Concept Behind The iZAC Token Development

by Izac Coin Izaccoin

The following article provides some brief information about the new idea of crypto identity management.

In this article, we talk about the new concept of crypto identity management. The new solutions are embedding personal biometrics into token and storing within the iZAC Token blockchain. It is a revolutionary approach allow people to make a specific and personalized key to uses within the iZAC ecosystem. 

What the company is building a crypto identification management system based on the Etherumblockchain and embedded with your DNA, fingerprint, facial detail and eye scan. It creates an unbreakable bond between the token and the registered owner, you can think of them as digital keys and locks. Both the core and the lock combined into the same device. When you attempt to open the lock, it will compare your biometrics with that recorded within token to confirm your identity.

When the iZAC Token combined into the ethereum blockchain applications with your DNA the token can be personalized to either your whole family or you as an individual.   The key of iZAC Tokens a success lies in professional’s ability to encourage the iZAC community to develop an ecosystem of interested parties and companies to build the "Locks". These physical or digital locks will then encoded with the iZAC Token. 

At iZAC Coin they believe there is an answer to this problem, it uses a personal identity cryptographic token with that individuals’ biometrics entered as part of the encryption string created with the token. These tokens can be single-use or be a permeant fixture and premised on the core value for securing anything, being the need to know basis.  They bring to the table need of how to create a secure environment both for the individuals and companies to operate with a high level of confidence.  

It provides you ultimate solutions for blockchain identity management. Through the iZAC ecosystem, accounts will be created via nodes and recorded on the iZAC Token. All transactions recorded to a block, linked to the previous block, forming the blockchain of the iZAC Token. The iZAC Token uses smart contract technology developed by Ethereum. iZAC Tokens will be applied in the final token creation to include details such as subchain creation contracts, equity distribution, and security features.

The token concept is helpful to make a pool of identity management for government. By issuing different subchains, iZAC Token connects different types of nodes to apply to various scenarios. Due to the diversity of each subchain, there is an ever‐increasing need for many nodes online at the same time to meet different application requirements.   iZAC Coin does not provide any opinion on any advice to purchase, sell, or otherwise transact with iZAC Tokens and the fact of presentation of this whitepaper shall not form the basis of, or depend on the connection with, any contract or investment decision.

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About Izac Coin Junior   Izaccoin

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Joined APSense since, August 8th, 2018, From Canberra, Australia.

Created on Oct 4th 2018 01:48. Viewed 207 times.


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