PERSONA Your Own Digital Self
Persona is designed as a decentralized application with no single point of failure, keeping all records encrypted.The individuals have the control over the granularity of the details they want to share,with whom they are sharing it and for how long.Persona represents the solution for identity management, aligned with the latest data protection regulations.Its scope is to empower the customer and grant him/her the control over their personal data as well as the means to secure access to their private details.By using Persona, the individual spends less time updating their data and service providers can access the latest version of the customer data.Visit to Official website https://persona.im/
Persona leverages the blockchain features, allowing a company to offer KYC services to third party as well as benefitting from each other’s services.The verification process has two levels,Community and Professional KYC.
Features
- Single Identity Management stress-free
Persona harnesses the power of blockchain technology for hassle-free identity management.It’s like a single sign-on for all the websites you are already using.And the source for the future web application you’re not using right now.
- The community is here to support you
Your digital identity is based on cross-verification made by multiple entities.Search for Persona notaries near you and get your identity check up to 90%.The rest of 10% is based on a KYC process performed with a corporate partner (a service provider that you are already enrolled with).
- Your personal details are yours, and yours only
You are the de facto owner of your data. Therefore, in order to have access to a service or device,you need to explicitly agree to share it.The party entrusted with this kind of data is supposed to take all the necessary actions in order to protect it and protect you.
- You are in the center. Let’s build from there.
Persona is about you and your interaction with the outside world.You’ll be able to create your own halo based on your data medical records,fitness progress or social media accounts.You’ll be able to give access or revoke access to your details as you please since they’re yours.
The main goals of Persona :
1.To leverage on identity management services for the individual based on what the blockchain technology can offer
2.To protect individuals personal details.While it is obvious that individuals need to provide their details to various entities,they have no control over it after sharing. Persona puts individuals back in the driver seat
3.To empower each person and to give them the power on what it shares and with whom when it comes about their identity and private details
4.To allow entrusted third parties which with private details to enrich their services by offering trust as a service
5.To prevent fake news,by providing a decentralized identity management system, Persona will provide the trust level we all need when we rely on news based on the public Persona profile of any content creator,we can track down news to their source
6.To streamline onboarding process since an individual might be already checked by some entity enrolled in the system
The PRS token is a utility token,that is used by the platform in order to issue verifications.For each verification PRS tokens are used.The tokens circulate in the environment and,if needed more will be created as the platform becomes more mature.
The ICO begins on 16 Jan and ends on 16 Feb 2018
The seeded number of tokens will be 100,000,000 PRS.
The price for one PRS token is $0.2.
The total allocation for the 100,000,000 PRS
- 70,000,000 PRS allocated for the TGE
- 15,000,000 PRS allocated for the team composed of the co-founders.The tokens allocated to the team will be vested over a three-year period,split into yearly payments as following:
- 10% at genesis
- 30% after 12 months
- 30% after 24 months
- 30% after 36 months
- 12,000,000 PRS allocated for the Persona Startup Fund
- 1,000,000 PRS allocated for the advisors. The tokens allocated for the advisors will be vested over a period of 6 months
- 2,000,000 PRS allocated to the bounty.
There are 70,000,000 PRS allocated to the TGE, split into one Private Sale and a three-phase Public Sale, as illustrated in below :
The estimated income based on the Token Generation Event is between $9.3M and $14M (cryptocurrency equivalent).The raised funds will be used for a period of at least three years,spread into the following categories:
- Software development (Blockchain Development IPFS Implementation,SmartBridge Development,Mobile and Web development and Maintenance)
- Legal fees (GDPR compliance analysis, Company Certificates, legal support,etc)
- Business development (take part in top blockchain and fintech events around the world,establish business relations with companies that are interested in implementing Persona).
- Audit of the procedures and setting-up a legalized notary system.The split of the income for the first 3 years is estimated as following:
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My Account BTT : https://bitcointalk.org/index.php?action=profile;u=395093
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