SelfKey (KEY)

SelfKey is a self-sovereign identity ecosystem that enables citizens to protect their freedom, privacy, and wealth. Through SelfKey’s Identity Wallet, individuals and companies are able to securely manage their digital identities. On top of that, SelfKey makes the “Know Your Customer” (KYC) norms followed by financial and government institutions quick and painless for users through a simple KYC onboarding process.

Importantly, all of your personal data and documents are stored locally on your device and not on a SelfKey server or on the blockchain. The only time that your data is accessible is when you choose to share it with a trusted institution.

Cryptocurrency investors who participate in token sales can especially benefit from using the SelfKey Identity Wallet, as sending ETH and identity documentation can be done with a single click. Additionally, the SelfKey marketplace can be used to apply for passports, claim citizenship through investment, create a bank account, submit residency applications, and more.

The month of February was very eventful for SelfKey, including new partnerships with banks in the Dutch Antilles and Cayman Islands as well as the alpha release of the SelfKey marketplace. That’s on top of the SelfKey–Polymath partnership that was announced at the end of January. With Identity Wallet support for cryptocurrency transactions coming before the end of Q1, March is shaping up to be another strong month for the project.

Top News

Ethereum Completes Istanbul Hard Fork

Ethereum Completes Istanbul Hard Fork

This is the Ethereum network’s first hard fork since Constantinople in February. It is said to improve speed and gas efficiency. It was activated at block number 9,069,000. Ethereum completed its Istanbul hard fork on December 8th, 2019. This is the Ethereum network’s first hard fork since Constantinople in February. …

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Tezos Foundation Ready to Fund Ethereum’s Projects

Tezos Foundation Ready to Fund Ethereum’s Projects

The Tezos Foundation (TF) is willing to provide funding for some of the Ethereum Foundation’s projects that were abandoned due to lack of financing. The Ethereum Foundation is planning on shutting down a lot of their international teams in 2020. Nina Breznik tweets on how her team wishes to continue …

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Ethereum Announces it’s Latest Update for Eth2

ethereum post is there proof read it.

First ethereum2 networking call to tackle all the networking and first eth2 phase2 community call to rally the effort. Parity’s Shasper joins Prysmatic’s Sapphire testnet.  Presentation, specification, and implementation of the new BLS standards. Ethereum announced an update on its blog on December 5, 2019. The update highlighted many new …

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Microsoft Helping Firms to Trust AI using Blockchain

Microsoft Helping Firms to Trust AI using Blockchain

Microsoft is using Blockchain technology as an option to make artificial intelligence less complicated. This blockchain data manager takes on-chain data and connects it to another application so the transaction data from nodes can be sent to other databases. The tracking of shipments of organic beef from Argentina could be …

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SBI Holdings to Pay Dividends in XRP Tokens

SBI Holdings to Pay Dividends in XRP Tokens

SBI Holdings CEO Yoshitaka Kitao reveals that the Japanese financial services giant has been considering paying shareholder dividends in the form of XRP tokens. The opt-in program is expected to launch during the fiscal year ending in March 2020. This latest move provides substantial credibility to Ripple and its overall ecosystem. …

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Facebook Presses for Regulatory Approval in the EU But Failed

Facebook Presses for Regulatory Approval in the EU

Facebook’s own digital currency Libra continues to push for establishing its presence in Europe. EU finance ministers agreed that private digital currencies should not be permitted until the risks are clearly addressed. Dante Disparte, deputy chair of the Libra project is determined to make a presence in the EU. Facebook’s …

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VeChain Launches VeVote in an Attempt to be More Transparent

VeChain Launches VeVote in an Attempt to be More Transparent

VeVote is a tool that the VeChain community can use to see the incoming changes in the VeChain ecosystem. VeVote provides a transparent and decentralized platform for stakeholders to cast their votes based on their voting authority. The whole process is executed via smart contracts and is recorded on the …

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