SALAM FROM OUR COMMUNITY NUGGETS
what is Nuggets?
Nuggets are e-commerce payments and ID platforms. It stores your private data and your payments are blocked safely, so you do not have to share them with anyone - even Nuggets. This was inspired by the experience of CEO Alastair Johnson because the details of his payments were used fraudulently - and the complicated and frustrating process that took place. Nuggets solve this problem, using zero knowledge storage, encryption, privacy, security and trust, all combined with a ledger that can not be decentralized.
For consumers, Nuggets is a unique and secure login process for payments, login and ID verification, without tracking or selling of your activity. Pure access via biometrics to replace username and password.
For businesses, Nuggets will mean the end of broad and vulnerable customer data data, minimizing the risk of regulatory issues. The Nuggets platform is agnostic, and will be available on e-commerce platforms and payment gateways.
Think thinking think
There are several ways to promote Nuggets products. These can be combined or used separately, depending on the possibilities.
Take control of your data again
Nuggets give someone the power to control their data. Instead of handing over payments and personal information to dozens of different companies, you can choose when and when to share data - and do so on your own terms.
For businesses, this eliminates the burden and risk of trying to manage and secure large silo data. With silicon atomization, Nuggets can eliminate the biggest challenges facing companies today: cyber security.
Internet is valuable
Nuggets put real world value on personal information. Currently, we all regularly provide valuable information to dozens of companies, just to use their services. Nuggets Tokens give real value to the information, which reflects the enormous value for the company.
The more you use this service, the more Nuggets Tokens you'll pay for products and services in the Nuggets ecosystem. Crucially, you will get more Tokens if you choose to share your data elements, such as your email address for example. It creates the original "internet value".
Rules and privacy
The system dynamically generates and shares the encryption / decryption key. This anonymity provides, combined with knowledge storage and zero privacy networks, lays the foundation for GDPR compliance in blockchain solutions.
The mass reduction silo data means lowering the risk of non-compliance with the upcoming General Data Protection (GDPR) Regulations and the Federal Trade Commission Act (15 USC §§41-58) (FTC Act).
E-commerce
Nuggets are the key to unlocking the enormous potential of e-commerce - the explosively growing worldwide. As an agnostic platform, Nuggets will be available on e-commerce platforms and payment gateways.
This can even be used in conjunction with existing payment platforms. Instead of entering an existing payment method, you can choose "Nuggets" as an option. This creates an entirely new blockchain platform for making simple ecommerce payments - without having to sacrifice control over your personal data.
Good actor evidence
Nuggets verify your identity when you log in, in the one-time setup process. It makes you a trusted actor on the network. And every successful transaction you make after that adds to your trust profile.
Transactions are stored transparently, without revealing contents or contexts, using a privacy framework. Over time, this builds a profile that shows that you are a good actor on the network, and your payment method is great. Resellers should show that they are good actors on the network in the same way.
No more risk assessment and credit check
Currently every payment is rated risky when walking. But the trust networks in the Nuggets (described above), which provide good actor proof for each user, make this assessment obsolete.
Data storage is broken We can not fix it - we have to replace it.
The current data storage model, which keeps the organization accountable into an ever-growing database of personal records - is severely damaged. Although millions of people spend every year in the cybersecurity market that is mushrooming, the violations continue to grow and become more frequent. This damaged model can not be fixed. We need a new model. Nuggets is the model.
Delivery
Secure and private Nuggets also allow entry, ordering and receiving courier delivery, without having to store or share personal information.
You do not need to provide your address: instead, we can send GPS location to courier company. When your package arrives, the courier posts your Nuggets app and you confirm your identity with your biometrics.
If you can not receive the delivery directly, you can leave a unique QR code for the driver. They can use it to show that they've arrived, and let them know the next step. Or you can use it to give them alternative settings.
Nuggets keep consumers in control. You know exactly where the package is - not just where the courier says it. Everything is transparent, and you can give feedback to suppliers and couriers in a transparent but personal way. This is the logistics of the person.
Sovereign identity
By empowering data back into the hands of people (not companies), Nuggets allow "identity" on a mass scale.
No more passwords
Password is another corrupt system. The most popular password is 1234567. And many people keep using the same keywords for everything. How else can they manage dozens, or even hundreds, of different accounts? Passwords are especially vulnerable to social engineering, phishing attacks and malware. They just do not work.
Nuggets only use biometrics to verify your ID. So you can forget all about password - and user name. You can log in, pay or verify your identity securely, privately and through apps, using your biometrics.
Manual biometric confirmation
The password manager did not resolve the password problem. Currently, refill requests from your web browser can automatically retrieve personal information from the password manager, if you give permission or do not disable the functionality.
TOKEN SALE FUNDING
team. "Company Token" is a long-term backup with one year lock. There is no intention to release this to the market at once. They will be released when and when necessary in a controlled manner that benefits the ecosystem as a whole. The last 5% of total Nuggets Tokens will be used to cover legal fees, regulations and other costs that must be launched in each market. It will be sold when and when it is needed to cover the cost of the service provider. Nuggets will also release a number of Nuggets "Team Tokens" to existing employees and consultants and when and when new members join the team. "Company Token" is a long-term backup with one year lock. There is no intention to release this to the market at once. They will be released when and when necessary in a controlled manner that benefits the ecosystem as a whole. The last 5% of total Nuggets Tokens will be used to cover legal fees, regulations and other costs that must be launched in each market. It will be sold when and when it is needed to cover the cost of the service provider. The last 5% of total Nuggets Tokens will be used to cover legal fees, regulations and other costs that must be launched in each market. It will be sold when and when it is needed to cover the cost of the service provider. The last 5% of total Nuggets Tokens will be used to cover legal fees, regulations and other costs that must be launched in each market. It will be sold when and when it is needed to cover the cost of the service provider.
Manual confirmation in Nuggets stops this problem. Not only do you require manual confirmation, the confirmation must also be biometric. It effectively introduces a powerful "human air gap" into the security process.
FOR MORE INFORMATION BELOW:
Website: https://nuggets.life/
Twitter: https://twitter.com/nuggetsPAYandID
Facebook: https://www.facebook.com/nuggetsPAYandID
Telegram: https://t.me/nuggetsblockchain
AUTHOR:Gambangcity
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