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What's nugget?
Nuggets is an e-commerce payments and ID platform. It stores your personal and payment data securely in the blockchain, so you never have to share it with anyone – not even Nuggets. With Nuggets, you create a secure ‘personal cloud’ of data in zero-knowledge blockchain storage. Not even Nuggets can access this data. You decide if and when you want to share it, and do so on your own terms. Nuggets gives power back to the people, enabling ‘self-sovereign identity’ on a mass scale. And it frees companies from the burden of storing and protecting millions of customer records.
What makes Nuggets this different to other platforms identity platforms?
With Nuggets, you can forget about usernames, passwords, and tapping payment details into dozens of different accounts.
Once you’re set up on the app, you can use Nuggets to pay, login or verify your identity using just your fingerprint (or other biometrics). And every time you do, you earn Nuggets Tokens, which you can spend with any Nuggets partner.
Blockchain technology means you keep control of your information. Nuggets doesn’t share or store your data with anyone, and no one can access it – not even Nuggets itself.
Simple, secure payment: Just select the Nuggets option, confirm with your fingerprint (or other biometrics), and you’re done. Without having to share your personal information. And if you pay with Nuggets Tokens, you save money too!
No more passwords: It’s the same process for logging in to an account. No usernames. No passwords. No ‘What was the name of your mother’s childhood cat?’ And if you ever need to update your details, just do it once – in Nuggets.
Rewards every time: From the moment you sign up, you’re earning Nuggets Tokens. Then you can use them to pay any merchant on the platform. So you can use Nuggets Tokens earned from an airline, say, to help pay for shoes.
No other platform offers all this. There are other identity apps. There are other payment apps. There is nothing that does both, combined with the ultimate security of the blockchain and a token system that rewards you as you go.
Stop worrying about your private data.Stop fearing the next big breach.
Nuggets is an e-commerce payments and ID platform. It stores your personal and payment data securely in the blockchain, so you never have to share it with anyone – not even Nuggets. With Nuggets, you create a secure ‘personal cloud’ of data in zero-knowledge blockchain storage. Not even Nuggets can access this data. You decide if and when you want to share it, and do so on your own terms. Nuggets gives power back to the people, enabling ‘self-sovereign identity’ on a mass scale. And it frees companies from the burden of storing and protecting millions of customer records.
What makes Nuggets this different to other platforms identity platforms?
With Nuggets, you can forget about usernames, passwords, and tapping payment details into dozens of different accounts.
Once you’re set up on the app, you can use Nuggets to pay, login or verify your identity using just your fingerprint (or other biometrics). And every time you do, you earn Nuggets Tokens, which you can spend with any Nuggets partner.
Blockchain technology means you keep control of your information. Nuggets doesn’t share or store your data with anyone, and no one can access it – not even Nuggets itself.
Simple, secure payment: Just select the Nuggets option, confirm with your fingerprint (or other biometrics), and you’re done. Without having to share your personal information. And if you pay with Nuggets Tokens, you save money too!
No more passwords: It’s the same process for logging in to an account. No usernames. No passwords. No ‘What was the name of your mother’s childhood cat?’ And if you ever need to update your details, just do it once – in Nuggets.
Rewards every time: From the moment you sign up, you’re earning Nuggets Tokens. Then you can use them to pay any merchant on the platform. So you can use Nuggets Tokens earned from an airline, say, to help pay for shoes.
No other platform offers all this. There are other identity apps. There are other payment apps. There is nothing that does both, combined with the ultimate security of the blockchain and a token system that rewards you as you go.
Stop worrying about your private data.Stop fearing the next big breach.
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One secure account for everything: login, payment, and ID verification.Never share or store your data with anyone – not even Nuggets.
Take back control of your data
Nuggets gives anyone the power to take back control of their data. Instead of handing over payment and personal information to dozens of different companies, you can choose if and when to share data – and do so on your own terms.
For businesses, this removes the burden and risks of trying to manage and secure huge data silos. By atomising those silos, Nuggets can remove the biggest challenge facing companies today: cyber security.
Internet of value
Nuggets puts real-world value on personal information. Right now, we all routinely give away highly valuable information to dozens of companies, just to use their services. Nuggets Tokens put a real value on that information, reflecting its enormous value for those companies.
The more you use the service, the more Nuggets Tokens you’ll earn to pay for products and services anywhere in the Nuggets ecosystem. Crucially, you’ll gain more Tokens if you choose to share elements of your data, like your email address for example. This creates a genuine “internet of value”.
Regulation and privacy
The system dynamically generates and shares encryption / decryption keys. The anonymity this provides, combined with zero knowledge storage and a privacy network, lays the foundation for GDPR compliance in a blockchain solution.
Massively reducing data silos means much lower risk of non-compliance with the upcoming General Data Protection Regulation (GDPR) and the Federal Trade Commission Act (15 U.S.C. §§41-58) (FTC Act).
E-commerce
Nuggets is the key to unlocking the vast potential of e-commerce – which is growing explosively across the globe. As an agnostic platform, Nuggets will be available across e-commerce platforms and payment gateways.
It can even be used in conjunction with existing payment platforms. Instead of entering an existing payment method, you could select “Nuggets” as an option. This creates an entirely new, blockchain-enabled platform for making simple e-commerce payments – without ever having to sacrifice control of your personal data.
Proof of good actor
Nuggets verifies your identity when you sign up, in a one-time-only setup process. That establishes you as a trusted actor on the network. And every successful transaction you make after that adds to your trust profile.
Those transactions are stored transparently, without revealing the contents or context, using a privacy framework. Over time, this builds a profile that shows you’re a good actor in the network, and your payment methods are good. The retailer has to demonstrate they are a good actor in the network in the same way.
No more risk assessments and credit checks
Currently every payment is risk assessed as it goes through. But the trust network within Nuggets (described above), which provides proof of a good actor for each user, makes these assessments obsolete.
Data storage is broken. We can’t fix it – we have to replace it.
The current model of data storage, which makes organisations responsible for ever-expanding databases of valuable personal records – is broken beyond repair. Despite the millions spent every year in the mushrooming cybersecurity market, breaches keep getting bigger and more frequent. This broken model cannot be repaired. We need a new model. Nuggets is that model.
Secure, private deliveries
Nuggets also makes it possible to login, order and receive courier deliveries, without having to store or share personal information.
You don’t have to give your address: instead, we can send a GPS location to the courier company. When your package arrives, the courier pings your Nuggets app and you confirm your identity with your biometrics.
If you can’t take delivery in person, you can leave a unique QR code for the driver. They can use it to show they arrived, and tell you the next steps. Or you can use it to give them alternative arrangements.
Nuggets puts the consumer in control. You know exactly where the package is – not just where the courier says it is. Everything is transparent, and you can feed back to the supplier and courier in a transparent, yet private, manner. It’s private people logistics.
Self-sovereign identity
By putting power over data back into the hands of the people (instead of companies), Nuggets enables “self-sovereign identity” on a mass scale.
No more passwords
Passwords are another broken system. The most popular password is still 1234567. And many people stick to the same password for everything. How else can they manage dozens, or even hundreds, of different accounts? Passwords are incredible vulnerable to social engineering, phishing and malware attacks. They just don’t work.
Nuggets only uses biometrics to verify your ID. So you can forget all about passwords – and usernames. You can log in, pay or verify your identity securely, privately and in moments through the app, using your biometrics.
Manual biometric confirmation
Password managers don’t solve the password problem. Right now, autofill requests from your web browser can take personal information from a password manager automatically, if you’ve given permission or not turned off that function.
The manual confirmation in Nuggets puts a stop to this issue. Not only do you need a manual confirmation, that confirmation also has to be biometric. That effectively introduces a powerful human “air gap” into the security process.
For more Informations:
Website | Whitepaper | Token Sale | Linkedin | Twitter | Medium |Facebook | Telegram
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