The SelfKey Foundation and the Filipino-based digital wallet TagCash have started to work towards the integration of SelfKey’s identity solution into the TagCash platform.

The SelfKey Identity Wallet Beta was launched on June 28th and allows identity owners to build their self-sovereign identity, giving them complete control of their digital identity, as it is stored locally in their machine and not in a vulnerable centralized database. In addition, the SelfKey Wallet also supports ETH, KEY and any Ethereum-based token.

TagCash is a digital wallet that handles multiple crypto & fiat currencies, including USD, PHP, BTC and ETH.

The Tagcash platform aims to build a digital economy through cashless transactions and provide a solution for micropayments in Southeast Asia through use of its digital wallet, blockchain and API platform. Users can use their mobile app to pay for different products and services in many place in the Philippines, online or offline, with no transaction fees or charges to user or merchants.

Tagcash has recently been authorised as an Electronic Money Issuer (EMI) in the Philippines, using a Permissioned Blockchain to manage Philippines Pesos. (http://tagcash.com/emi.pdf)

SelfKey Wallet users will be able to instantly sign up for a verified account in TagCash either through the SelfKey Marketplace or through the “Log in with SelfKey” Browser Button & Extension, an OAuth solution that does not track user activity nor store identity data.

“KYC is an important part of the Tagcash platform, and SelfKey can help minimize problems by offering solutions that are compliant with government regulations. ” said Mark Vernon, CEO of TagCash.

We are very pleased to have the opportunity to work with TagCash, not only for being a solid platform for crypto and fiat currency exchange and management, but also for the opportunity it offers us to be closer to the Filipino, and Southeast Asian public in general.

Stay tuned for further partnership announcements in the coming weeks.

The SelfKey Identity Wallet Beta is available to download now