The rate at which identity thief's has increase over the years is so alarming, the innocent internet user are subjected to all sort of data vulnerability,breaches, hacks and abuse etc while trying to access online services through login, paying for service or even giving out vital information.
The centralized traditional form of storing the user data requires a user to have account in all the services. To access these services the user needs to provide some form of identify like username or password to be able to authenticate and access the service again, As we have witness in the past some hackers fake these sites and prompt the user to authenticate on the wrong site thereby stealing their login information or the service provider data could be hacked and the user data will be catered away as we seen in the case of credit card hacks on some online shop.
Many solution exist to save the users from all above mention challenges but the existing solutions are not perfect as most of them are tedious and require the user to do the same thing all the time.
But How about a platform that will give the users control over their data using blockchain ? That's what NUGGETS are set to achieve; let's find out more about Nuggets and how they intend to achieve that
What is Nuggets
Nuggets is a consumer blockchain platform giving users a single bio-metric tool for login, payment and identity verification, without sharing or storing their private data on any centralized website
Watch Nuggets Intro Video
Nuggets servers as e-commerce payments and ID platform. The users can pay, login, or verify their identity simply by choosing the Nuggets option and validating their identity with bio-metrics without worrying about their privacy and security. It stores the user personal and payment data securely on the blockchain which will prevent data breaches or identity thief.
How Does Nuggets Works
Once a user has signed up to the platform, transactions become as simple as selecting Nuggets app and supplying biometrics in the app. No usernames, no passwords, no data to type in. The 5 step sign up process is easy and simple to do as follows:
- Sign up using biometrics (no usernames or passwords)
- Provide a photo ID
- Take a selfie, which is compared to the photo ID for verification
- Add a payment method, and enter the security code
- Tap VALIDATE
Also using Nuggets app to pay for service or verify your identity is easy and simple
What makes Nuggets different to other identity platforms?
No doubt Nuggets has numerious advantage over other platform in the following ways:
- No more using passwords or username,use your bio-metrics
- One time setup
- Single sign-on
- Privacy and security assured by leveraging the blockchain and data encryption
- Minimise regulatory exposure
- Reduce fraud
- Never have to share or store your data again
- No more data breaches
- Earn Nuggets Tokens to use with any participating merchant
- Pay, log in, and verify your identity with your biometrics
- Pay with existing payment methods or cryptocurrency
- And so many more....
Nuggets have scheduled their ICO for the sale of their NUG token you can participate and join in the PRE SALE @ 20% Discount
PRE SALE IS NOW LIVE @ 20% Discount. Visit https://nuggets.tokenhub.com/
Learn More About Nuggets:
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ETH Address: 0x7aF8B9bABC967C2E42A75eAcDa02D5Dea6F10938
Note: This is not a financial advice I am just sharing my personal opinion on ICO's. Do your own research before getting into any ICO. Investing in ICO is risky and you could lose your money.
Thanks for the review. I will check to buy the token