IDall Crypto Ecosystem for a better human life in Blockchain and Internet

IDall & PASSCON
7 min readSep 26, 2020
IDall Token Economy on DID

Summary

Passwords are a problem everywhere on the internet and on the blockchain. IDall solves the hacking problem of ID and password with PASSCON and blockchain. PASSCON is the only authentication security technology in the world that is simple and secure. If you install the IDall app, you can easily log in anywhere with a single DID without worrying about hacking. The token ecosystem is quickly activated as consumers and stores are connected by DID.

Everyone lives connected to the Internet. Cryptocurrency and blockchain are constantly striving to get closer to real life. However, if we do not solve the problem of password being hacked, we will not be able to use the more convenient and more secure internet and blockchain.

PASSCON, a unique and special security technology, eliminates passwords and connects the blockchain to solve all the problems of previous hacking and inconvenience, and makes it simple and safe to use the Internet and blockchain. As a result, IDall’s cryptocurrency ecosystem will provide a new way to enrich human life.

Most people have experience with patterns or PINs. These are alternative technologies that were created because passwords were too inconvenient. However, traditional patterns and PINs are so simple that they are incomplete in security. PASSCON is very safe because it provides a unique pattern and PIN screen, and input values are made with personalized random numbers. The PASSCON pattern makes it easy to draw complex patterns because the same points can be duplicated, and multiple points can be used.

PASSCON PIN applies to more than one number pad, so even if someone knows the PIN, a third party cannot enter it correctly. In addition, natural random numbers generated by photos are inherently impossible to hack and make digital signature authentication perfect. “PASSCON is the only technology in the world that can remove passwords.”

If PASSCON technology can be applied to all web/app services in the world, there will be no worry about hacking. All of us will no longer struggle with passwords we can’t remember. However, installing PASSCON on all web/app servers in the world takes too long. So we decided to create a DID platform.

The DID platform is a service platform that connects IDall apps with blockchain and web/app services to authenticate without a password (member sign-up/sign-in). In other words, it is “a service that authenticates everywhere with one ID”.

IDall app automatically records digital signatures on the blockchain, and web/apps retrieve and compare other signatures recorded on the blockchain for fast, accurate and secure authentication.

IDall DID Wallet is activated with PASSCON. In other words, simply enter your PIN to activate. Then, when making a money transfer or using a DID, enter the pattern. The two can be used interchangeably.

“Anyone can easily send cryptocurrencies or log in to web/apps. Just enter your pattern or PIN.”

The special advantage of IDall is that you don’t need to know about patterns and PINs, as well as mnemonics or private keys, and you can forget about the security burden. This is because DID Manager securely manages both DID and wallet private key.

There are currently no services that encrypt private keys stored in wallets with full AES256. This is because it is impossible for users to remember and use a 16-digit password. AES256 requires 16 digits.(AES256: Encryption technology adopted by the US Department of Defense)

IDall’s PASSCON pattern and PIN have a personalized security code in the background, so even the longest strings can be easily entered. And what the value is, nowhere is it exposed at all.

In social authentication that we use a lot, hacking issues and abuse of personal information are always being discussed. This is a problem due to the security vulnerability of social sites that rely on passwords and the structure in which personal information is concentrated on the social site server.

IDall DID does not collect any personal information. Personal information can be selectively stored in the user’s wallet. IDall DID does not use a password and applies PASSCON, so there is no fear of hacking. “IDall DID is the only and optimal alternative to social authentication.”

Consumers and stores are connected through the DID platform. Because consumers can use simple and secure login and wallet. In addition, consumers can receive compensation in proportion to the amount paid. Stores no longer need to operate a password security system. Stores no longer have to worry about servers being hacked.

When consumers and stores relate to the blockchain and DID app, they can shop and pay without intermediaries, as well as marketing promotions.

Being able to target sales directly to consumers means that stores can reduce advertising costs and increase sales. Stores can increase sales and IDall platform can earn advertising revenue. A portion of the advertising revenue is paid back to the consumer as a reward.

IDall ecosystem grows and develops by participants. The priority participation of consumers, or individuals, is paramount.

That way, we provide “password management service” first. It is to first target the password management service market that has spread mainly in developed countries. At the same time, it is pioneering a new Southeast Asian market that is not spreading because it is too expensive. The fees for services that have spread to developed countries are very high, with over $12 per year.

When the number of password management service users reaches 1 million, we will move to the DID platform and increase users in a large amount.

Password management services, mainly in developed countries, our competitors already have more than 20 million users. The usage fee is also very expensive and costs over $12 per year. We will focus on the Southeast Asian market by targeting the developed markets by utilizing the low cost of use of 1/12 compared to our competitors and PASSCON’s special security competitiveness.

The IDall platform and token economy ecosystem grow and develop with the community. Since it was designed to target the global market from the beginning, of course, we are focusing on building a global community. There are already local communities and global groups in 16 countries actively operating, disseminating the news of the project quickly and accurately.

“Currently, the IDall project is spreading all over the world through word of mouth by community members, and it is very popular.”

The IDall platform generates revenue for password management service usage and advertising fees for stores. The more users there are, the greater the scale of this monetization will be.

We will buy and burn tokens in the market to share the benefits with participants. Therefore, as the project grows, it will be very easy to manage the value of the token.

Company, Materials and Contact

Founder

  • Yonsei University Applied Statistics Major
  • Nice Credit Information Co., Ltd.
  • Working at DB Interactive Co., Ltd.
  • Representative of O Station
  • Present CEO of GCOD Innovation, Inc.

Personal SNS

Facebook: https://www.facebook.com/PASSCON

Linkedin: https://www.linkedin.com/in/PASSCON/

Official Channel

Materials

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