San Francisco — June 26th to 27th, 2018, The Blockchain Connect Conference — Silicon Valley 2018 was successfully held in the San Jose McEnery Convention Center, which brought together 60 KOLs of industry, venture capitalists, technicians, representatives as well as about 1500 professionals to an intensive two-day blockchain discussion.

On June 26th, Ken Huang, President of THEKEY, was invited to join a panel discussion about the Regulation of blockchain, which was also participated by Civic.

During the panel discussion, Ken stated that, 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), which has obtained the national patents. It plays a vital role in the regulation of the blockchain industry by solving the fundamental problems of IDV services. Compared to other peers in IDV industry, who are also applying IDV into blockchain, BDMI has the following three advantages: more reliable results, lower cost and better user experience.

THEKEY project is backed by validated Personal Identity Information (PII) which is exclusively authorized by government authorities, covering 210 million Chinese across 66 cities.

THEKEY has made its greatest effort to be in compliance with the related regulations and laws. As a result of that, THEKEY was featured in the book REG CHAIN as a typical research case on Blockchain Technology Innovation & Application. The book is the first one in China discussing related regulations on blockchain projects, and it was made initially 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.

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 HitBTC, Bit-Z, KuCoin.

For more information, please visit:

Website: https://www.thekey.vip

Twitter: https://twitter.com/thekeyvip

Telegram: https://t.me/THEKEYOFFICIAL