPartner platform.
TruWho is radically updating the “Know Your Customer” and ‘“Anti-Money Laundering” as a service model as we know it today. We are making online identities more intuitive, advanced, and secure, and putting the power of your identity back in your hands. Users may make deposits and utilize the Dex system without conducting KYC/identity confirmation.
Everything is accessible online, so you can access it from anywhere. Every user also gets their own Dedicated Vault for the utmost security without sacrificing convenient access. TruWho was created in order to help improve the existing KYC systems. The platform empowers consumers while helping them verify their identity. The TruID portal is secure and users have complete control over their private information.
Online Protection and Verification Solutions
The WHO token and TruID will become necessary tools for P2P and B2B groups when looking to transmit, verify, and secure sensitive information. TruID enables users to sign into various partner platforms with one username and password, truwho resulting in quick verification. No more re-gathering and submitting of documents or lengthy waiting periods for customers. It also offers increased trust, quicker onboarding, and built-in friction-free user base for businesses.
While dramatically different, both offer massive value to the crypto space as a whole. While we feel there are a number of great teams supporting both sides, as mentioned, we feel there is a serious need for improvement in the KYC sector. One of the main goals of pushing for regulation in crypto is to support mass adoption, and in pursuit of this end, it is paramount that regulatory solutions be as friction free and secure as possible. This is far from the case currently, and a major base where https://cryptolisting.org/coin/snet/ offers a significant step forward.
Users can get a TruID to use as a way to verify their identity, and the official ICO begins in mid-October. TruID is a verified status that one can use as their identity when online. Since it will be built on blockchain, one can use TrueID to log on to sites in a secure manner without the need to verify their ID using third parties. Since TruID is built on a global scale, one can conmfortably use it when transacting across borders.
The onboarding process for Truwho is simple, including a signup bonus for new users plus a network that already has verified users. Thanks to the uniqueness of this reusable identity platform, Truwho gives partners low prices, both for KYC and fraud. Truwho platform seeks to provide verification and online protection using a single ID. The project aims at providing users with a single ID to use when online. Truwho intends to raise funds for the TruID project through an ICO that will be carried out in mid-October 2018.
The platform also uses two-factor authentication for an added layer of security. When using the WHO token, there are nearly instant transaction times thanks to the use of Stellar Lumens (XLM).
More Than Just KYC
To withdraw any amount of Drops beyond what you have deposited (any Drops accumulated from Dex) a eb3 coin price in inr link will be required. This is done to ease onboarding and allow users to begin utilizing Dex while waiting for their KYC to process. Users will still be able to utilize other Dropil features such as Arthur and Max without completing KYC. The solution to ensuring long term scalability and sustainability involves more accurately tying the value of Drops to its related currencies. By preventing users from opening and using an unlimited number of accounts, it helps prevent manipulation by bypassing the 90-day timers placed on withdrawals.
While we understand the requirement may be off-putting to some, we believe that this route best serves the interest of our business and platform stability at this time. Anyone who can successfully create a TruID and become Gold verified is eligible to use Dex.
Build the strength of your TruID with multiple verification levels. Each level further proves your identity and builds additional trust.
Eliminating the friction for businesses and users alike, the TruWho platform is full of essential features. With services worldwide requiring KYC and AML data from their clients, the end result is similar. Sensitive identification information such as passports, ID, and home address are recorded by several parties while the owners retain no control over them. Just because a firm is great at providing a trading exchange does not mean they are experts in keeping private verification documents. TruWho seeks to address that and several other problems concerning identity verification handling in a safe, tech-forward solution.