[SELFKEY] ID Wallet for Citizenship, Incorporation, Fintech, Banking, Exchanges

[levyashin]

I love investing a project and seeing it, it is going very good on funding.

It feels me i made a great choice. Of course more important part is after listed on exchanges but for now i feel successful

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[pynetx]

For each project, I have to go through the KYC process over and over again which is quite irritating and time-consuming. Hope selfkey will help in overcoming this issue.

[BY_ATOM]

Tell me, how will you verify the identity of a person when registering a wallet? How will the fake data be identified?

[DylerTurden]

Tell me, how will you verify the identity of a person when registering a wallet? How will the fake data be identified?

Please refer to this Blogpost on how the transmission and verification of ID Data works in the SelfKey Ecosystem:

https://blog.selfkey.org/selfkey-empowering-individuals-to-own-control-and-manage-their-digital-identity-d88afc74d303

[multinova]

found Selfkey review, another one look at this project:
https://www.youtube.com/watch?v=wEj8NsuhUb0

Not bad, but the review is like she is reading the article for us and not like presentating it.
But 12k subscriber is good to spread selfkey  

These videos can be good to get new people attracted to a project but I wouldn't make an investment decision based on one of these reviews.

Nowadays you cant trust anything you read or see about ICOs because it can be written with pump/dump purposes, thats why you should always read the whitepaper

I totally agree.. DYOR is key with all these ICO's.
A lot of scam is happening and it's not that difficult to create a token so everybody do your own research!

[Piggy]

Tell me, how will you verify the identity of a person when registering a wallet? How will the fake data be identified?

Please refer to this Blogpost on how the transmission and verification of ID Data works in the SelfKey Ecosystem:

https://blog.selfkey.org/selfkey-empowering-individuals-to-own-control-and-manage-their-digital-identity-d88afc74d303

It make sense and I really like the idea of having the document encrypted.
I have only some doubt on the part who receive the document.

In this case would the bank have some tool to help her in the process?
What if the receiver will not accept the document in that way?

[Cauchy]

Tell me, how will you verify the identity of a person when registering a wallet? How will the fake data be identified?

Please refer to this Blogpost on how the transmission and verification of ID Data works in the SelfKey Ecosystem:

https://blog.selfkey.org/selfkey-empowering-individuals-to-own-control-and-manage-their-digital-identity-d88afc74d303

Thanks for sharing, recommended Reading for everyone interested in the Project!

[the_donald]

Tell me, how will you verify the identity of a person when registering a wallet? How will the fake data be identified?

Please refer to this Blogpost on how the transmission and verification of ID Data works in the SelfKey Ecosystem:

https://blog.selfkey.org/selfkey-empowering-individuals-to-own-control-and-manage-their-digital-identity-d88afc74d303

It make sense and I really like the idea of having the document encrypted.
I have only some doubt on the part who receive the document.

In this case would the bank have some tool to help her in the process?
What if the receiver will not accept the document in that way?

I think you may be able to send the encrypted document with a password , for the bank.

[pynetx]

Tell me, how will you verify the identity of a person when registering a wallet? How will the fake data be identified?

Please refer to this Blogpost on how the transmission and verification of ID Data works in the SelfKey Ecosystem:

https://blog.selfkey.org/selfkey-empowering-individuals-to-own-control-and-manage-their-digital-identity-d88afc74d303

very good read. They explained the core working of selfkey very well here.

[chichidori]

Tell me, how will you verify the identity of a person when registering a wallet? How will the fake data be identified?

Please refer to this Blogpost on how the transmission and verification of ID Data works in the SelfKey Ecosystem:

https://blog.selfkey.org/selfkey-empowering-individuals-to-own-control-and-manage-their-digital-identity-d88afc74d303

very good read. They explained the core working of selfkey very well here.

Nice presentation assurance of better security when it comes private data rather than having a third party managing it, the concept of only you can manage who would know your private data is a must.

[MissedBTCtrain]

Did anyone post or write a blog that explains the differences between selfkey and civic?

[levyashin]

For each project, I have to go through the KYC process over and over again which is quite irritating and time-consuming. Hope selfkey will help in overcoming this issue.

It is probably the best feature of this project.

I think at the end, people would ask icos to use their service because everybody would be in there so they would crash their competitors just with it.

[webwakko]

Did anyone post or write a blog that explains the differences between selfkey and civic?

Not that I know off.. but feel free to do.
Don't forget to mention ALL pros & contras for it.
Both of them had/have potential... allthouhg Civic has a lower value as far my personal opinion go's.
Selfkey is more clear about it all.. which makes me choose for them if it comes to this technology

[Piggy]

Did anyone post or write a blog that explains the differences between selfkey and civic?

I dont know civic very well but i guess people who invested on that project may show up in here as well and point out the differences

[Yasemin]

They have fixed ETH price by 724 usd. its pritty nice ) If ETH will drop a little - would be nice to invest 

What would be a good drop point in percentage to start invest? So how much should ETH drop before investing?

[cantdecide]

Did anyone post or write a blog that explains the differences between selfkey and civic?

I don't know much about civic, but it would be nice to see a comparison between both projects.

[Sozialtourist]

Did anyone post or write a blog that explains the differences between selfkey and civic?

I don't know much about civic, but it would be nice to see a comparison between both projects.

There is already an extensive answer from one of the Selfkey team regarding this.

Good afternoon. After reading your project, I get the impression that you want to offer a product that is already on the market and they are already being used, I'm talking about projects like Civic and Stratis Identities. Tell me what is the difference from them?

Hi Igor, thank you for your message

I honestly think that there is no similar product in the market.

Civic's current product is focused in authentication (phone number and email), which is not an international KYC standard, whereas ours is.

There is no identity wallet in the market which allows you to access to your identity documents stored in your device, notarize them and apply for and buy residency and citizenship by investment, company incorporation, bank accounts, digital wallets, etc. (check out all services that will be available at launch at http://alpha.selfkey.org/marketplace).

There is no token, with which you can buy these products and services.

There is no identity system in the market that can provide for linked identities and multilevel verification, and offer services to aid company management, such as stock transfer ledger services.

There is no identity wallet with which you can access to your ID documents and store any ERC-20 token, and instantly send them to participate in token sales.

The SelfKey platform also provides eNotary, eSign, customized KYC templates, sanction screening, company registry lookup, company laws and kyc laws lookup. I want to remark that this technology is live, tested and implemented in start ups, renowned banks and even used for token sales whitelist processes.

Currently, there is no product in the market that allows for data minimization.

I want to highlight that SelfKey's approach is transparent. The user does not store any data or documents on SelfKey servers or the Blockchain. These are stored on the user's personal device. There is no centralized database.

Also, our token economy is substantially different from that of other identity management projects.

A user will pay tokens for the attestation of his identity. In the same way that you go to the notary with your physical document to certify it.

The user will pay tokens to onboard in a product or service. In the same way that you currently pay a registered agent for the incorporation of your company.

The relying parties will allocate a portion of the tokens received to reward certifiers, who have verified the identity of the customer that has been successfully onboarded.

This allows for a transactional economy feasible in the long-term, where all parties involved are incentivized to use the KEY token.

[Terrratron]

The advantage of this project is that the documents are stored on the user's device. That is, this system satisfies the laws of those countries where it is forbidden to store confidential data of citizens outside the country. Recently I thought about it, and I think it's still a clever solution for Selfkey.

[Jay2408]

Tell me, how will you verify the identity of a person when registering a wallet? How will the fake data be identified?

Please refer to this Blogpost on how the transmission and verification of ID Data works in the SelfKey Ecosystem:

https://blog.selfkey.org/selfkey-empowering-individuals-to-own-control-and-manage-their-digital-identity-d88afc74d303

Thanks for the article, good explanation how SelfKey works. But, taking your example, how does the bank know that the passport does belong to you and isn't e.g. stolen? When opening a bank account nowadays you have to legitimize yourself by appearing in person in the bank.

[safariwave]

Will you be able to accept (old style) paper ID card, or only digital ID cards or passport will be accepted?