Chain ID

Chain ID

Created using Figma
Created using Figma

Last Update

Jan 19, 2018

Chain ID is a platform that allows users to keep their diplomas, certificates, licenses, memberships and similar documents in blockchain. The platform will allow organizations, currently issuing such credentials on paper, simultaneously issue them as a blockchain record. A Chain ID user will be able to present their credentials for online verification, but unable to add false certificates. Students, job seekers, and many others will use Chain ID to present their credentials online, without the need to send paper based documents via snail mail.
Sale
Feb 1, 2018
Feb 28, 2018
100% completed
Raised funds - no Data
Goal 250 000.00 USD
Cap 6 000 000.00 USD
past
  • 1 CID
    =
    1 USD
Token Details
Ticker
CID
Accepted Currencies
ETH
Company Details
Registered Country
British Virgin Islands
Additional Details
Platform
Ethereum
Categories
Education

About Chain ID

ALL of us are used to carrying around pieces of paper which tell about our achievements in life. Be it certificates for passing a certain examination or licenses for carrying out a particular business. These certificates and licenses signal the achievements and abilities which make them eligible for specific jobs.

Given the importance of these documents, the way we handle them currently is archaic. Most of the certificates are paper-based which need to be carried around in person. If you need to present it to any authority, you need to get it notarised which is a cumbersome process in itself. The need for notarization is to ensure that fake certificates are not produced, but the way public notary services are designed hardly ensure authenticity. And if you are required to share your certificates with somebody else over the Internet, it’s a nightmare.

The main problem with sharing of certificates is that people have huge incentives to fake certificates and signal achievements which they have not accomplished. Blockchain technology is an ideal solution for such situations where the system needs to be censorship resistant and reliable without the need for parties to trust each other. With ChainID, we envisage a world where sharing certificates which are reliably authentic is as easy as sharing a file.

Features

Although blockchain can be used to keep official documents, this possibility is currently under-explored. We at Chain ID create a blockchain based platform to issue, keep and present any type of official document for verification.   The common feature of such documents is that they contain very small amounts of text, but every word on such document has a great value. Another feature of these documents is that certain individuals have huge incentives to fake them. Combination of these factors (small text size, great value, and the need to protect from falsification) make such documents an ideal object to store in blockchain.   Chain ID platform will allow organizations, currently issuing such documents on paper or in the form of plastic card, simultaneously issue them as a record in blockchain. End users will have a wallet containing all their blockchain records, and will be able to present it online to any organization. For example, a job seeker can present their university diploma to a company when they apply for a job online. A recreational diver can present their diving license to a dive shop when signing to a dive tour online.   User credentials presented online can be checked automatically in real time. We plan to design a business widget which can be easily added to any website. This widget will extract user data from blockchain, perform all predefined checks and give a response whether the user has the required credentials or not. As in the previous example, the widget added to the dive shop website will check whether the user has a diving license, and will not let the user proceed with the application to a dive tour if they do not have the required license.

Chain ID Roadmap

  • Quarter 1, 2018

  • Project design
    Token Launch
    Crowdsale
  • Quarter 2, 2018

  • Development of ChainID internal protocols
    Development of functional ChainID website
  • Quarter 3, 2018

  • Private Alpha of the ChainID Protocol
    Launch of fully functional ChainID website
    Development of Android User application
  • Quarter 4, 2018

  • Public Beta of the main functionality
    Release of Android User application
    Development of iOS User application
  • Read More
  • Quarter 1, 2019

  • Public Launch of Live version with all main functionality enlisted in “Minimal Crowdsale result”
    Release of Business Android application
    Release of Business Widget
    Development of iOS User application
    Development of Extended functionality enlisted in “Moderate Crowdsale result”
  • Quarter 2, 2019

  • Public Launch of all Extended functionality enlisted in “Moderate Crowdsale result”
    Release of iOS User application
    Development of iOS Business application
  • Quarter 3, 2019

  • Release of iOS Business application
    Development of Extended functionality enlisted in “Optimistic Crowdsale result”
  • Quarter 4, 2019

  • Public Launch of all Extended functionality enlisted in “Optimistic Crowdsale result"

Activity

Activity:
504
VERY HIGH
Posts:
5
VERY LOW
Views:
300
VERY LOW
Activity:
504
VERY HIGH
Merit:
252
HIGH
Posts:
5
VERY LOW
Views:
300
VERY LOW
Users:
4
VERY LOW
Followers:
1 747
LOW
Tweets:
45
VERY LOW
30 Days Growth:
-8

Chain ID Team

Verified 50%

Attention. There is a risk that unverified members are not actually members of the team

Ruslan Bugorsky
CEO
verified
Ruslan Ryaboshtan
Algorithm Developer
unverified

Former members

Vipul Patel
Developer
Luka Pregelj
Legal And Business Consultant

Chain ID Interviews

Ruslan Bugorsky
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I am Founder, CEO and one of the developers at Chain ID
Vipul Patel
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I am working on implementation of main features of Chain ID project.
Luka Pregelj
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I am a Legal and Business Consultant at Lex Lucas Consulting, a lean consulting firm, providing advice and support in matters of corporate law, tax law, regulation of emerging technologies, and global e-commerce.

Before starting a consulting practice, I was employed with an international law firm, where I advised corporate clients on corporate legal issues and cross-border M&A transactions, and where l launched the Start-up Initiative for Slovenian branch of the company, providing advice to start-up companies. I was also actively engaged in drafting and preparation of the bill on alternative financial instruments and services, regulating various aspects of crowdfunding, crowd investing, peer to peer landing, and cryptocurrencies, which is currently under consideration by a legislature.

As the Consultant of Lex Lucas Consulting, I coordinated and managed some of the legal aspects of the ChainID project, and see the project as one with great potential for changing the way we store and process certificates.

Chain ID Last News

N/A
5.0 2
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