Decentralized ID (or DID) is a software schema and a Foundation geared towards protecting your ID on the Blockchain. DID puts your ID in your control by Decentralizing it. As of its launch in September 2017, DID comes with a working software schema based on mobile wallets and the Ethereum Network to show how ID verification can be performed on a Blockchain. DID also provides a draft proposal for how to achieve this and recommends starting a foundation to oversee how ID is being used/transferred in a Crypto-world. The project is working closely with a Government department to conduct a pilot study of putting National ID cards on the Blockchain.

Images

Screenshots taken 13 Feb 2018

ICO mark

7.3
Total Score
7.3
ICO PROFILE

ICO Info

General
Website: View
White paper: Read
ICO Time: 04 Jan 2018 - 14 Feb 2018
Country: UK
Token info
Ticker: DID
Platform: Ethereum
Available for sale: 16,800,000,000 DID
Financial
Price: 1 DID = 0.001 USD
Accepting: BTC, ETH, BCH
Soft cap: 15,000,000 USD
Hard cap: 75,000,000 USD

Milestones

Q4, 2017
SOFTWARE UPDATE & BETA LAUNCH


To launch the beta version of the DID app complete with a DID Login app and transfer facilities. Also, to finalize the app security and to develope further ways to store ID on a user's own device. To secure the Ethereum nodes in DID network.
Q1, 2018
P2P ID DEVELOPMENT & SCHEMA DEVELOPMENT

To develop and deliver a working schema of P2P ID verification. Study to be carried out in collaboration with a Govt ID issuing authority. We will also focus on other decentralized networks in the market to research the best network for ID verification and issuance.


THE DID FOUNDATION

In January 2018, DID will seperate from Torquesol UK Ltd and will form a foundation. The agenda of the foundation will be to protect people's IDs over a decentralized network.
Q2, 2018
NETWORK CALIBRATION REVIEW

While currently based on the Ethereum network, we are actively looking for a stateless Blockchain technology. We will review the available networks and come up with a proposal.


PARTNERSHIPS R&D, COMMERCIAL

The foundation will work with (a) Govt ID issuing authorities (b) Blockchain owners (c) Industry leaders to forge partnerships to take the DID manifesto forward. This includes studies, experiments, funding rounds and collaborations.

Team (8)

Blossom Maqbool
Development Team
Kaitlin Argeaux
Relationships Manager
Dolciebella Eliott
Blockchain Technology Enabler
Javed Afzal
FINANCIAL CONSULTANT & FOUNDATION ADVISOR
Audrey Friel
Liaison Manager
Sebastien Denis
PROJECT MANAGER & FINTECH MARKETS EXPERT
Sheikh Abdullah Naveed
CEO & CTO
Geoffrey Emerson
COMMUNICATIONS MANAGER & PRIVACY THOUGHT LEADER

Advisors (5)

Willian Bill Davis III
Former​ ​Chief​ ​Cybersecurity​ ​Officer​ ​Daopay,​ ​Global​ ​Payments​ ​(New​ ​York)
Kieth Kaplan
Tesla foundation - founder CyberSecurity, Robotics & AI
Joe Rubin
ARC Angels Fund
David Drake
Chairman LDJ Capital
Kevin Monserrat
Microsoft, Head of investments Microsoft London

Decentralized ID's News

Widget

HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE

Comments

ICO List
Other Interesting ICOs
Upcoming
Streamity
The key element of STREAMITY is StreamDesk decentralized application for exchange of cryptocurrency to fiat money without intermediaries on the basis of smart contracts. How does the exchange work? Cryptocurrency is blocked in the smart contract till the signal about crediting of fiat money to the seller’s account is received, being transferred directly between users. Fiat money and cryptocurrency are not blocked on the platform, which allows us to work legally in most jurisdictions of the world. Commission. The commission varies from 0 to 2% and depends on the purchased package with a set of benefits. Advantages. StreamDesk project is based on the sought-after mass service, and connection of new users will create a strong demand for STM tokens. Moreover, the tokens will be openly traded on the main crypto exchanges, and, through StreamDesk service, users will transform cryptocurrency into ordinary money as it is much more profitable, by ensuring access of new users to the service!
Upcoming
Auctus
Auctus is the world's first blockchain based retirement plan platform, which allows users to create diversified portfolios, consisting of traditional asset classes and cryptocurrencies. Auctus' mission is to empower the retirement saver and provide the information needed to take well-informed decisions by utilizing Ethereum smart contracts and robo advisory. The Auctus Platform is a global smart contract-based retirement and goal-based saving platform with specialized portfolio management services for traditional equity and bond investments, as well as cryptocurrency investments. The platform provides the user an aggregated view of all retirement savings, from government regulated IRA/401k plans, voluntary traditional retirement plans, as well as crypto wallets. Only by having this holistic view, well informed decisions and a professional long-term strategy can be established.
Active
Taylor
Taylor is an easy-to-use service that combines a cryptocurrency trading signal service with a mobile trading app where users can enter into automated trading opportunities.
Trading
Nebulas
Nebulas Rank, Our Innovative Ranking Algorithm allows easy access to valuable blockchain data.
Ended
VectorZilla
VectorZilla.IO is the world’s first blockchain based deep-learning (AI) driven royalty free stock graphics platform & marketplace built on top of the Ethereum Network.
Ended
Crowdholding
Crowdholding.com is building a platform that connects startups with the crowd by leveraging the Blockchain technology. On Crowdholding.com, startups have ways to co-create their products with early adopters, get help from experts, or even get crowdfunded. In exchange, startups will redistribute part of their future revenue to the crowd through YUPIE tokens and our fair revenue-distribution system. Our ultimate vision is to create a decentralized open-innovation platform to help early-stage products, from both small and bigger organizations, being co-created with their users.
Ended
Investy
Investy is a platform for decentralized investments, enabling investing in cryptocurrencies, funds, portfolios and individual traders in an accessible, transparent and safe way.The platform provides a trusted management marketplace for crypto investors where they may choose a trader or fund and be sure that those work results are authentic because it is blockchain recorded statistics. Choose a trader according to open ratings and earn together.
Active
FintruX
FintruX aims to make unsecured loans highly secure. Harnessing over two decades of experience serving the securitization sector, we apply cascading levels of credit enhancements to offer unprecedented risk reduction towards unsecured loans. Interest cost reduction is one of the most important motivations in securitization. It is often done via credit enhancement. We can apply the same principles to reduce the high interest rates normally associated with unsecured loans, making it attractive to both borrowers and lenders. Our goal at FintruX Network is to disrupt the way unsecured loans are being originated and administered. This innovative concept solves three major issues for small businesses, especially startups, to borrow from accredited investors and financial institutions. By applying credit enhancements, FintruX Network seeks to neutralize the lender's credit risk and, in the case of a default, provide cascading levels of insurances to cover the loss – thereby increasing the overall credit rating and lowering interest rates simultaneously. The four cascading levels of credit enhancement include over-collateralization as additional collateral, a local third-party guarantor, cross-collateralization as insurance, and FintruX ultimate protection reserve. A unique smart contract is generated and deployed by FintruX Network for each individual borrowing at real time to provide unambiguous, immutable, and censorship resistant records where no arbitration is required. In addition to simplifying the loan application process via instant matching, FintruX Network also provides borrowers with post-funding self-serve administration options such as refinance and prepayment. FintruX Network is a multi-sided marketplace and ecosystem that delivers value not just to borrowers and lenders, but also to third-party guarantors and specialized service agents. We are making borrowing and lending a no-brainer for both borrowers and investors.