Reliable biometric authentication based on palm vein pattern recognition combined with decentralized trust on .

What is iampass?

iampass is an innovative, cutting-edge technology project challenging the status quo of physical and digital identity on all layers. We are researching and developing the best possible, modular combination of biometrics, hardware, software, encryption, Zero-Knowledge-Proof methods and DLT (Distributed Ledger Technologies). Each module can be extended or exchanged to provide the best product.

We are NOT creating an additional new app, plastic card, password or any other gadget. Instead we are enabling you to become your own pass, by simply using your hand, for you to truly say: I am pass!

What is palm vein biometrics?

Palm vein biometrics (biological identification) is a technology that uses vein pattern recognition as a basis for authentication to identify a person based on the individual characteristics of his body. Palm vein authentication uses image recognition and optical, non-invasive technology to scan the vein pattern in the palm of the hand, which are invisible for the naked eye. Being established for more than 10 years already, this method is not only the most hygienic, but also most secure biometric technology, known for its high accuracy, resistance to counterfeiting, impersonation, and other dishonest actions.

Why did you not choose fingerprint of facial biometrics?

When it comes to biometrics, most people think of fingerprints or facial recognition as they are most commonly used at airports, governments or in your smartphone. However, both methods face significant challenges. Fingerprints can be counterfeited quite easy, using fake fingerprints or even high resolution pictures. Fingerprint hardware has to be touched frequently and is usually not being disinfected after every single user and is therefore not very hygienic. Facial recognition is similarly insecure and, thus, is merely accepted within the public sector. On top, health issues of repeatedly infrared scanning your iris can cause serious damage to your eyes.

Most common statistical factors to compare biometrics are False Acceptance Rate (FAR) and False Rejection Rate (FRR). The lower the rates, the higher the accuracy and security of each method.

Palm vein authentication is non-invasive. Scanning the hand at an ultra low infrared frequency is not harmful and does not require any direct contact, making it hygienic and super convenient for the user.

What is IOTA?

IOTA is an Open-Source Distributed Ledger Technology, beyond Blockchain. It has been designed to be scalable with zero cost transaction fees and data integrity to power the future of the Internet of Things, machines and identity solutions. www.iota.org

Qubic has recently been announced to enable Smart Contracts and further features on the IOTA network. qubic.iota.org

Why did you choose IOTA?

Scalability and feeless transactions are mandatory for any identity related solution and real world mass adoption. Exactly those to factors have been the major bottleneck for blockchain based DLT, so far. Any identity related solution has to be able to handle millions if not billions of transactions per day, especially if we are including not only “human ID” but, also “machine ID” in the near future. IOTA Tangle based on DAG (Directed Acyclic Graph) and MAM (Masked Authenticated Messaging) seems to be the best fit to power iampass solutions as of today.

Our evaluation process of several of DLTs (Distributed Ledger Technologies) started already in early 2016, including Ethereum, NXT, Waves, Steem and more. We have gathered real experience, build several prototypes for completely diverse Use Cases and decided to build an overall modular system, but also focussing on particular technology in order to build and deliver the first Proof of Concepts and prototypes based on IOTA.

Where is my personal data stored?

The current status quo of personal data storage is centralized in numerous data silos across the world. This status has been challenged by the implementation of GDPR (General Data Protection Regulation) and compliance requirements for corporations. We are starting at this same point and experimenting with diverse approaches towards personal raw data, encrypted data, Zero-Knowledge-Proof functions, private, restricted or public ways to save and display data on centralized and decentralized databases such as the Tangle.

This process will continue and be showcased in September with our first public, live prototype presentation. Our Research & Development will continue and there will not be any productive systems released before these processes are not properly tested and verified by our partners and independent third parties.

When is iampass going to become a real product?

The community and a few corporates have been asking us, when can they can use iampass for their business? We are already doing some active Proof of Concepts with corporates and we are including people from the community to develop and test possible iampass products.

In order for iampass to release a productive system or reliable product for daily operations, there are internal and external dependencies that need to be fulfilled before we reach the first productive state milestone. Accordingly to our Roadmap we are pushing all necessary stakeholders and components to be able to deliver this milestone in the third quarter of 2019.

Where can I get the Whitepaper?

The whitepaper is currently only available to private investors but will be released to the public when the private token sale is completed.

Is there going to be an ICO?

iampass is currently being financed, managed and operated by private funds that are only available to fortunate investments into several DLTs already in 2016. In order to bring the overall project and company to the next level we have evaluated and tested several opportunities and decided to offer a non-public token sale to accredited and private investors only. We still thrive of the awesome communities that are supporting iampass since day one and want to protect them at this investment stage, but certainly involve them here as well in the further development of the project.

When is the first exchange listing?

We have started to engage several exchanges in order to get our Token listed by the end of this year. Further information and exchange names will be published along with the progress of the previously described investment phase.