What Is Signata (SATA)?
Developers of online services spend countless hours of effort in the construction of systems to collect private information to identify users, and even more effort in maintenance of these systems to remain compliant with local and international laws and regulations. Taking payment for services only adds to this burden, as organizations must pay and rescind control to 3rd party service providers to deliver secure and fraud-resistant services for the collection and management of payment information. In this paper Signata discuss the service as a means to bind the next generation of identities.
Identities that are kept anonymous from service providers, and we present IdGAF – the Identity Guard & Anonymity Framework as a decentralized on-and-off-chain solution for the identification, authorization, and life cycle management for modern identity. Signata will present the ability for users to self-assert identities onto chains via smart contracts, as well as the ability for service providers to validate and maintain known anonymous identities via off-chain solutions.
Signata will discuss the capabilities already in place with for the management of hardware wallets and interactions with block chains, the next phases of the product to incorporate the IdGAF as a full identity and payment platform, to introduce the new SATA token to back these systems, and how these services will provide the first proof of concept for the independent integration of other services using this framework.
Signata Storage Key Points
|Circulating Supply||14,848,771.67 USDJ|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Signata operates as a zero-knowledge service for all secrets stored in the system. Users must configure a BIP396 mnemonic recovery passphrase to retain the ability to recover their account should they lose their YubiKeys. The encryption key that resides on their YubiKeys remains on the user’s YubiKey in exportable smart card storage, and an encrypted version is stored within the service as a backup. To ensure itself does not become a target for attack, the user’s mnemonic is never sent to the storage that the service operates.
For users to interact with their addresses, they simply need to connect their YubiKey, provide their PIN (similar to authorising a payment using a credit card, but only the YubiKey and user knows the PIN), and the keys are decrypted for the user to use them. Unlike common hardware wallets the keys themselves don’t actually reside on the YubiKey, only the encryption key does. The encryption key is protected from unauthorized use by the user’s PIN, and repeated failed PIN attempts will send the YubiKey into a locked state to ensure brute-forced access cannot be attained.
Anonymized Identity Providers (DeREx)
Signata In the current Identity Provider market, most providers offer the combination of some form of persistent identity collection solution, single sign-on capabilities, session management across services, and (for more advanced integrations) adaptive risk solutions for observing unexpected user behaviour. Connected IdGAF service providers will instead deliver the core capability of persisting identities but retaining anonymity, as well as offering the ability for the capture and management of payment for services directly linked to the identity provider.
With this integrated approach system developers no longer need to integrate two disparate systems to achieve the same overall outcome for their products – users can authenticate securely and pay for services within the same set of transactions, and without needing to surrender personally identifiable information to the service provider. Service providers can additionally relieve themselves of the responsibility to capture and store identity and payment information, removing the potential exposure of identifiable information once a system has experienced a data breach or leak.
Users can attend spiritual courses and communicate directly with gurus. By attaining the highest knowledge in enlightenment, and awareness, user avatars acquire the highest value within Signata Galaxy due to their exceptional status, abilities and capabilities. The goal is to enable the users to create content that brings purpose to themselves and others.