Ydentity

Your next generation ID for the Web3

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Inspiration

From birth, each individual has the right to have an identity. The identity of an individual is the assertion of his or her existence in a society. It is also a matter of recognition of their individuality and what differentiates them from their peers. Having an identity is a fundamental human right but also a critical problem in cyberspace when it comes to having a digital identity and allowing access to computers and the services they provide to be automated and making it possible for computers to mediate relationships. Traditional ID cards and digital forms do not capture the key attributes of a natural person and don’t provide a solution to vectorize them.

What it does

Ydentity is a non-fungible, non-transferable, non-sellable ERC-721 token that keeps record on a blockchain of a unique stack of non-encrypted scores based on the affective and cognitive attributes of a person processed by edge computing technology removing discriminatory biases. Ydentity is the next generation ID for the Web3 that allows users to remain anonymous while using unique scores based on personal attributes and private signature as proof of ownership. This innovation is likely to get the attention of regulators and enable a better penetration of cryptocurrencies in the banking and financial markets, and the daily life of the population.

How we built it

Challenges we ran into

Accomplishments that we're proud of

What we learned

What's next for Ydentity

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