CRYPTONEWS: PERSONA

PERSONA - your own digital self

Persona represents the solution for identity management, aligned with the latest data protection regulations. Its scope is to empower the individual and grant them the control over their personal data as well as the means to secure access to their private details. This product is aligned with the GDPR requirements and provides a safe mean to keep, share and process data.

Persona leverages the blockchain features, allowing a company to offer KYC services to third party as well as benefiting from each other’s services. The verification process has 2 levels:

The professional KYC. It represents the process that an individual goes through when they engage any entity that requires an identity verification process.

The community KYC. It represents a common effort, where people are encouraged to validate each other’s identity. By empowering community checkup, we believe that we will make people evangelize further the blockchain, while permitting them to update their details.

Given the fact that there are two components of the product, layered on top of each other, Persona is safe to use. When registering with a provider, the physical presence of the individual is a prerequisite in order to share their data with the company. Persona is composed of three segments:

The blockchain which holds the transaction data and IPFS for storage

A web app and dashboard for the individual to use

A mobile app which helps data management

The mobile application’s security is based upon:

PIN-based login

Optional fingerprint scan

The Web application’s security:

2FA Authentication

Once the user creates his identity, the data stored is secured by the cryptographic algorithms of the blockchain. By saving the user data on the blockchain and not in a centralized application/server, Persona offers the first CaaS (Customer-as-a-Service) solution on the market. All documents uploaded by the users are encrypted using their private key before uploaded and distributed through the IPFS. When documents are shared between members for notarization, the file will be decrypted by the owner and shared directly with his counterpart.

Persona will use the Distributed Ledger Technology for managing user permissions, approval transactions and proof-of-identity. The Persona Blockchain that has the following characteristics: –

DPOS blockchain with 51 delegates forked out of the Ark (ark.io) blockchain;

The blockchain will be public and will feature interoperability with other blockchains through Smart Bridges;

Persona will integrate natively, at a blockchain level, an IPFS-like solution for sharing documents and files between users.

Token Information and ICO:

Persona Symbol: PRS

The total number of tokens produced will be 100,000,000 PRS. The price of a PRS token is $ 0.2.

Total allocation for 100,000,000 PRS:

70,000,000 PRS have been allocated to TGE. A team of builders has allocated 15,000,000 PRS. The tokens allocated to the crew will be held for a period of three years and the annual payments will be allocated as follows:

Initially 10%, 30% after 12 months, 30% after 24 months, 30% after 36 months

12,000,000 PRSs allocated to Persona Initial Fund

Consultants have been allocated 1,000,000 PRS. Icons assigned to the counselor will start working within a period of 6 months.

2,000,000 PRS allocated for gift

ICO dates:

The 70,000,000 PRS allocated to the TGE is divided into a special sale and a three-stage general sale:

Special Sales: 15.12.2017-15.01.2018 (finished)

General Sales I: 23.01.2018-30.01.2018 (finished)

General Sales II: 01.02.2018-08.02.2017 (ongoing)

General Sales III: 09.02.2017-16.02.2018

Icon Distribution: 30.03.2018

Road map:

As a result; Thanks to the platform provided by the persona, everyone can be relieved of the safety of the personal data they share with third parties. Persona token sales will end on February 16, 2018. Persona has an ICO to make a deposit from a third party (investor) by selling PRS tokens divided into several stages. Do not miss this opportunity and buy token from affordable price by joining ICO.