SelfKey is a Blockchain based digital identity system







SelfKey is a Blockchain based end-to-end digital identity system with an integrated marketplace, designed to put identity owners in control of their personal data, to allow them to request identity claims attestations and to instantly apply for passports, residency and financial services, sign up for exchanges and participate in token sales in a safe, secure manner.

Most identity systems are centrally planned and managed, do not integrate or link to other systems, and do not place the identity owner in a place of entitlement and power. These systems lead to inefficiencies, data leaks, threats, loss of privacy and identity. SelfKey allows individuals and companies to truly own, control and manage their digital identity, and instantly access Citizenship and Residency by Investment, Company Incorporation, Fintech Products, Token Sales, Exchanges and much more.

SelfKey consists of several key components:

SelfKey Foundation, a non-profit foundation; enshrines the principles of self-sovereign identity

a technology stack with a free and open source identity wallet for the identity owner

a marketplace with real products and services available at launch, a JSON-LD (machine readable) protocol

connection to 3rd party identity micro services which comply with KYC laws and regulations

a native token called “KEY”

SelfKey will engage on a tripartite marketing development push to get 3 primary parties on the the SelfKey Identity Ecosystem:

the identity owners

relying parties

verifiers (or original claims issuers)

SelfKey have made the storage layer entirely up to the discretion of the identity owner. Documents will sit locally on the device of the user until when (at their consent and discretion) the identity owner moves the documents or data elsewhere. Later, storage drivers will be built for user controlled storage.

SelfKey plans to use Uport, a convenient key recovery mechanism, whereby a user can delegate the responsibility of recovery to one or more accounts of their choosing. Uport will provide interoperability and build on standards which the Ethereum community already acknowledges and accepts.

Data will flow from one place to another through Https, and work is being done on P2P messaging protocols, and pairwise encryption methodologies for data transfer.Tthe layperson can rest assured that:

Data only moves upon consent

Data Privacy is paramount and data is never shared by the foundation with anyone

Each identity transaction uses encryption

Data does not move through the blockchain, per se - and happens mostly outside “off-chain” through various encrypted messaging and structured data protocols

At the launch of the SelfKey network, the following services will be available:

Bitcoin and Digital Asset Exchange Signup

Citizenship by Investment programs

Citizenship through Investment in Real Estate Applications

Company incorporation (including companies limited by shares, foundations, LLC’s and Trusts)

Bank account introduction and application

Residence Permit Applications for more than 50 countries

E-Wallets or Stored value facilities

Gold and Precious Metals purchase and storage

International insurance applications

Money Remittance & Transfer services

Token Sales

ERC-20 token KEY (Key to Encrypt Yourself) can be used to access products and services on the network. Certain actions on the network will require an exchange of KEY and others will involve placing KEY in a locked contract (to access the network, and prevent spam via an anti-Sybil mechanism) this research can provide a POI (proof of individuality mechanism) which can have vast implications to the Ethereum network.

The SelfKey technology and team has graduated from several accelerators as KYC-Chain, has gone through a POC with Standard Chartered Bank and is powering KYC of some of the most promising Token Sales and Fintech startups. Selfkey has necessary partnerships with Compliance Asia, Airswap, Silk Legal, Global Advisory Group, Lighthouse partners, Gatcoin and more.

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