IAME Identity ICO Review
|IAME Identity ICO|
|ICO start:||2018-11-01 00:01:00|
|ICO end:||2018-11-05 23:59:00|
IAME is building the first truly decentralised cross-blockchain identification system based on its proprietary sharding technology and consensus identification.Powered through individualised Identity DApp, IAME will be the first blockchain identification system that would enable the detection of suspicious activities or the isolation of potentially dangerous users.
Regulatory integration and mainstream adoption depend highly not only on the implementation of Know Your Client (KYC) but also Anti Money Laundering (AML) and Counter-Terrorism Financing (CFT) processes, which are difficult to conduct when all cryptocurrency transactions are anonymous and decentralised.
With our decentralised identification framework, we will allow cryptocurrency users to verify the identity of each other without having to disclose non-essential confidential information; and to make sure that they are not involuntarily involved in any illicit activity.
|“||October 2017 - Technology Conceptualisation: IAME: An Expert System for Blockchain Identity Verification
After 3 months of Research & Development, the technological architecture and development plan for the IAME Identification network was completed by the Co-founders.
January 2018 - Angel Investment: Many blockchain startups initiate an initial coin offering with just an idea in mind, the Co-fouders team spent months pitching toangel investors to come up with a viable development and go-to-market strategy, hence securing the necessary funds to kickstart development.
As at date USD 180,000 have been raised.
February 2018 - Prototyping: Two prototypes have been released – one for identification and one for validation. Through the prototypes, users can experience the identification and the validation systems that are being proposed by IAME.
March 2018 - iOS Proof of Concept: To show what the team is made of, a iOS mobile proof of concept is released. This proof of concept is actively being developed with new functionalities being added every week to reach a minimum viable product status.
March 2018 - Android Proof of Concept: Following the iOS Proof of Concept, an Android version is made available. This proof of concept is actively being developed with new functionalities being added every week to reach a minimum viable product status.
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