OFID

OFID

Created using Figma
Created using Figma
OFID is a blockchain-based decentralized identity verification platform that offers low-cost identity verification services to users. Built on the blockchain technology and augmented by features such as encryption and authentication, OFID significantly enhances security and privacy while removing inefficiencies. Not only does it provide reliable IDV services, but it also rewards users participating in the ecosystem.
Risk: Very High
Dec, 2017
Dec, 2017
100% completed
Raised funds - no Data
Hard cap 20 000 000.00 USD
past
  • 6600 OFT
    =
    1 ETH
Token Details
Ticker
OFT
Accepted Currencies
ETH
Company Details
Registered Country
China
Additional Details
Platform
Ethereum
Categories
Platform, Business services, Software

About OFID

With the advent of computers in the 80s and the dotcom revolution in 90s, digitalization of data has become an inevitable option for every organization. While digital data revolutionized the way organizations store and manage data, it came with a price. As the data moved online, hackers found ways to steal the identity of a person and perform fraud transactions. To mitigate identity frauds, the government has imposed financial regulations in the form of Know-your-customer (KYC) and Customer-Identification Program (CIP). To conform to government regulations and secure customer data, organizations are turning to identity verification services.

The current Identity Verification (IDV) solutions come with multiple challenges. Focus on authentication, the potential risk of centralized storage and less financial return are a few of them. The blockchain-based OFID IDV platform offers a revolutionary solution to current IDV challenges.

The block chain technology was originally designed for Bitcoin. However, looking at the amazing benefits offered by this technology, developers are now extending the functionality of block chain technology to every industry. The IDV segment is not excluded. Leveraging the disruptive block chain technology and augmenting it with Ethereum smart contracts, OFID platform brings an IDV eco system that makes it easy for end-users to share personal identity information (PII) data while being rewarded for the same. Similarly, validators can turn their years of hard work in building PII databases into revenue generators by selling the attestations without actually sharing the PII databases. For service providers, IDV comes at reduced costs. The OFID IDV platform improves operational efficiencies, increases security while rewarding the participants of the IDV eco system

OFID Roadmap

  • Sep 2016 – Dec 2016

  • Project Initiation, Requirements Analysis, Architecture Design
  • Sep 2016 – Dec 2016

  • Project Initiation, Requirements Analysis, Architecture Design
  • Jan 2017 – Aug 2017

  • Development of Distributed Storage Infrastructure, of Smart Contract Payment System, and of Transfer Server Infrastructure
  • Jan 2017 – Aug 2017

  • Development of Distributed Storage Infrastructure, of Smart Contract Payment System, and of Transfer Server Infrastructure
  • Read More
  • Sep 2017 – Dec 2017

  • APIs for Service Provider and Validator, Beta Version of OFID app, which can provide basic verification services.
  • Sep 2017 – Dec 2017

  • APIs for Service Provider and Validator, Beta Version of OFID app, which can provide basic verification services.
  • Jan 2018 – May 2018

  • Implementation of Trusted Compute Management Service and Challenger Platform. Optimizing Trusted Compute Module on app, which can support premier verification services.
  • Jan 2018 – May 2018

  • Implementation of Trusted Compute Management Service and Challenger Platform. Optimizing Trusted Compute Module on app, which can support premier verification services.
  • June 2018 – Oct 2018

  • Development of Social Product Module. Optimizing Function of Validator and Service Provider Whitelist System.
  • June 2018 – Oct 2018

  • Development of Social Product Module. Optimizing Function of Validator and Service Provider Whitelist System.
  • Nov 2018 – Mar 2019

  • Design and Development of Transfer Server System and Distributed Storage Clustering.
  • Nov 2018 – Mar 2019

  • Design and Development of Transfer Server System and Distributed Storage Clustering.
  • April 2019 – Sep 2019

  • Implementation of the Third Party Storage on OFID Platform, which can make the system more secure and trusted. Implementation of Video Verification System.
  • April 2019 – Sep 2019

  • Implementation of the Third Party Storage on OFID Platform, which can make the system more secure and trusted. Implementation of Video Verification System.

Activity

Activity:
492
VERY HIGH
Posts:
68
VERY LOW
Views:
1 755
LOW
Activity:
492
VERY HIGH
Merit:
126
MEDIUM
Posts:
68
VERY LOW
Views:
1 755
LOW
Users:
53
LOW
Followers:
254
VERY LOW
Tweets:
21
VERY LOW
30 Days Growth:
3
Year commits:
40
Watchers:
13
Stars:
23
Forks:
10
Open issues:
4

OFID Team

Verified 0%

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

Richard Liu
Co-Founder & CEO
unverified
Alex Yi
Co-Founder
unverified
Yangwei Li
Chief Scientist
unverified
Water Liu
Chief Blockchain Architect
unverified

OFID Last News

1.74
negative
5.0 17
ICO Profile Vision Activity Potential Product Team
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