Selfkey (KEY) tokens now unlock cash on Constant’s P2P lending platform MyConstant Follow Aug 28, 2019 · Unlisted

CALIFORNIA — June 28th, 2019 — As Constant continues to rewrite the peer-to-peer lending rulebook, it has garnered support from over 50 crypto projects. Its most recent addition is Selfkey (KEY), the eponymous token of digital identity stewards, SelfKey. KEY holders can now use their tokens to secure loans from 10% APR through the Constant platform.

“Our digital identities are frequently under attack,” said Duy Huynh, Constant’s founder. “Blockchain offers a solution — a way to silo your data away from prying eyes. SelfKey is a leading platform for privacy and identity protection, and their tokens pay for a range of identity management services. Now, KEY holders can also use their tokens to get access to cash and at cheaper rates than a bank.”

Constant launched its crypto-backed peer-to-peer (P2P) lending platform in May. Since then, it’s matched $1.5M in loans, helping hundreds of people get the cash they need to do the things they want. Constant is also the first decentralized finance platform to let customers set the market, administering the bulk of loans through smart contracts. All borrowers secure their loan with collateral, so no credit checks and investors’ returns are guaranteed.

“Centralization means giving control of our finances and personal data to profit-driven third parties,” added Huynh. “Just look at what’s happening to big tech like Facebook, Google, and Apple. Consumers are opening their eyes to the value of autonomy and data ownership. In that sense, SelfKey’s and Constant’s goals perfectly align. We’re therefore proud to give KEY holders better control of their finances.”

SelfKey is building a blockchain-based identity system that allows identity owners to truly own, control, and manage their digital identity. Their core solution, Self-Sovereign Identity, is a blockchain-powered wallet that stores all your personal information in one place, allowing you to selectively reveal data as and when necessary, without first giving custody to a third party. Constant

For more information, please visit:

https://www.myconstant.com/

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https://bit.ly/constantmedia

Media contact:

Chris Roper

Communications at Constant

chris@myconstant.com

About Constant

Headquartered in California, Constant is an alternative financial services platform designed to strip out the inefficiencies of the traditional banking industry and help people get more out of their money. Constant was founded by a team of scientists, economists, engineers, and designers, fully devoted to the mission of building simple, elegant financial tools for an increasingly interconnected world.

About SelfKey

SelfKey is a blockchain technology startup developing innovation in digital identity management, empowering individuals (and corporations) to truly own, control, and manage personal data. With data breaches happening every week, our mission is to change how the world manages and processes identity transactions using blockchain technology. This will create a safer world where our personal data and privacy is protected.

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