SelfKey is a Blockchain based digital identity system that allows individuals and companies to truly own, control and manage their digital identity. SelfKey ICO rating – not rated.
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Ended ICO : 15/01/18 – 01/02/18
About SelfKey ICO (token sale)
Our idea is simple: that users should be at the center of their identity management process, a concept known as Self-Sovereign IDentity (SSID). We can escape from the legacy systems of paper-based documents and move into a digital identity with privacy, security, transparency and individual rights with SelfKey, a SSID implementation built using blockchain technology, with the corresponding keys held in a digital identity wallet.
SelfKey is an identity system built on an open platform consisting of several key components including: SelfKey Foundation, a non-profit foundation whose charter and governance enshrines the principles of self-sovereign identity, a technology stack with a free and open source identity wallet for the identity owner, a marketplace with real products and services available at launch, a JSON-LD (machine readable) protocol, connection to 3rd party identity micro services which comply with KYC laws and regulations, and a native token called “KEY” which enables the SelfKey ecosystem to exchange value and information in an efficient, fully-digital, self-sovereign manner.
The products available at launch include:
- Bitcoin and Digital Asset Exchange Signup
- Citizenship by Investment programs
- Citizenship through Investment in Real Estate Applications
- Company incorporation (including companies limited by shares, foundations, LLC’s and Trusts)
- Bank account introduction and application • Residence Permit Applications for more than 50 countries
- E-Wallets or Stored value facilities
- Gold and Precious Metals purchase and storage
- International insurance applications
- Money Remittance & Transfer services
- Token Sales
Whilst providing tangible utility for the KEY token for identity owners, relying parties and verifiers, through real world products and services, SelfKey overcomes the limitations of centralized identity systems, helps achieve compliance with the most comprehensive national data protection laws and KYC regulations, and returns ownership and control of identity data back to the individual – the identity owner.
SelfKey makes identity transactions more secure, private and efficient while complying with the myriad of laws and regulations that exist today. However, SelfKey ICO is also building a bridge to a better world – one with digitally signed verified identity claims, data minimization, proof of individuality, proper governance, and a user-centric identity system. In this new world, the user can truly control, manage, and own their digital identity. SelfKey is designed to be censorship-proof, fair, inclusive, agile, and lean through a well-designed open source technology stack, and transparent legal & governance infrastructure through the SelfKey Foundation. SelfKey can match the current and future needs of evolving modern societies and the global Internet, ensuring human rights and fundamental freedoms of identity are met.