Nuggets are a consumer blockchain platform with the power to revolutionize payments, privacy, and security. It puts personal data back in control of the individual, enabling 'self-identity' on a mass scale. And it solves the biggest single problem of pain for business: data security.
Benefits
With Nuggets, anyone can take back control of their data. Instead of handing over payments and personal information, each individual can choose whether and when to share data - and do so only on their own terms. Nuggets restore power to people. And it also frees the company from the burden of trying to manage and secure large data silos. By igniting the silo, it can remove the biggest challenge facing the company today: cyber security.
(8) Benefits to consumers:
1. There is no uncontrolled storage or sharing your data - but keep using the services you love.
2. Privacy and security are assured by utilizing blockchain and data encryption.
3. Payment by existing method and crypto currency - including credit and debit cards.
4. Single sign-on, without tracking and selling your activity.
5. Biometric access: simple and safe.
6. No password, no social engineering, No Phone Account Hijacking.
7. Update everything at once, not dozens of services individually.
8. Gifts for loyalty and referrals, which you can spend with any merchant in the ecosystem, as well as the benefits of charity.
(7) Business benefits:
1. Reduce fraud - $ 16 billion has been lost due to card fraud and identity in the US.
2. Reduce false positives - $ 118 billion has been lost or passed in the US through a positive error.
3. Reduce the cost of fraudulent charges - This currently makes 42% loss of retail fraud.
4. More transactions - Thanks for the peace of mind of trusted and verified transactions.
5. Minimizing regulatory exposure - Massively reducing data silos means less risk than non-compliance with the upcoming General Data Protection (GDPR) Regulations and the Federal Trade Commission Act (15 U.S.C. §§41-58) (FTC Act).
6. Customize your experience using anonymous behavior data - offer the services users want, without sacrificing their privacy and security.
7. Offer Token Nuggets as an incentive - Token Nuggets will be a valuable and interesting incentive, because users can spend it with any merchant in the ecosystem.
(3) advantages of Nuggets Platform Technology:
Nuggets technology is divided into three different layers:
1. Biometrics: confirms the user's identity (without saving)
2. Data encryption: keep data private
3. Blockchain: stores encrypted data in tamper-proof form.
Token Nuggets
Nuggets are Tokenized systems. Nuggets users will acquire Nuggets Tokens (NUG) from day one, by downloading apps and using the platform in various ways. Users will receive Token Nuggets as a reward when they register, refer someone, to Nuggets, sign in, make a payment or verify their ID. They will also receive Token Nuggets if they choose to share certain "nuggets" of their personal data.
Funding the sale of Token
1.Legal and Misc- 5.0%
2.Team- 15.0%
3. Company-15.0%
4.Token Sales-35.0%
5.Ecosystem-30.0%
For More Information Details:
author: allah hu muhammad
My BITCOINTALK Profile:
My Ether WALLET ADDRESS: 0x48d4046C142202c12415823C2A654106215024E9
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