Frink IDs solve many problems in the world of cryptocurrency. This includes a less volatile, more energy efficient currency which leads to free transaction fees, increased security, and helps us scale the currency by subdividing miners into socially connected communities.
Verifying IDs is quite pricey at the moment, Frink can do this at a fraction of the cost, more accurately, and decentralized.
Bill My Frink Account
Tired of bills in the mail? Users can directly bill their decentralized Frink ID, then have all their bills neatly organized and easily payable from their Frink wallet.
Investment platforms are vulnerable to Pump and Dump schemes and other scams that could be spotted if people had to identify themselves.
By giving people the choice to automatically link all payments with their ID and allowing companies and charities to register with automated tax credits, taxes can be automated.
Decentralized Computing, Storage, and Internet
By tieing an ID to people powering and participating in these decentralized networks, Frink increases the trust, performance, and accuracy of these platform as a whole.
Server and Computer Security
Imagine modifying internet packets to require that they are signed by the sender’s Frink ID before they ever reach your computer and being able to permanently blacklist thieves and blackhat hackers. We can simultaneously encrypt every packet sent between any two computers. This is possible to do while maintaining high performance.
Imagine being able to block not just an email address or phone number but the person or company sending those emails and making those phone calls or even sending letters.
Captcha and Single Sign on Solution
By connecting to users with IDs that are unique to the company verifying the individuals, that company may rest easy knowing that their users are unique without needing to pry into their personal information.
Having a strong ID linked to a person helps online elections and public opinion polls be much more accurate.
Decentralized marketplaces in particular are ripe for scams, by having a way to tie reputation to a seller while allowing the seller to remain anonymous, we provide buyers a better experience.
In fact, any online interaction or transaction that requires trust can be improved by Frink, we hope to work with many of the already existing decentralized projects already working on similar systems to encourage usage of Frink IDs.
We welcome and will pay for help creating any of these platforms based off of Frink IDs or integrating them into existing platforms!
We hope to raise enough in our ICO to allow all of these to be worked on in parallel.