Biometrids

Summary

We think that Biometrids is a good ICO for users who want to get their ID recognized without having their data stolen. If implemented correctly, we can see the ICO doing a lot more in the future and helping us obtain the best ID verification possible. Competition is high in this area and we’ve seen several very similar ICOs.

Positives
Identification: With blockchain technology, Biometrids gives users the ability to view their ID and be verified within seconds.
Company Usage: Companies can use Biometrids to help gauge if their employees are legitimate and reputable. Since everyone has a unique ID, its impossible for fraudulent users to get involved.

Negatives
ID Authenticity: How will the system know if an ID is fake or not? What if the system makes mistakes in this manner.
MVP: We want to see a product form of this ICO. It doesn’t have one, and it would help increase their overall credibility.

Biometrids is a facial ID verification platform that aims to provide decentralized, anonymous ID verification on the blockchain. You can add your facial data to the database, where it can be verified by smart contracts. Individuals or organizations can use Biometrids to verify your facial data. Biometrids also plans to release an API that allows their platform to be integrated with wallets, banks, and other online services.