Portmone: Service to validate individual identity in a fraud-proof way

In 2018, the Federal Trade Commission (FTC) processed 1.4 million fraud reports, with every 4th indicating to be the money loss, totaling $1.48 billion in losses. That's an increase of $406 million over what consumers reported losing in 2017. Credit card fraud tops the list of identity theft reports in 2018. The FTC received more than 167,000 reports from people who said their information was misused on an existing account or to open a new credit card account. The problem is critical and growing. That is how statistics tell us about the scale of the problem. But let's stop and think for a moment about an average American family that is hardworking and looking into its bright future or future of its children. Just put yourself into the shoes of those who have found out that a couple of years ago, their identity was stolen by the thief. And there is damage to their credit history that would be difficult to fix. At that same minute, the victim understands that all the doors of the financial world are closed, and now the victim has to fight for its own name. This fight may last for years. That's the status quo at the moment; we all are under the risk to fall the victim of identity fraud. That's why Portmone is here to change it. Portmone provides the service to let the 3rd party business request the customer's identity-related information in fraud-proven way, where the customer controls of what is shared and to whom. By integrating with Pormone, the 3rd party businesses increase customer loyalty, whereas the customers get an assurance that their identifiable information won't be stolen. ___ Please let us know your thoughts about the service. If you are not among those, which felt the victim of identity fraud, do you still find the service useful for you? Would you rather use it instead of sharing your document online or at the local liquor store? Also, if you'd like to be among the first users of the service, shout out to us!