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Author Topic: [SELFKEY] ID Wallet for Citizenship, Incorporation, Fintech, Banking, Exchanges  (Read 37459 times)
jonnytracker
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December 15, 2017, 11:29:46 AM
 #341

I bet there are alot who will never bend for KYC but then again, there could be alot who is confident with kyc
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December 15, 2017, 11:30:54 AM
 #342

So, with your platform investors would not have to pass KYC in future ICO?

I think that if an ICO is hosted or connected to Selfkey you won't need to do another KYC because your data is already stored in Selfkey

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cantdecide
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December 15, 2017, 11:31:49 AM
 #343

Will selfkey also act like an ERC20 wallet like MEW with the document storage right?

Yes it will store all Ethereum based Tokens as far as I know
As far as I understand, when you create a wallet on this platform, thoughts will pass the proof of identity, and in the future (with the participation of ICO and other projects), these actions will not be needed. The main thing to pay with this platform. But then you lose your anonymity! Or I'm wrong?

Well I assume you lose your anonymity in the same way as you would make a classical KYC process at the moment during an ICO. At least I assume that you still have to give out your date, just now it is automatic.

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Terrratron
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December 15, 2017, 11:42:43 AM
 #344

How can I find out if your application collects personal information, client documents in some database? To provide documents, you need to earn great confidence from customers. Since personal data and documents can be used against the interests of their owners.
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December 15, 2017, 12:02:17 PM
 #345

Is this international project or limited to few countries
DylerTurden
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December 15, 2017, 12:08:04 PM
 #346

In general, the idea of the project deserves attention, although I do not see any prospects for a big profit here, but I'm also interested in the next question, which I myself can not find an answer in the documents: if I provide a fake passport, who will verify the authenticity of the document?

They maybe using some professional service like idnow for the initial verification. its very scrupulous and you can hardly get away with fake documents.

According to the website and whitepaper, they're planning to enable users an access to a lot of serious services like e-notary, citizenship matters and much more, which is a whole new level. I believe they will be able to verify an authenticity of a document and forgery is a serious crime.

That is interesting features.

But for e-notary or citizenship matters, they should have some agreement with countries I guess. Any country on board?


SelfKey has a partnership with NTL Immigration, the biggest Citizenship by Investment provider.
Check this article
http://www.ntlimmigration.com/ntl-trust-selfkey-partner-process-cip-applications-blockchain/

How can I find out if your application collects personal information, client documents in some database? To provide documents, you need to earn great confidence from customers. Since personal data and documents can be used against the interests of their owners.

This is exactly why the ID data is stored on the users device ONLY. Not stored with SelfKey and also not stored in the blockchain - only a "hash" will be used for transmission.
Check The Whitepaper for more info on that - this is the best possible method of going through KYC with minimum ID exposure.
The SelfKey wallet won’t collect documentation. This will be easily to see as you won’t require to upload any document.

Is this international project or limited to few countries

International!
However, Citizens of the US, New Zealand and China are unfortunately not eligible to participate in the Token Sale.



matjas
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December 15, 2017, 12:20:35 PM
 #347

So, with your platform investors would not have to pass KYC in future ICO?

Exactly, that is one of the problem this project is trying to solve. Quite handy. Without even mentioning the marketplace they got  Smiley

Yes, its true. Thus is very big problem. They dont have KYC for their token sale?

I believe they don't since American investors are not eligible to participate.

pynetx
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December 15, 2017, 12:21:01 PM
 #348

Will selfkey also act like an ERC20 wallet like MEW with the document storage right?

Yes it will store all Ethereum based Tokens as far as I know

Great, then any news about Ledger and Trezor support in near future?
weekofcrypto
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December 15, 2017, 12:35:33 PM
 #349

Will selfkey also act like an ERC20 wallet like MEW with the document storage right?

Yes it will store all Ethereum based Tokens as far as I know

Great, then any news about Ledger and Trezor support in near future?

Both Ledger and Trezor support MEW/ETH/ERC20 already

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December 15, 2017, 12:40:20 PM
 #350

I liked the design image of your wallet. Will you have a wallet in different languages?
And also a step-by-step user guide for users?
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December 15, 2017, 12:47:38 PM
 #351

I found interview with SelfKey, it was shared 3 days ago
pardon me if this already published earlier:
https://www.youtube.com/watch?v=iCqS7ZgNfvc
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December 15, 2017, 12:50:29 PM
 #352

So, with your platform investors would not have to pass KYC in future ICO?

Exactly. I think once you have an account on the SelfKey platform you are "whitelisted" for any ICOs that use SelfKey.

That's how I understood it.

premium_domainer
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December 15, 2017, 12:53:36 PM
 #353

So, with your platform investors would not have to pass KYC in future ICO?

Exactly. I think once you have an account on the SelfKey platform you are "whitelisted" for any ICOs that use SelfKey.

That's how I understood it.

Yes, we are all understanding like that.

It is why selfkey is looking like a gem to all of us. It is both good for us and icos. And if it gets dominance on the market, think what will happen the price of it.


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matjas
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December 15, 2017, 01:00:44 PM
 #354

So, with your platform investors would not have to pass KYC in future ICO?

Exactly. I think once you have an account on the SelfKey platform you are "whitelisted" for any ICOs that use SelfKey.

That's how I understood it.

Yes, we are all understanding like that.

It is why selfkey is looking like a gem to all of us. It is both good for us and icos. And if it gets dominance on the market, think what will happen the price of it.



I see that KYC is the most pressing matter at the moment, since everybody is so sick and tired of it, but I believe that SelfKey is able to offer so much more.
BTW, the public pre-sale has started and I believe they have already raised more than half a million in one day so far, going for $9 mil altogether.

Münzpräger
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December 15, 2017, 01:10:56 PM
 #355

So, with your platform investors would not have to pass KYC in future ICO?

Exactly. I think once you have an account on the SelfKey platform you are "whitelisted" for any ICOs that use SelfKey.

That's how I understood it.

Yes, we are all understanding like that.

It is why selfkey is looking like a gem to all of us. It is both good for us and icos. And if it gets dominance on the market, think what will happen the price of it.



Think about it. If people really like the service for its ease of use and they cross a certain threshold of users, ICOs that don't use it will probably have fewer participants because nobody wants to do KYC the old and slow way.   Cheesy
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December 15, 2017, 01:23:45 PM
 #356

In general, the idea of the project deserves attention, although I do not see any prospects for a big profit here, but I'm also interested in the next question, which I myself can not find an answer in the documents: if I provide a fake passport, who will verify the authenticity of the document?
There is a prospect. It's very convenient, pass authorization and do not bother! Do not wait 4-8 hours for buying coins for ICO, but just pay. Without additional checks.

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December 15, 2017, 01:28:36 PM
 #357

So, with your platform investors would not have to pass KYC in future ICO?

Exactly. I think once you have an account on the SelfKey platform you are "whitelisted" for any ICOs that use SelfKey.

That's how I understood it.

Yes, we are all understanding like that.

It is why selfkey is looking like a gem to all of us. It is both good for us and icos. And if it gets dominance on the market, think what will happen the price of it.


I see that KYC is the most pressing matter at the moment, since everybody is so sick and tired of it, but I believe that SelfKey is able to offer so much more.
BTW, the public pre-sale has started and I believe they have already raised more than half a million in one day so far, going for $9 mil altogether.

Yes, there's much more in the project than just KYC for us ICO investors. I think Selfkey can be enormous helpful for new companies. I have a bit of experience with the KYC for a new company which has to be done also for its shareholders, the shareholders of the shareholders... until the respective ultimate beneficial owners. And all this just to open a bank account.

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tiger5056
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December 15, 2017, 01:37:31 PM
 #358

So, with your platform investors would not have to pass KYC in future ICO?

Exactly. I think once you have an account on the SelfKey platform you are "whitelisted" for any ICOs that use SelfKey.

That's how I understood it.

Yes, we are all understanding like that.

It is why selfkey is looking like a gem to all of us. It is both good for us and icos. And if it gets dominance on the market, think what will happen the price of it.


I see that KYC is the most pressing matter at the moment, since everybody is so sick and tired of it, but I believe that SelfKey is able to offer so much more.
BTW, the public pre-sale has started and I believe they have already raised more than half a million in one day so far, going for $9 mil altogether.

Yes, there's much more in the project than just KYC for us ICO investors. I think Selfkey can be enormous helpful for new companies. I have a bit of experience with the KYC for a new company which has to be done also for its shareholders, the shareholders of the shareholders... until the respective ultimate beneficial owners. And all this just to open a bank account.

is there any incentive to use or integrate platform to other site for auth or kyc? wondering how you can convince other developers to use platform?

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December 15, 2017, 02:16:37 PM
 #359

How will the data be saved? What safety measures will there be? I think it was asked before, but I kind of missed it and can't find it :/

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December 15, 2017, 02:21:02 PM
 #360

Its really a nice feature to have just one ID card for ico using self key. Your selfkey wallet will be your new ID for all kyc, it’s really disruptive I think and à need at the moment, all new ico need KYC, have a wallet compliant with that will be a revolution.
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