Payment and ID without sharing personal data
Nuggets is an e-commerce payments and ID platform. It stores your personal and payment data securely in the blockchain, so you never have to share it with anyone – not even Nuggets. With Nuggets, you create a secure ‘personal cloud’ of data in zero-knowledge blockchain storage. Not even Nuggets can access this data. You decide if and when you want to share it, and do so on your own terms. Nuggets gives power back to the people, enabling ‘self-sovereign identity’ on a mass scale. And it frees companies from the burden of storing and protecting millions of customer records.
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You get Nuggets Tokens when you sign up, refer, login, pay or verify with Nuggets, and if you choose to share some of your information. Once you have Tokens, you can use them to buy products and services with merchants in the Nuggets ecosystem without compromising your security.
With Nuggets, you can forget about usernames, passwords, and tapping payment details into dozens of different accounts.
Once you’re set up on the app, you can use Nuggets to pay, login or verify your identity using just your fingerprint (or other biometrics). And every time you do, you earn Nuggets Tokens, which you can spend with any Nuggets partner.
Blockchain technology means you keep control of your information. Nuggets doesn’t share or store your data with anyone, and no one can access it – not even Nuggets itself.
Simple, secure payment: Just select the Nuggets option, confirm with your fingerprint (or other biometrics), and you’re done. Without having to share your personal information. And if you pay with Nuggets Tokens, you save money too!
No more passwords: It’s the same process for logging in to an account. No usernames. No passwords. No ‘What was the name of your mother’s childhood cat?’ And if you ever need to update your details, just do it once – in Nuggets.
Rewards every time: From the moment you sign up, you’re earning Nuggets Tokens. Then you can use them to pay any merchant on the platform. So you can use Nuggets Tokens earned from an airline, say, to help pay for shoes.
No other platform offers all this. There are other identity apps. There are other payment apps. There is nothing that does both, combined with the ultimate security of the blockchain and a token system that rewards you as you go.
We’re planning to launch in Q1 2018.
Nuggets will be available across Mobile (iOS and Android), but you can also use it for services on your desktop – service providers just ping your mobile app for verification.
Yes, Nuggets is free for consumers to use. Merchants pay a small fee every time you use Nuggets to log in, pay or verify your identity through their service.
The Nuggets platform is anticipated to launch in the UK in 2018, followed by a launch in US. We’re also exploring merchant and payment partnerships in other markets.
“Nuggets” was the word used by Alastair, our Founder, to explain how “nuggets” of personal data are encrypted in zero knowledge storage in a blockchain. When you decide to share data, the platform only shares the smallest “nugget” of information necessary to complete the transaction.
These nuggets also have value: the more you use the service, the more Nuggets Tokens you’ll gain to pay for products and services. You also gain Tokens by choosing to share data – finally putting a real value on your personal information.
No more ID or credit card fraud. No more passwords. The future is safer and simpler with Nuggets.We’re reinventing privacy and security. We’d like your help.
Give us your email and we’ll add you to our Alpha, as well as keeping you updated on progress.