AMA Recap Crypto Library with Integritee

                                        

On 26th November 2021, Integritee conducted an AMA in the Crypto Library Community. Our guest is Tristan Jose. Lots of questions as usual from the Community about Integritee progress. The Integritee team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Crypto Library community. If you missed the AMA in person, read this recap for a deeper insight into Integritee.

Let’s take a look at the most interesting points of our conversation. 

INTRODUCTION
Crypto Library Team : So, before we start the AMA could you please introduce yourself to our community?

Tristan (Integritee) : Hi  - yes absolutely! I have been with the Integritee Team for the half a year now to help them get their amazing project and story told and understood by a wider audience. The Integritee project actually has been in development under the radar since 2018 when it started development as SubrateTEE and was only renamed/rebranded to Integritee this year. Its an amazing project with real-world implications and applications and I am excited to be part of the journey with them. 
FIRST SEGMENT (HOST)
Crypto Library Team : What is Integritee? and how does it work?

Tristan (Integritee) : A question that is hard to answer in a few sentences! I am sure all of you know the value of data and that Data has become digital gold and all kinds of companies are harvesting, storing and processing it, but without nearly enough consideration of how to protect the very sensitive information they’ve collected. There’s an urgent need for privacy by design, not as an afterthought. Anyone in the business of handling data needs to have a rock solid architecture for keeping that data safe. Our solution offers insight without access, opening a wide range of possibilities. The Integritee platform enables firms and dApps to process their users’ data in a privacy-preserving manner that aids compliance with GDPR and other privacy regulations. Moreover, Integritee enables firms and dApps using its service to prove that all privacy-related requirements have been respected. Integritee is a system that enables developers and firms to unlock the value of sensitive data. By combining the trust of Polkadot, the scalability of second-layer sidechains, and the confidentiality of Trusted Execution Environment (TEE) hardware. Integritee solves the 3 main issues of Blockchain as of today. Its Scalability, Interoperability and Confidentiality at the same time without downsides. Additional to that, Integritee aims to power a new generation of data-driven dApps and services.

Crypto Library Team : What are the features and advantages does Integritee want to offer?

Tristan (Integritee) : Our solution is particularly useful in cases where different organizations need to work together without sharing their secrets. We make it possible to collaborate in processing information without accessing the underlying data. That has application in areas as diverse (and fast growing) as medical wearables and decentralized finance. Integritee’s competitive edge is our unique sidechain network that requires no consensus protocol due to the trust aspects of the TEE technology. This way we combine scalability, privacy, and interoperability with a throughput of theoretically around 1'000'000 tx/sec for dApps. What if you could unlock the value of data, without access to the data itself ? A trusted execution environment (TEE) is a highly secure, isolated area within a computer processor that is separated from the system’s main operating system. It ensures that data is stored, processed and protected in a secure environment. Integritee combines the confidentiality of TEEs with the trust of blockchain. This enables multiple firms or consumers to process data in pre-agreed ways, without having direct access to the full underlying dataset.

Integritee provides a trusted technical foundation. There are far too many potential applications to list but they affect every industry and you personally too! Some examples include:
  • Financial dapps.
  • Medicine, wearables. An Integritee sidechain can be used to share medical data with a medical dapp.
  • Oracles.
  • AI networks that process input data in private mode.
  • Data storage.
  • Bridges to other blockchains.
  • Private messengers.
  • Decentralized identities.
  • Data analytics.
Crypto Library Team : Please tell us about $TEER token! What are the token use-case, distribution, And when does the token sale start?

Tristan (Integritee) : Yes - very good Question! The value of the TEER token is driven by demand for Integritee technology. We know demand is high - as we can show by the number of interesting partnerships we are exploring in and out of the blockchain space. As demand continues to grow the value of the token will increase in the long term. Our intermediary framework also allows for our technology to become accessible to enterprises outside the blockchain space. The TEER token has been designed so that its value will reflect this core competitive advantage, thereby linking the value of an off-chain technology with an on-chain token. By definition, the TEER token has an intrinsic value: users need it to pay for operating in the Integritee network. To ensure that costs are stable and predictable for Integritee users, the usage will be denominated in fiat. Integritee will have a single native token, the TEER, that can freely float among multiple parachains. Thus, governance — which relies on coin voting — should also be unified. Therefore, a single council will be elected and all acts involving coin voting will be aggregated across all parachains/parathreads. Integritee aims to decentralize the Integritee Network as quickly as possible. During the launch phase, it will still have absolute power over the parachain through a “sudo” account. As soon as stable operation has been demonstrated, control over the parachain will be handed over to an elected Governing Council. The TEER token allows its holders to vote for individuals or entities seeking election to the council. This means that every token holder will have the power to drive the future development of the platform and the future of privacy-preserving apps and ecosystems. The initial IEO and Token Sale will be on 30th of November (Next week!) and listing from the 1st December! So don't miss out!! 

Crypto Library Team : Could you give us some information about your roadmap, your milestones, and also your future plans?

Tristan (Integritee) : Ok - I will keep this a bit shorter! Enough with the long answers! As I mentioned our current focus is on the IEO and Token Sale next week and of-course the subsequent listing on the 1st of December. Once that has been completed we will be opening up a new crowdloan campaign to secure a Kusama Parachain slot. Once we are successful with that we will also be looking to gain a Polkadot Parachain slot and we will build and release a bridge between Kusama and Polkadot. We are one of the few projects where there is just one token (TEER) for both chains. If you want to stay up to date with our latest developments then please follow us on Twitter and TG.
SECOND SEGMENT (TWITTER)
Crypto Library Team : Most investors are more focused on token price in the short term, how does Integritee strategy solve this problem to keep investors believing in the project in the long term? Especially lately the crypto market is experiencing a decline.

Tristan (Integritee) : Good question! Of-course we make sure that there is strict vesting conditions for all investors which are enforced by smart contracts to prevent any kind of dumping taking place. And then there is the undeniable aspect that $TEER is a utility token - And so by definition, the TEER token has an intrinsic value: users need it to pay for operating in the Integritee network. There is huge demand for the Integritee technology and we are adding partnerships all the time from exchanges to gaming and KYC. As demand continues to grow the value of the token will increase in the long term and investors know this. We are also looking to empower retail investors through our IEO, Token Sale and of-course with high token rewards in our parachain crowdloans!

Crypto Library Team : What is the role of the $TEER token in the entire Integritee project ecosystem. Will it act as a simple payment currency on all your products? Or will the holder have some sort of benefit or voice in project decisions?

Tristan (Integritee) : Yes, also a very good question  - as I previously mentioned: $TEER is a utility token and will be used to provide access to our products & services. However the token will also have a governance function as I mentioned previously - a single council will be elected and all acts involving coin voting will be aggregated across all parachains/parathreads. Integritee aims to decentralize the Integritee Network as quickly as possible. As soon as stable operation has been demonstrated, control over the parachain will be handed over to an elected Governing Council. The TEER token allows its holders to vote for individuals or entities seeking election to the council. This means that every token holder will have the power to drive the future development of the platform and the future of privacy-preserving apps and ecosystems.
THIRD SEGMENT (LIVE QUESTIONS) 
Crypto Library Team : Many people want to learn about the #Intgritee project but they have problems with English, so are you planning to spread awareness about your project in different countries where English is not good? Do you have a Marketing strategy aimed at developing various communities such as Vietnam, Indonesia, Korea, Iran, Singapore, Philippines, DLL. about the #Intgritee project so they can easily communicate and understand the Project.?

Tristan (Integritee) : Yes a good question! We are very much committed to local community support and try to continue adding as many local communities as possible. Currently we have our official and local community groups on Telegram and Twitter as as follows:
  • Global:
Crypto Library Team : How can I buy tokens from your project? Will you have a program to sell tokens to users in the near future?

Tristan (Integritee) : As I mentioned before - there are a number of ways you can get the $TEER token!  
  • You can participate in our crowdloans on Kusama and Polkadot in the future
  • You can join the IEO & Token Sale on the 30th and ofc after listing on the 1st of December you can buy it easily!
  • You can also get some $TEER rewards from campaigns in our community channels - so keep an eye out! 
Crypto Library Team :  As far as I know, #Integriteeto launch IDO, how can users participate?

Tristan (Integritee) : Yes  - check out the details for the token sale whitelisting here: 
Crypto Library Team : PARTNERSHIP & COLLABORATIONS are the backbone in making every project more widespread. Can you list some of ur partners with us?

Tristan (Integritee) : Absolutely agree  - we have partnerships with more coming all the time ranging from gaming (Ajuna) to KYC (KILT) and exchanges (Polkadex) and many more including Subsocial and Litentry to name just a few!

Crypto Library Team : Where is Real Realm road map now? Are all targets in accordance with the current road map? and what are the next steps that will be taken in the future?

Tristan (Integritee) : Yes - we have a public and easy to access roadmap here: 
Where you can see all the things we have achieved in line with expectations and have not failed in delivery! You can also see all our resources and anything you might need to find out more about Integritee and answer other questions you might have.
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