Nuggets-is a unique and secure login process for payments, login and ID verification, without tracking or selling of your activity
How would you feel if all your social media accounts, hacked and crashed all the important data in it and you can no longer access at all. Terrible is not it?
Nuggets aim to prevent that risk through a biometric-centric identity approach. Instead of entering your username and password into every site you visit, just swipe your fingerprint, and you are logged in. Nuggets allow you to keep payments on the system, so you can quickly and easily pay them properly. If with existing login systems, including Facebook login and Google login, Nuggets have better privacy and convenience. You can login with fingerprint, not a combination of username and password, and you always have full control over your data.
Nuggets verify your identity when you log in, in the one-time setup process. It makes you a trusted actor on the network. And every successful transaction you make after that adds to your trust profile. The transactions are kept transparently, without revealing the content or context, using a privacy framework. Over time, this builds a profile that shows that you are a good actor on the network, and your payment method is great. Retailers must show that they are good actors on the network in the same way. No more risk assessment and credit check
For consumers, Nuggets is a unique and secure login process for payments, login and ID verification, without tracking or selling of your activity. Pure access via biometrics to replace username and password.
For businesses, Nuggets will mean the end of a vast and vulnerable customer database, minimizing the risk of regulatory issues. The Nuggets platform is agnostic and will be available on e-commerce platforms and payment gateways.
Currently every payment is rated risky when walking. But the trust network in the Nuggets (described above), which provides good actor proof for each user, makes this assessment obsolete.
Data storage is corrupted. We can not fix it - we have to replace it.
The current data storage model, which keeps the organization accountable for an ever-growing database of personal records - is irreparably damaged. Although millions of people spend every year in the cybersecurity market that is mushrooming, the violations continue to grow bigger and more frequent. This damaged model can not be fixed. We need a new model. Nuggets are the model.
Take control of your data again
Nuggets give real value to personal information. Currently, we regularly provide valuable information to dozens of companies, just to utilize their services. Nuggets Tokens give real value to information that reflects a huge value for the company.
The more you use this service, the more Nuggets Tokens you'll pay for products and services in the Nuggets ecosystem. In fact, you'll get more tokens if you decide to share your data items, such as with your email address. It creates the original "Internet value".
Manual biometric confirmation
The password is another damaged system. The most popular password is 1234567. And many people use the same keywords for everything. How else can they manage dozens or even hundreds of different accounts? Passwords are particularly vulnerable to social engineering, phishing and malicious attacks. They just do not work. Nuggets only use biometric data to verify your identifier. Therefore, you can forget everything about passwords - and usernames. You can log in, pay or check your identity securely, confidential and through applications that use your biometrics.
Website: https://nuggets.life/
Whitepaper: https://nuggets.life/images/Nuggets-White-Paper.pdf
Bounty: https://bitcointalk.org/index.php?topic=2993393.0
Twitter: https://twitter.com/nuggetsPAYandID
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Telegram: https://t.me/nuggetsblockchain
author:purpleblue
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My Eth: 0x6b3287Bbdb4F01276d59B0c1B107ae54E0442E10
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