Problems in the field of certification

eliminating the repeated investment and wastes in the cross-industry,cross-business, and cross-platform certification process in the repeated investment and waste, which are the problems that the certification industry is facing.

scene 1

people-related certifications were mostly paper-based, such as passports, birth certificates, driver's licenses, title deeds, diplomas, and so on. In social activities, people used to show their identities by presenting a variety of certificates, which are usually awarded and processed by a relative authority of third parties, and the time to complete a proof is calculated on a daily basis.

scene 2

After entering the Internet era, frequent network interaction has further triggered the frequency of certification activities, like USB key and SMS verification code as the most typical examples of bank application. Such certification processing time is usually completed in the seconds, but the cost is still not low. With the mobile Internet rapid development, the SMS verification code business has even become as part of the main business revenue of today's global operators.

scene 3

In 2016 and 2017 that just passed, the IOT and AI era rapidly stepped in. The massive data generation and rapid interaction (Big Data Process) has supported the entire social operation. These rapidly emerging new technologies have subverted tens of thousands of years of human cognition and changed their way of life. It is an era, far more than any previous era, in which the interactions between people and between people and machines are highly involved with certifications. Thus, a certification demand within this huge society is generated during the interactive process of the 7 billion of population and 50 billion of equipment and machinery. This made us think how to adapt to the development from the bottom to reconstruct various elements.

ID Chain

  • Its transparency, decentralization, the impossibility to tamper, smart contracts and other good genes can fully play out during the certification process.
  • The solution proposed by ID Chain team is to encrypt all kinds of user identity information and other important information record in a blockchain with the help of encryption algorithm constraints. These records cannot be tampered with, and are 100% generated irreversibly on a platform of ID Chain. With a simple authorization and scanning, the certification can be completed quickly.
  • In the ID Chain platform, we store and process various user attributes and data by decentralization. This is why ID Chain is a blockchain item with practical value which is also a direction carefully designed and selected by ID Chain team.

ID Chain Design Concept

These considerations include allowing countries such as the Philippines, where 90% of residents have so far not yet had an ID system, to have state-of-the-art authentication systems in place to support their establishment of health insurance and social insurance, and the input and transfer of credit information. This also covers how to authenticate the identification in the cross-platform apps and websites so as to replace SMS verification code.

ID Chain team will use the high-frequency authentication application scenarios such as banking, insurance, credit, loans, and Internet application access as the starting point for the ecological construction.

The whole workflow is as follows:
(1) The generation of user or equipment basic information to form a data label.
(2) Encrypted blockchain for distributed storage and processing.
(3) The generation of digital ID and key.
(4) The other party obtains the original user authorization and immediately authenticates and returns to the results.

ID Chain's Advantage

  • ID chain utilizes blockchain technology to provide highly efficient, low cost reliable solutions for human to human, human to object, object to object verifications regarding identity, credit, information, KYC etc. and in turn reconstruct the global verification industry.
  • ID chain utilizes smart contracts to process safe, private authorization between information holder and information verifier in information transmission.
  • The information on ID chain can be adjusted according to user requirements and fulfill the diverse changes of application.
  • The de-centralization of ID chain does not rely on the verification of a single centre node, so that distributed nodes are all capable of verification, ensuring high efficiency from joint governance of nodes.