[ANN][ICO] Biometrids - ICO 19th of february - Decentralised and Anonymous ID

[Prk_7]

ı see tons of questions here today but Biometrids Thread Admin or devs. are not really responsive. If you open a thread in bitcointalk and if you want to be succsessful, you must be daily active as admin or dev.

I agree with you mate, if the project has potential and people are ready to invest but the devs are not responsive everyone loses their interest in the project. It should be a two way thing, this is what makes a community grow stronger

[ResuLT]

Very long term project, released in Nov but host ICO in Feb, I salute to the team because this project has so much preparation before raising fund.

Why not? In case you don't know, there is a project that has been long before the ICO than this project. So we cannot say that this project is a completely long-term project.

[BranZolt]

I think this project is doing a great job unlike many other projects in the minimum investment is 0.1 Eth which is really small in investing and will help gather more investors and grow

[Doctor-Coin]

If I would like to set up a master node from biometrics. Do I need to invest to activate my nodes? Because what I want is to test only the master nodes without investing from my pocket.

LoL, it there is a way like this, I also want to test the masternodes to see the ROI, but I do not really think that they are gonna let us test, unless we  pay for them before we test 

This is not a platform for biometrics and it is Biometrids also we do not deal with masternodes. It is a platform that brings decentralized and anonymous id to the block chain, by using facial recognition.

yeah the platform is Biometrids and you can ran your own nodes if you have 10.000 IDS.

But why should we have to invest in this project? Do you have already a working product without bugs?

Most of the people have their own opinion to invest in a project, whether to use it or just take profit. Thus, they cannot explain why we have to invest.

whether to use it or just take profit; in both situation you have to do your search about the company before you invest. Or are u just investing 50-100 USD like in gambling to see if it works or not? If its like this and you have play money its OK. But if an investor invests 10 ETH then he should have to do a good search about the company and in these kind of projects its important if the company has experience, already programmed those kind of software or they have already a prototyp product which is working ...

[UpsilonTrooper]

I think this project is doing a great job unlike many other projects in the minimum investment is 0.1 Eth which is really small in investing and will help gather more investors and grow

Well that's still a nice $100 or so in ETH. I've see $5 minimum investments for a lot of ETH based ICOs like this imo it's still pretty high but better than 1 ETH minimum

[frenkelebre]

Not every mobile phone has the ability to do facial recognition, maybe even most mobile phones. Has there been any explanation how they will integrate these types of mobile phone users? Doesn't seem to be able to target a big market?

Yes I agree only some $1000 phones have facial recognition as per today, everyone cannot afford these phones. The project seems really interesting and has a great potential too. It will be nice to see how the developers solve this issue and expand biometrids for a bigger market.

Does facial recognition only requires a simple camera, which can capture a video or does it really need a high-end camera? If they wanna go big, then this platform must run even with the former in order to reach a bigger market.

IMO, all smart phones nowadays are already have a quality camera and I think this will be not a problem for the dev. The only problem that they will face while developing the project is how they will compete with the giant company.

If a phone has a quality camera doesn't meant that it supports facial recognition ! Facial recognition uses a combination of light projectors and sensors to take several images of your facial features which means your phone needs to has those sensors in order to work. Biometrids will not develop the hardware, they only developing the software.

Light projectors? I searched the term in Google and it displayed colorful light projectors that people buy for Christmas. Anyways, there are lots of studies already in IEEE discussing facial recognition. According to one of those studies, it only needs a front camera. And of course, the subject's face must be well lit enough to be recognized by the device. If that's the drive of Biometrids then, they will surely be successful since software is really in demand and they can back it up with so many studies from the web.

[coinbitcoin91]

Very long term project, released in Nov but host ICO in Feb, I salute to the team because this project has so much preparation before raising fund.

Why not? In case you don't know, there is a project that has been long before the ICO than this project. So we cannot say that this project is a completely long-term project.

what do you mean by a long-term project? If the project started only in November, this does not mean that it is already long-term.

[Superturacoin]

Very long term project, released in Nov but host ICO in Feb, I salute to the team because this project has so much preparation before raising fund.

Excellently Biometrids team keeping continuous efforts and delivering a better performance as biometrids is very potential with its technology in the decentralized platform.

Yes they need a long months to pursue this project because it is about security. Biometrics really need a polish work so it wont be failed. Specially its about face recognition. It take time and i think cost much but i know this will be a successful project.

A very complicated project due to details must all be in perfect shape. This platform needs a team of specialist because we are dealing about security. The team must established a good platform so that in the future there will be no big problems in terms of their security details.

[rabotacoin]

Very long term project, released in Nov but host ICO in Feb, I salute to the team because this project has so much preparation before raising fund.

Why not? In case you don't know, there is a project that has been long before the ICO than this project. So we cannot say that this project is a completely long-term project.

what do you mean by a long-term project? If the project started only in November, this does not mean that it is already long-term.

of course, the Biometrids project is still quite new, but it works for the future and it takes a lot of work to complete it. Therefore, we can say that this project is long-term.

[Biometrids]

Hello everyone!

Thank you for all these good questions!

We haven't been notified about replies by email, as we usual are.  We will answer all of the questions that have been asked here.

We are sorry about this delay!

[Biometrids]

I understand how the project works and how to use it. The one I don't understand is the problem of identity in blockchain. What do you mean problem of identity? Is it really a problem? I really appreciate if someone will elaborate it to me. Thanks

The problem is, that people cant identify, if the person they are dealing with is a fraudster.
With Biometrids, they can ask the person to identify themselves. This way, you always know that the person is real.

There are people all over the world, everyday scamming others for their bitcoins, and other coins.
With Biometrids, we can stop this.

[Biometrids]

Are the team planning to incorporate this platform if accepted in some government to be part of a national ID or something related to government works? Because we all know getting verification in government papers takes a lot of time.

What we are building, is an API.
This means, that any company or other project can adopt our verification system. So for instance if a bank wants to use our system, they can use our API, and integrate our platform into theirs. This way any company can use the system and build whatever system they like up against the API

[Biometrids]

I have a question, this project it only for UK customer and company or they will make their services for global?

The service will be made for global use. Not only UK costumers.

[Biometrids]

Biometrids is about to beat the facial recognition on iPhone X face unlock. Can you explain the details of what the difference between this platform and iPhone X face unlock?

Difference between our product and the face ID in Iphone X, is that we are building a worldwide blockchain database, with capability to store every person. This means that once you are in the chain, you will be there forever. So this can be used for login for anything. Not only apps that runs on Iphone

[Biometrids]

I'm interested in how quickly or slowly the user will be identified. Everyone knows that sometimes processes on the blockchain are slow, and sometimes it can be very bad.

The identify process on the phone will be a bit slower, than the one there is today. The system need to do a deeper "scan", to be more accurate and reliable.

But when the identification is done, then nodes will send the data needed directly to the other device. Then afterwards write things to the chain.
So identification process will be instant delivered.

[Biometrids]

Not many everyday-use devices can faultlessly recognize the face. This is possible in the iPhone X, but most smartphones do not have such features yet. What do you think about it?

Face recognition will be widely adopted in different phones over time. Just like fingerprint did.
So while we develop the system, phones will adopt facial recognition, and this will not be a problem.

[rouhaud]

I think this project is doing a great job unlike many other projects in the minimum investment is 0.1 Eth which is really small in investing and will help gather more investors and grow

Well that's still a nice $100 or so in ETH. I've see $5 minimum investments for a lot of ETH based ICOs like this imo it's still pretty high but better than 1 ETH minimum

for me it's a good entry point, avoiding very little investment by thousand that blocked the smart contract and alloing small investor to taake part of the project

[iputnikov]

And what if the program fails? Is there a development function? After all, such programs can still fail, and what then? I will not receive the parcel from the courier? It is very interesting to know the opinion of the team...

[Biometrids]

Example if they encounter problems like hacking on their server. How can be sure that the owners and investors personal profile will not be leaked or get by the hacker? What are the security measure they can provide or any backup servers I think? Just in case.

Security will be as you know it on the blockchain today.

What we strive to, is to make your face, the privatekey. This is possible, but facial recognition still need to evolve further, for this to be possible.

[Biometrids]

And what if the program fails? Is there a development function? After all, such programs can still fail, and what then? I will not receive the parcel from the courier? It is very interesting to know the opinion of the team...

What do you mean by fail?
If it doesn't recognise you or what do you mean?