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SelfKey Review: This You NEED to Know

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โ›“๏ธ ๐Ÿ”— Useful Hyperlinks ๐Ÿ”— โ›“๏ธ

โ–บ Web site:
โ–บ Whitepaper:
โ–บ GitHub:
โ–บ Roadmap:


๐Ÿ“ฑ๏ธ Socials ๐Ÿ“ฑ

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๐Ÿ“ Challenge Overview ๐Ÿ“

SelfKey is growing a Self-Sovereign Identification System (SSID).

A blockchain based mostly and decentralized answer with all id data remaining absolutely accountable for the person to whom it belongs.

โš™๏ธ Expertise โš™๏ธ

The primary important part to that is the Selfkey pockets. That is the place it is possible for you to to retailer and handle your digital id.

It’s at present obtainable in Home windows and OSX and it’ll retailer all consumerโ€™s data securely on the system.

It would give customers a seamless solution to entry all the companies which might be obtainable on the SelfKey market.

The Market permits the SelfKey customers easy accessibility to all the products and companies listed on it.

The ultimate piece of the know-how is the SelfKey ID. It is a common ID that’s saved within the Pockets and which lets you confirm your id with these companies that require it โ€“ so a digital โ€œgrasp keyโ€ if you’ll.

๐Ÿ’ฐ๏ธ Token ๐Ÿ’ฐ

The utility token behind the SelfKey ecosystem is the ERC20 normal KEY token.

Corporations that shall be offering their companies on the Selfkey ecosystem shall be anticipated to lock a sure variety of KEY tokens into a sensible contract. Customers and certifiers are additionally required to stake these tokens for varied functions.

๐Ÿ‘จโ€๐Ÿ’ป๏ธ Group, Companions & Improvement ๐Ÿ‘จโ€๐Ÿ’ป๏ธ

The corporate behind the SelfKey community known as KYC Chain (which is predicated in Hong Kong).

There’s a group of over 80 builders and counting. Most of those are engineers and builders. This group has been fairly lively in as will be seen by their quite a few GitHub commits over the previous 12 months.

๐Ÿ“ˆ Buying and selling & Wallets ๐Ÿ“ˆ

KEY is listed on plenty of exchanges though the majority of the quantity seems to be happening on the Binance trade – may very well be an trade threat.

There may be respectable liquidity on this trade which suggests simple execution.

There are a variety of wallets that you should utilize to retailer KEY. If you wish to participate within the community then you possibly can retailer it within the SelfKey proprietary pockets.

If you’re simply trying to Hodl then there are a variety of third-party wallets that you should utilize.


๐Ÿ“œ Disclaimer ๐Ÿ“œ

The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who isn’t a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any specific final result.

#Selfkey #KEY #crypto #blockchain #Evaluate #Identification #KYC #platform #Binance #buying and selling #cryptocurrency #Ethereum

Source: Coin Bureau

29 Responses

  1. Agreed with a nimber of comments here that it would be good to see an update video with comparisons to similar projects, and where there has been institutional adoption of their tech into KYC/CDD processes

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