- SelfKey provides organizations and individuals with complete ownership over their own digital identity, empowering them to discover additional #privacy and freedom. - SelfKey is a selfsovereign identity system that is based on the blockchain and can provide control and management of digital identities to users. - Additionally, users can utilize SelfKey to securely manage a crypto portfolio and instantly onboard immigration, cryptocurrency, and #financial-services . - One of the unique aspects of SelfKey is its ability to work as an allinone identity solution for selfsovereignty. - SelfKey utilizes a novel approach to identity management while also resolving the issues related to existing centralized identity management systems. - These include the lack of accessibility to financial services and the tedious KYC processes that are paper based.One of the standout features of SelfKey is the selfhosted data storage. - This lets you secure your identity documents and assets locally, so there is no risk of a major data breach as with other similar systems. - The KYC processes within SelfKey also stand out for their efficiency. - Qualified certifiers can provide you with reusable identity authentication upon request. - You can then share this authentication multiple times with several service providers. - This, in turn, prevents you from wasting time and effort with a traditional KYC onboarding process that is typically tedious. - SelfKey additional minimizes data because of its blockchainbased verifiable claims protocol. - This protocol lets you as an identity owner prove you meet the ID attributes required for a specific service or product without any need to actually share your identity document. - In other words, you can provide proof of your ID without sharing the ID, keeping the data you send to a minimum. - Of course, SelfKey also provides the full functionality you want from a cryptocurrency wallet, including the ability to securely manage cryptocurrency assets like ETH, KEY, and the other ERC20 tokens.Edmund Lowell is the founder of SelfKey. - On his LinkedIn page, Edmund describes himself as an entrepreneur whose “skill sets lie at the crossroads of finance, technology, and law/regulations.” Additionally, he has been involved with other projects related to personal data protection, selfsovereign digital identity systems, blockchains, and distributed ledgers. - Terry Lin is the product manager for this venture. - In the past, Terry has been associated with many established projects including, AMZ Tracker, UBS and Build My Online Store. - Lastly, Ari Propis is the accounting backbone of SelfKey. - He has been in the crypto #domain for more than five years and has previously worked as a consultant for various blockchain and international accounting startups. - It was introduced into the market earlier this year, KEY tokens were initially traded at a modest price of US$0.08 per token..
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