SelfKey (KEY) Graphics
What is SelfKey (KEY) ?
SelfKey (KEY) is a blockchain-based identity verification platform that aims to provide individuals with greater control over their personal information. The platform allows users to securely manage their digital identities, as well as perform various tasks such as opening bank accounts, setting up corporations, and applying for residency or citizenship.
History:
SelfKey was founded in 2017 by Edmund Lowell, an experienced entrepreneur and blockchain advocate. The project has since grown significantly, with a team of over 50 members and partnerships with major companies such as KYC-Chain and Standard Chartered Bank.
Purpose:
The main purpose of SelfKey is to give individuals more control over their personal data, which is often mishandled or misused by third-party entities. The platform allows users to store their identity documents securely on the blockchain, as well as share them with trusted parties without having to reveal any unnecessary personal information.
Advantages:
One of the main advantages of SelfKey is its emphasis on privacy and security. The platform utilizes strong encryption algorithms and multi-factor authentication to protect user data from cyber attacks or unauthorized access. Additionally, SelfKey provides a one-stop-shop for various identity-related services, which makes the process of setting up and verifying identities more streamlined and efficient.
Disadvantages:
One of the biggest disadvantages of SelfKey is its relative complexity. The platform requires users to have a basic understanding of blockchain technology and cryptocurrency, which may be a barrier to entry for some. Additionally, SelfKey is still in its early stages, and may not have the same level of adoption or support as more established identity verification services.
Technology:
SelfKey is built on top of the Ethereum blockchain, and utilizes smart contracts to facilitate secure and transparent transactions. The platform also utilizes various other technologies such as IPFS (InterPlanetary File System) for decentralized data storage, and OpenTimestamps for timestamping documents.
Conclusion:
SelfKey is an innovative platform that aims to provide individuals with greater control over their digital identities. While the platform is still in its early stages, it has the potential to revolutionize the way we think about identity verification and data privacy.
SelfKey (KEY) Price Forecast – 2023, 2025, 2030
At the time of writing (April 2023), the price of SelfKey (KEY) is around $0.05. Since its launch, KEY has experienced a lot of volatility in its price, as is common in the cryptocurrency market. After reaching an all-time high of $0.017 in January 2018, the price of KEY experienced a significant decline, reaching its all-time low of $0.0008 in March 2020..Read More
How To Buy SelfKey (KEY)
Do you want to plunge into the world of cryptocurrencies and know where to buy How To Buy SelfKey (KEY) The largest exchanges currently trading with How To Buy SelfKey (KEY) Kucoin , Gate.io Binance and . You can find other exchanges that make listings.
About SelfKey (KEY)
| Contract |  0x4cc19356f2d37338b9802aa8e8fc58b0373296e7  |
| Website | https://selfkey.org/ |
| Explorers | Etherscan,ethplorer |
| Community | Twitter facebook |
| API idd | SelfKey |
1 SelfKey (KEY) USDC (1 KEY) to USD//Coin) Exchange Calculator
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