IAME

The main problems faced by Supervisors when their thinking to integrate digital currency into the real economy faces the ability to verify asset ownership. Regulators should be able to understand where they receive digital calls and with whom they trade. When Bitcoin is developed, this problem is unthinkable. However, the Bitcoin block chain remains the basic architecture of all other existing projects that use chain blocks.

IAME project developers believe mass integration will never happen unless identity verification issues are resolved. Regulators always oppose the inability to identify the source and purpose of the funds. Most regulators believe that digital money is a money laundering because it is difficult to track owners.

The IAME project hopes to create a new identification system and change everything. In the current financial system, identity verification occurs through the process of submitting personal data. This system was created to counter money laundering a few decades ago. However, this is not appropriate for the current digital phone era.

The purpose of IAME's Early Coins Offer is to raise funds for the development and commercialization of the IAME Identification Network. ICO will be effective and will only involve two cryptographic assets, Ethereum and IAM Token.

IAM Token

To operate the IAME Identification Network, a functional token will be issued, known as the IAM Token, which will operate as a validation token to initiate a confirmation request for packet validation on the IAME Identification Network.

The party will spend the token through IAME of Network Client Identification and after deducting the equivalent blockchain hashing cost, which IAM token balance will be paid as a reward to third-party validators who operate the non-profit validation process.

This will associate not the value store to the token but the market value based on natural requests and bids for the identification process. The value of the IAM Token is, in essence, determined by 2 factors:

1. The cost of validation, which will be comparable to the financial cost hashing the amount of data requested on the designated blockchain, setting the floor price for the token.
2. Market demand, which will be proportional to the demand for blockchain identification based on IAME Identification Network.

Because of the ephemeral aspects of data validation in the identification field, the demand market will remain repetitive and will only increase with the increased adoption of the IAME Identification Network.

Allocation of Token
All IAM Token printed under backup system will be allocated to various pools. Pool tokens are intended to complement the overall development of IAME. Details for the pool are as follows:

• The Strategic Business Pool (20%) of this section will be allocated for business development from the Company
• The Community Pool (10%) of this section will be allocated for development from the community around IAME.
• Pool Advisor (10%) of this section will be allocated to the IAME Adviser
• Founders Pool (10%) of this section will be allocated to the Founder of the Company in the final PT ICO.
• CO Investors will account for 50% of all IAM tokens, and the remaining 50% is allocated to various pools.
   

ICO
The purpose of IAME Coins Early Bidding is to raise funds for the development and commercialization of the IAME Identification Network. ICO will be slim and will only involve two cryptographic assets, Ethereum and IAM Token.


White paper
The IAME Identification Network is a decentralized identification system built for the Blockchain ecosystem.
This system allows parties in a Blockchain transaction to verify the identity of each other without having to disclose non-essential personal information to other parties involved in the transaction. This system achieves this by splitting information into parts of the data that can not be understood which are then distributed to many independent third-party validators that verify the authenticity of each of these fragments.
The sum of these fragmented verifications is complete identity verification. Only the original owner of the information will have access to this data in a holistic and meaningful way.

The IAME plan expects to completely change it by creating a new verification platform. In the current financial system, verification is done through the procedure of submitting individual data in a healthy manner. The platform was created a decade ago in an effort to combat money laundering. However, it is not connected with the presence of virtual money.

• Challenges in the real world

The application of current verification to protocols in advanced chains does not correspond to decentralized idealism. In fact, the rules of anonymity contradict the narrow need for anti money laundering legislation. So, there is a need to reach a compromise. This will enable both parties to be a symbiotic creature where everyone gets what they need.

• Project IAME Solutions

To get a working solution, the IAME platform suggests re-inventing the verification procedure. Thus, it suggests adjusting from healthy to fragmented platforms. There will be a clearly verified topology field, which can be applied as a sign of the entry of MPs. The IAME platform will therefore seek to solve anonymity problems without stopping the chain-block revolution.
By creating a fragmented verification system, block-chained consumers can validate their address without trusting sensitive data to each side with them.
So in conclusion the identity system offered by IAME is none other than to answer the previous problem that happened. In the Star topology network with n nodes can perform transactions with n-NYM count of counterparty. Technological innovation in encryption.
More information You can visit IAME's official website or visit the social media links below.
WEBSITE : https://iame.io/
FACEBOOK : https://facebook.com/IAMEidentity
TWITTER : https://twitter.com/@iameidentity
TELEGRAM : https://t.me/IAME_identity
MEDIUM : https://medium.com/@IAMEIdentity
WHITEPAPER : https://iame.io/res/180301-IAME-White-Paper-en.pdf

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