DigitalIdentification&Authentication(I&A)ThroughFaceRecognitionTechnology

AccessingandDistributingElectronicallyDeliveredStateofTitleCertificates

Partners• AppliedRecognition

• BasedinTorontoAppliedRecognitionhasdevelopedfacerecognitionfortheauthenticationofpeople,theirphotoIDandtheirdigitallysignedtransactionallwithinintheconsumercontrolovertheirprivacyandsecurity.

• BlockchainAcuity• VancouverbasedBlockchainAcuityisaconsultancyandfullstackdevelopmentfirmthatbuildscustomsolutionsonavarietyofdifferentplatformssuchasBitcoin,Ethereum,RippleandHyperLedger

• YongleTechnologies• VancouverbasedYongledevelopedthefirstplatformtoallowacompletelypaperlessnewhomesalefromstarttofinish.ThroughtheYongle’sinnovationsfornewhomesalesmanagement,developers,theirmarketingagenciesandclientscanrealizetheeaseandconvenienceofpaperlesslocationlesshomepurchasing

• SourabhSiddharth• VancouverbasedSourabhisablockchainenthusiast,SoftwareEngineer- ApplicationManagementandServices.Activelyseekingresearch/internship/jobopportunitiesasadeveloperonblockchainplatform.

Blockchain– beautyandthebeastTheBeautyofBlockchain• Bitcoinhasproventheefficiencyforaccessing,

trading,verifying,andtrusting theabilitytomovemoneysecurely

• BitcoinhasproventhatBlockchainisatechnologythatcannotbebrokenintoorhackedunlikemanualsystemstoday

• Bitcoinhaseliminatedthemiddlemanandreturnedpowerandcontroltotheconsumertoexchangemoneythewayweusedtowithpaperandcoins.

• BlockchainbasedTitleCertificateswouldbringbackcontroltotheconsumertoownandandcontroltheirlandownership

• Blockchaintechnologyeliminatescentralizedrecordkeepingandtheunderlyinginefficiency,costandweaknessofmistakes,tamperingandfraud.

• BlockchainisperfectforElectronicallyDeliveredStateofTitleCertificatesandremovingfrictionfromrealestatetransactions

TheProblemwithBlockchain• Bitcoinhasproventhatwithoutstrongidentityandauthenticationthatfraudwilloccur

• Easytoimpersonateortakecontrolandstealanotherperson’sBitcoinbecauseofanonymityandlackofidentityandauthentication

• Withoutvisibilityandidentityauthentication• Howcanthird-partiestrustthis?• Howcanthird-partiesdigitallyverifyacustomer’s

identity?• Howcanparticipantsbeconnectedtostreamline

theprocessofsharingandusingandvalidating?• Howcanaccessbecontrolledorpermissionedbya

propertyowner?

FaceRecSuperiortootherI&Amodalities:FaceRecognitionisthebestforDigitalIdentityandAuthentication

➲ 100% privately and securely on the phone➲ No centralized collection of biometric➲ Compliant with privacy laws➲ North America and Europe

➲ 100% Canadian

¥ Facialpictureauthenticationestablishedascitizennormworldwide(passport,drivers’license,etc.)

¥ Innateidentityandrecognitiontohumans¥ UniversalandUniqueIdentifier¥ Camerasareubiquitous¥ Containspermanentinformationandmeaning¥ Bestlivenessandanti-spoofingtechnology¥ ProofstopsSpoofing

FaceRecognitionSuperiortootherIAmodalitiesbecause:

PhotoIDAuthentication

¥ IDHolder¥ SelfieAuthentication¥ Facelivenessandanti-Spoofing

¥ PhotoIDauthentication¥ PassportChipwithchipValidation¥ Driver’sLicenseAuthentication

¥ AML/KYCFintraccompliant¥ Requiredfor

¥ RealEstate¥ Banks¥ Lawyers

IdentitiesRequireauthenticationfaceandphotoIDautomateauthentication

DocumentSigning–FaceBasede-Witness

¥ APeninEveryPhone/Wallet¥ GovernmentPhotoIDCapture¥ RemoteAuthentication– nowitness

required¥ Signanywhere,anytime,anydocument¥ Usingaphone¥ Withinminutes…Signacontract

TheIdentitiesthanneedtobeAuthenticated• EachParticipantneedonlyregisteronce.• AML/KYCCompliant• Trustedidentity• Trustauthentication• TrustPrivateSigningKey

AcuityWalletwithFaceAuthentication

• Nopasswordweakness• Faceauthentication• Unlockswallet• Authorizestransactions• Facephotoaudittrail

• Highervaluetransactionsrequirecertainty• StopsHackersandFraudsters• TheWalletStorestheTitleCertificate

EmbeddingIdentity

¥ PIPEDADigitalSignaturecompliant

¥ UserauthenticatedtotheWalletwiththeface

¥ TheFacereleasestheirprivatekey

¥ Optionallyembedtheusers

¥ Face

¥ PhotoID

¥ Inthedigitallysignedcontract

¥ Willstopfraud

¥ Bestofevidence– betterthaninkonpaper

¥ Moreconvenient

IrrefutableProofofWho

PrivateWallet- KeyRecoveryTwoLevelsofRecovery1. KeyOwnerisaliveandavailable

• EmbeddedfeatureofAcuityBlockchainWallet• Allwithintheuser’scontrol• SelfService

2. KeyOwnerisdeadorotherwisecompromised• Keyescrowisacryptographickeyrecoveryprocess

• Keyissplit,encryptedandheldinescrowbytwotrustedthirdparties.• KeysescrowedbytheTheLandTitleandSurveyAuthorityofBritishColumbia• Underthecareofsecurityemployees

• Forakeythatislostorcompromisedbyitsoriginaluser(s)• Escrowisusedtodecryptencryptedmaterial,• Allowingrestorationoftheoriginalmaterialtoitsunencryptedstate.

• Keyrecoveryrequirestwotrustedemployee• UsingFacerecognition/authenticationEmployeeunencryptedkeyhalvesforkeyreconstitution• Theentireprocessisdonewithcreationofaphotoaudittrail.

PrivacyandSecurity

• BlockchainisbuiltonPublicKeyCryptography• Withtheaddedabilitytosecure,authenticateandperpetuateadigitalassetsuchthatitcannotbecompromised.• PublicKeyCryptographycanbeusedtobothauthenticateandtoprotect(encrypt)information• Assuchwithanappropriatelyarchitectedidentityauthenticationsystemthatmanagesthemembersofablockchainbothauthenticationandprivacy/securitycanbeachieved• Insuchsystemassetsownercancontrolwhotheygrantaccesstoandaccessescanrelyonthatauthenticityoftheassets

AddressingtheProblemTheProblem• AneSTCisacertifiedcopyofalandtitlethatisprocessedbythelandtitleoffice(theLTSA).StateofTitleCertificates(STC)

• ToelectronicallyissueSTCstocustomers• AllowsfortheexpirationandremovaloftheeSTCsstoredwithLTSA

• Sothird-partiescantrustanelectroniceSTC?• Sothird-partiesdigitallyverifyacustomer’sidentity?

• Sopropertyowners,lawyers,banks,LTSA,etc.beconnectedtostreamlinetheprocessofsharingandusingeSTCs?

• SoaccesstoaneSTCbecontrolledorpermissionedbyapropertyownertosharewithotherinterestedparties?

TheSolution• AllyouhavetodoisDigitallySigntheeSTCPDF

• Thengiveittothepropertyowner.• Nostorage,expirationorremovalisrequired• Theownerscontrolswhoseesit• Therecipientwillhavetoverifytheidentity• LTSAhasnocapacitytotieidentitytolandownership

• Whatwepresentedisoverkillfortheproblemyouaretryingtosolve.

• AblockchainlandtitlesystemwillbeinfinitelysuperiortotheTeranetSysteminOntario

• Itisthewaytoconvertyourpapersystem