The Stratis Identity app builds on the concept of identity management on the blockchain. The power of the Stratis Platform enables users to prove their identity using the Stratis blockchain. Users of the app create an account and then attest their personal information. They can then share these attestations with other app users.
The practical purpose of the app includes, but is not limited to, providing solutions in the following scenarios:
1. Users wishing to fund a business venture. Before sending money via an online payment system, they need to verify the identity of the business owner is genuine.
2. Organizations wishing to make a non-financial investment. They might want to offer a job interview to a remote candidate, but they need the candidate’s employment history confirmed. Verification of the user’s Linked In account using the Stratis Identity App allows them to proceed to the next stage with confidence.
3. People meet online (via dating apps for example). The Stratis Identity App can be used to provide a discreet identity check before an in-person meeting.
Prove your identity: Users log into a social networking site of their choice (LinkedIn, Google, or Microsoft) thereby creating proof of their identity. These attestations are then stored on the Stratis blockchain.
Ultra-secure storage of personal data on the blockchain: An SHA-256 algorithm is used to securely store and timestamp user information on the Stratis blockchain; it is impossible to ascertain a user’s personal data from the hash created by the “one-way” SHA-256 algorithm.
Fine control over which information is shared: Users have the option to expose personal information from the social networking sites or hide it entirely when sharing attestations.
Easily verify received attestations: The personal information a user receives, whether it is exposed or not, is verified against the hash stored on the blockchain.
Full account management: A user’s identity and attestations on the Stratis blockchain can be managed via the Stratis Identity app.