SINGAPORE - June 27, 2018 - ( Newswire.com

Recently, THEKEY was featured in the book REG CHAIN, the first Chinese book discussing related regulations on blockchain projects.

On 26th May 2018, the book was released by Prof. Dong Yang, Director of the Financial Technology and Internet Security Research Center of Renmin University, at the China International Big Data Industry Expo. As the founder of Big Data Blockchain, Regulation Technology Lab as well as RegChain Lab of Renmin University of China, Prof. Yang is a pioneer and key opinion leader with regards to regulation and compliance on blockchain projects in China.

REG CHAIN has provided comprehensive information to fill in the gaps on regulatory measures facilitating blockchain applications. This enables investors, entrepreneurs and regulators on blockchain projects to have a more intuitive and comprehensive understanding of the relationship between blockchain industry and regulation. A case example on ICO compliance, THEKEY was featured in the book for its innovation and practice in blockchain based Identity Verification (IDV) services. As a decentralized ecosystem using big data and blockchain technology, THEKEY Project is now developing a second generation IDV solution to generate undeniable and unalterable IDV results via its core technology — Blockchain Based Dynamic Multi-Dimension Identification (BDMI). It plays a vital role in the regulation of the blockchain industry by solving the fundamental problems of IDV services.

THEKEY project has made its greatest effort to be in compliance with the related regulations and laws. For instance, THEKEY entered into a formal engagement on January 11th, 2018 with Pinsent Masons MPillay LLP (Pinsent) (www.pinsentmasons.com), which is the world’s leading law firm with 24 offices across the world. Pinsent is advising THEKEY on any issues related to legal structure as well as global compliance and regulation.

About THEKEY

THEKEY is a decentralized ecosystem of an identity verification tool using national big-data and blockchain. THEKEY project team is now developing an identification verification (IDV) tool with blockchain based dynamic multi-dimension identification (BDMI) by using Personally Identifiable Information (PII) which is exclusively authorized by government authorities. THEKEY token (TKY), is the only method to settle smart contracts signed between the participants in THEKEY Ecosystem. THEKEY mainnet is scheduled to be released at the end of this year. Now TKY is tradable on the exchange platforms, such as Bit-Z, KuCoin, LBANK, Hitbtc.

For more information, please visit:

Website: www.thekey.vip

Twitter: https://twitter.com/thekeyvip

Telegram: https://t.me/THEKEYOFFICIAL

Press Release Service by Newswire.com Original Source: THEKEY Featured in REG CHAIN as a Typical Research Case on Blockchain Technology Innovation & Application