The universal theory of logging in.

Or: The end of usernames and passwords.

How many username/password combinations do you have online? 50? 100? 200? Pretty ridiculous, isn’t it? And if you’re using the same password for multiple logins, that’s not good either. How do we chart a course to a time when you won’t have to remember your mother-in-law’s maiden name just to buy a pair of shoes online.

I wrote it down somewhere…

A few years back, I had my card details used fraudulently. After the hassle of canceling the card and ensuring I wouldn’t be responsible for the fraudulent charges, the real problems started. I had to wait two weeks for a new card. Suddenly my subscription services began stopping. Not good. Once I got the new card, I realised I had to update numerous sites with the new information. I thought to myself “There has to be a better way.” That, in a nutshell, is Nuggets’ origin story. Out of pain and frustration came innovation.

The data varies, but some surveys have determined that the average person has 100+ online accounts. Those numbers are on track to double in five years. Even with two-step verification, unique passwords for every site, and digital lockers to aggregate login info, the model is unsustainable. Combine that with the fact that many people still value experience over security — the number one password in 2017? 1234567 — and you’re looking at an unmitigated data security disaster.

So why is this our default? Because, before the technological breakthrough of the blockchain, building a proprietary database was pretty much the only game in town. And once it’s built, the investment requires caretaking and maintenance. There have been “improvements of convenience” — cross-domain login protocols using Facebook or Google, for example — but those come at the cost of giving up yet more data. With so many different silos of data and cross-pollination of access to that data via the sharing of credentials, who owns what? One thing is clear — it’s not us. And we’re still stuck remembering username/password combinations and having our personal and financial information susceptible to hackers and fraudulent activity.

Nuggets: Blockchain. Biometrics. Boom.

On the blockchain, the principle of zero knowledge storage applies. Only you have access to your information. There’s no back door access that can be leaked, stolen, or accessed. Data is decentralized. No person or merchant is more trusted than another. Nuggets leverages the encryption, privacy, security, and trust of the blockchain and layers on biometrics. Only you can initiate, complete, or access the information. Any merchant that accepts Nuggets won’t be able to access or store any of your data.

With Nuggets, you pay, login, and verify your identity in an instant. Just verify your ID with your biometrics (like a fingerprint), and you’re done. You don’t have to share or store your data with anyone. With your details only in Nuggets, you only have to update them once if they change. And there’s no administrator level to Nuggets. No one can get into your account except you. No usernames. No passwords. No email or SMS verifications. All the systems that were so vulnerable no longer exist. There’s no way in. You’re in total control.

Sounds like progress, doesn’t it? Just don’t forget to bring your finger.

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And we invite you to learn more about our Token Sale.

Also, if you have any questions, please leave them below. I’ll respond to everyone.

Until next time…