When used in public transport networks TrustID enhances:
Safety: Travelers are able to securely store important medical information on TrustID which can only be externally accessed by pre-authorized personnel such as EMTs and other emergency services staff.
Data analytics: Transportation staff are able to gather more precise data sets on their travelers. This includes:
-Who is traveling
-For how long
This data is then used to inform public transport policy to better suit the needs of the travelers.
Given TrustID is built on the EOS blockchain, commuters have complete control over their data and therefore can either restrict access or grant it to third parties. TrustID has no control or insight into any data whatsoever because the system is totally decentralized and TrustID does not hold the private keys of the individuals.
Facilitates the creation of greener cities: One of the most prevalent parts of the TrustID system is the emphasis on a user’s eco-score.
Conceptually similar to a credit score, a user’s eco-score is increased when undertaking certain environmentally friendly behavior. For example, connecting one’s household smart meter to their TrustID account will mean that they will increase their eco-score should they decrease their household’s energy consumption.
Using public transport instead of cars is an activity that increases their eco-score and this is achieved by connecting one’s travel card to their TrustID account. Their eco-score is then increased when they top-up their travel cards.
Users are then rewarded for achieving and maintaining high scores with benefits such as lower banking fees and exclusive discounts at retailers. Our growing network of partners, all of whom are keen to fight climate change, make this possible.
TrustID is also built on the EOS blockchain and therefore not only gives greater control to the user over their data but optimized data security and management. Built upon the EOS blockchain, the platform facilitates both the verification and cryptographic storage of personal information, including, but not restricted to academic credentials, nationality, and medical information such as blood type.
The system comprises two main components, an app (as seen to the right), through which users both verify and securely store information such as identity credentials and medical history; and a business-facing platform that is granted access to very specific data (all determined by the user). All of which is completely inaccessible to TrustID given the decentralized nature of the platform.
Additionally, TrustID's Eco-scoring initiative is used to verify and reward environmentally-friendly activity undertaken by users. Through activities such as taking public transport instead of cars, recycling, or reducing household power consumption, users increase their eco-score. The greater a user's eco-score, the greater their rewards, for example, reduced banking fees and exclusive deals at major retailers can be accessed by a user having a higher eco-score.