What is Persona

Maret 16, 2018

What is Persona

Do you want to save personal data and identity with a platform? Of course, data keeping and storage are mostly needed by companies and individual. The safest data keeper platform surely will be chosen. A platform based on blockchain seems to be the best choice for data storage. This platform is keeping any personal data securely through a blockchained — system. Persona can be a right platform for managing personal data and identity.

Persona is a service to manage all your identity with the latest data protection which also can give the individual to gain control over their own personal data. By using persona, individuals need only a short time to update the data and so the service provider can also access their customer data with the latest version.

The main goals of Persona are:

To leverage the identity of management services for individuals based on what blockchain technology can offer.
To protect individual personal details. While it is clear that individuals need to provide details to various entities, they have no control over it afterwards to share. Persona puts people back into the driver’s seat.
Empower each person and to give them power on what it shares and with whom when it comes about their personal identity and details.
Allowing trusted third parties who with personal details enrich their services by offering trust as a service.
To prevent false news, by providing a decentralized identity management system, Persona will provide the level of trust we all need when we rely on news Based on the public Persona profile of any content creator, we can trace the news to the source.
To streamline the onboarding process since someone may have been checked by some of the listed entity entities in the system

KYC Persona Type:

The first level is represented by communities whose identities are checked by
peers. This is a joint effort, in which people are encouraged to validate each other’s identity. They must confirm the authenticity of the documents and the identity of the person applying for review.
People who offer verification services will be shown on the Persona website. They will be rewarded for verification services by accepting PRS. The threshold for verification is illustrated below

The instructions are divided into several levels, based on the number of verifications they provide. The maximum percentage a person can get with verified by the community is 90%.
The remaining 10% can only be achieved once a private partner (institution, utility provider or company) acknowledges the validity of the data.
Based on their Persona activity and shares, the individual who verifies the service to someone else, can go up to 30%. This means one can only see 3 people who can offer a 30% approval rate to achieve a 90% verification rate.

Architectural Technology (blockchain design)
Persona will use Blockchain (Distributed Ledger Technology) technology to manage user permissions, approval transactions and identity proofs. We will deploy our own blockchain, called “The Persona Blockchain” which has the following characteristics:

DPOS blockchain with 51 branching delegates from capchain ark (ark.io)
Blockchain will be public and will feature interoperability with other blockchains through Smart Bridges. Smart Bridge allows blockchains to communicate between interconnected information and the other way distributed.
Persona will integrate natively, at the blockchain level, a solution such as IPFS sharing documents and files between users.

Possible consequences of non-compliance with GDPR for companies are:

Position and notoriety Risk — Implementation of the GDPR rules with the obligations set out to inform the authorities when there is data Violations occur, will result in increased law enforcement activity. The first affected is the company’s market position and reputation, which will be compromised.

Geographic Risk — The new regulation includes all companies and organizations offering goods and / or services to the EU market or it monitors EU citizens’ behavior to offer goods and / or services. Here also included all data analysis companies

Sanctions — Significant penalties of up to 4% of annual global turnover or € 20 Million, whichever is greater will apply to companies that fail to comply with GDPR’s new rules.

Calendar / Token sales schedule

Private Sale: 15.12.2017–15.01.2018

General Sales I: 23.01.2018–30.01.2018

General Sales II: 01.02.2018–08.02.2017

General Sales III: 09.02.2017–16.02.2018

Token Distribution: 30.03.2018

Persona Token (PRS)

The number of seeded tokens will be 100,000,000 PRS. The price for one PRS token is $ 0.2 The total allocation for 100,000,000 PRS is:

70,000,000 PRS is allocated to TGE. 15.000.000 PRS is allocated to a team consisting of the founders. tokens allocated to the team will be held for a period of three years, broken into annual payments as follows:

10% in genesis;

30% after 12 months

30% after 24 months

30% after 36 months

12.000.000 PRS allocated for Persona Startup Fund

1,000,000 PRS is allocated to advisors. The tokens allocated to the advisor shall be employed within a period of 6 months

2,000,000 PRS allocated for the gift