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Author Topic: [ANN] NUGGETS 《》 Payment and ID Without Sharing Personal Data  (Read 2152 times)
olcaytu2005 (OP)
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February 21, 2018, 07:32:47 PM
Last edit: April 19, 2018, 02:38:10 PM by olcaytu2005
 #1




Product Video



Nuggets is an e-commerce payment and ID platform. It stores your personal and payment data securely in the blockchain, so you never have to share it with anyone – not even Nuggets.  It was inspired by CEO Alastair Johnson’s experience of having his payment details used fraudulently – and the complicated, frustrating process that ensued. Nuggets solves this problem, using zero knowledge storage, encryption, privacy, security and trust, all combined with the decentralised immutable ledger.
 
For consumers, Nuggets is a single, secure sign-on for payment, login and ID verification, with no tracking or selling of your activity. Access is purely through biometrics to replace usernames and passwords.

For businesses, Nuggets will mean the end of vast, vulnerable databases of customer data, minimising the risk of regulatory issues. The Nuggets platform is agnostic, and will be available across e-commerce platforms and payment gateways.




Campaign thought starters

There are several ways we could promote the Nuggets product. These could be combined or used separately, depending on the opportunity.

Take back control of your data

Nuggets gives anyone the power to take back control of their data. Instead of handing over payment and personal information to dozens of different companies, you can choose if and when to share data – and do so on your own terms.

For businesses, this removes the burden and risks of trying to manage and secure huge data silos. By atomising those silos, Nuggets can remove the biggest challenge facing companies today: cyber security.

Internet of value

Nuggets puts real-world value on personal information. Right now, we all routinely give away highly valuable information to dozens of companies, just to use their services. Nuggets Tokens put a real value on that information, reflecting its enormous value for those companies.

The more you use the service, the more Nuggets Tokens you’ll earn to pay for products and services anywhere in the Nuggets ecosystem. Crucially, you’ll gain more Tokens if you choose to share elements of your data, like your email address for example. This creates a genuine “internet of value”.

Regulation and privacy

The system dynamically generates and shares encryption / decryption keys. The anonymity this provides, combined with zero knowledge storage and a privacy network, lays the foundation for GDPR compliance in a blockchain solution.

Massively reducing data silos means much lower risk of non-compliance with the upcoming General Data Protection Regulation (GDPR) and the Federal Trade Commission Act (15 U.S.C. §§41-58) (FTC Act).

E-commerce

Nuggets is the key to unlocking the vast potential of e-commerce – which is growing explosively across the globe. As an agnostic platform, Nuggets will be available across e-commerce platforms and payment gateways.

It can even be used in conjunction with existing payment platforms. Instead of entering an existing payment method, you could select “Nuggets” as an option. This creates an entirely new, blockchain-enabled platform for making simple e-commerce payments – without ever having to sacrifice control of your personal data.

Proof of good actor

Nuggets verifies your identity when you sign up, in a one-time-only setup process. That establishes you as a trusted actor on the network. And every successful transaction you make after that adds to your trust profile.

Those transactions are stored transparently, without revealing the contents or context, using a privacy framework. Over time, this builds a profile that shows you’re a good actor in the network, and your payment methods are good. The retailer has to demonstrate they are a good actor in the network in the same way.

No more risk assessments and credit checks

Currently every payment is risk assessed as it goes through. But the trust network within Nuggets (described above), which provides proof of a good actor for each user, makes these assessments obsolete.

Data storage is broken. We can’t fix it – we have to replace it.

The current model of data storage, which makes organisations responsible for ever-expanding databases of valuable personal records – is broken beyond repair. Despite the millions spent every year in the mushrooming cybersecurity market, breaches keep getting bigger and more frequent. This broken model cannot be repaired. We need a new model. Nuggets is that model.

Secure, private deliveries

Nuggets also makes it possible to login, order and receive courier deliveries, without having to store or share personal information.

You don’t have to give your address: instead, we can send a GPS location to the courier company. When your package arrives, the courier pings your Nuggets app and you confirm your identity with your biometrics.

If you can’t take delivery in person, you can leave a unique QR code for the driver. They can use it to show they arrived, and tell you the next steps. Or you can use it to give them alternative arrangements.

Nuggets puts the consumer in control. You know exactly where the package is – not just where the courier says it is. Everything is transparent, and you can feed back to the supplier and courier in a transparent, yet private, manner. It’s private people logistics.

Self-sovereign identity

By putting power over data back into the hands of the people (instead of companies), Nuggets enables “self-sovereign identity” on a mass scale.

No more password - #PasswordsRIP

Passwords are another broken system. The most popular password is still 1234567. And many people stick to the same password for everything. How else can they manage dozens, or even hundreds, of different accounts? Passwords are incredible vulnerable to social engineering, phishing and malware attacks. They just don’t work.

Nuggets only uses biometrics to verify your ID. So you can forget all about passwords – and usernames. You can log in, pay or verify your identity securely, privately and in moments through the app, using your biometrics.

Manual biometric confirmation

Password managers don’t solve the password problem. Right now, autofill requests from your web browser can take personal information from a password manager automatically, if you’ve given permission or not turned off that function.

The manual confirmation in Nuggets puts a stop to this issue. Not only do you need a manual confirmation, that confirmation also has to be biometric. That effectively introduces a powerful human “air gap” into the security process.


Terms

  • A Nuggets Token is a consumptive use product that provides access to Nuggets services. Nuggets Tokens are not intended for speculation, and hold no rights or claims to intellectual or other property or cash flows.
  • Tokens will be offered as bounty for promoting the Nuggets product – not as an investment opportunity. Any content discussing Nuggets as a investment, or implying Nuggets is a security,  will be removed.
  • Please do not participate in this program if you are resident in Canada, China, Japan, the United States or any market where tokens sales are banned.




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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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kotwica666
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February 22, 2018, 01:29:31 AM
 #2

The idea is really interesting!
Can I ask for specification of your token, ICO start and end date, softcap, hardcap, stages of ICO and the most important information - the price?

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chamaleatung
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February 22, 2018, 01:40:22 AM
 #3

great project, only use with mobile devices? have you any airdrop and bounty program?
reserved
kotwica666
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February 22, 2018, 01:53:41 AM
Last edit: February 22, 2018, 02:05:31 AM by kotwica666
Merited by whoeier (1)
 #4

great project, only use with mobile devices? have you any airdrop and bounty program?
reserved

Where you found information that it will be used only on mobile devices?

Quote
The Nuggets platform is agnostic, and will be available across e-commerce platforms and payment gateways.

To be honest I don't know what, in this situation, mean "agnostic"..  Roll Eyes


I didn't found info about airdrop, but bounty campaigns you can find here:

https://bitcointalk.org/index.php?topic=2993393.0

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.....I AM BLACKJACK.FUN.....
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February 22, 2018, 08:31:52 AM
 #5

Whatever I use I'm always worrying about my data security but the most stressful is the case when you use 2F authorization and looses your code or forget to set up backuping. I had even troubles with authy. This technology can solve the issues we used to face. In addition Nuggets tokens reward for using it's a great benefit for everyone))
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February 26, 2018, 03:48:51 AM
 #6

Nuggets are e-commerce payments and ID platforms. Yes excellent personal storage and secure payment transactions are urgently needed in the business world hopefully the project is a success
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February 26, 2018, 04:10:43 PM
 #7

Interesting and unique projects because Nuggets can store personal data and secure payments on blockhain. Expect crowded projects and get a lot of supporters.
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February 28, 2018, 03:54:57 AM
 #8

A great and good project, with details explaining the project's mission is very convincing for success
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March 02, 2018, 07:34:42 AM
 #9

the new project again and still warm this project seemed good and promising for the result, seen from the team also seemed professional, good luck with the project for the future.
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March 03, 2018, 06:07:39 PM
 #10

the team is good, the project also solves the specific problem that now exists, I think the data storage is one of the biggest problems for today
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March 04, 2018, 02:42:23 AM
 #11

the personal data is valueable and we cant get any profit from it, the profit are all taken by the big companies like Amazon and google, then we should consider to take back the personal data, this project can do help to this situation, wish the team can deliver it

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March 04, 2018, 10:59:27 AM
 #12

The Dutch announcement thread is now online:
https://bitcointalk.org/index.php?topic=3062603
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March 04, 2018, 11:44:06 AM
 #13

We're thrilled to introduce our NUG Bounty program. Read all about it in our blog and let's just join it
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March 07, 2018, 04:42:15 AM
 #14

This project has a concept of a very good and interesting because the Nuggets can store personal data and payment securely at blockchain. The allocation of this project with either the NUGGETS Payment and ID Without Sharing Personal Data. Hope project and get a lot of supporters.
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March 07, 2018, 12:22:32 PM
 #15

This project has a concept of a very good and interesting because the Nuggets can store personal data and payment securely at blockchain. The allocation of this project with either the NUGGETS Payment and ID Without Sharing Personal Data. Hope project and get a lot of supporters.
really, this project does look attractive and promises the team in the project also looks professional hoping this project will run smoothly and success by getting many supporters.
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March 08, 2018, 11:22:47 AM
 #16

I think Nuggets team are doing good on this project, they are active on development, holding sessions on famous Blockchain conferences, and especially Nuggets has partner with JD corp.
Nuggets appears on Coindesk, TechCrunck, Forbes, too good to be true right. Also, I really like the concept on biometric technology which promises a long-overdue revolution to digital payments.
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March 09, 2018, 06:19:46 PM
 #17

How much is price of 1 Nuggets Token?
Where can I view Roadmap?
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March 11, 2018, 09:59:56 AM
 #18

Project profile has been updated on ICOslot:
https://icoslot.com/en/ico/nuggets/
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March 11, 2018, 08:36:01 PM
 #19

and to sign up for Nuggets is a single, secure sign-on for payment, login and ID verification
and me waiting  meme could win a share of 100,000 NUG Tokens! We’re launching a special bounty today  Grin Grin


.SWG.io.













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March 12, 2018, 01:29:02 PM
 #20

I think this project is unique and interesting, the team in the project is also solid I hope there will be many participants who join and will also many investors interested in this project, so that this project will be able to grow successfully
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