LE72 – Protect Yourself from Identity Theft with Blockchain Keys using SelfKey.org

How confident are you in knowing that your digital identity is safe? Equifax was recently hacked and driver’s licenses, social security numbers, addresses and more were stolen. Yahoo just came out and said that every customer account (>3 BILLION) was compromised in 2013. Think about that…

Website: http://libertyentrepreneurs.com/selfkey

Today’s guest is Edmund John Lowell, Founder of SelfKey.org, a blockchain based Digital Identity management platform built on Ethereum. Your information is precious and it’s about time that we utilize blockchain technology to secure it; that’s exactly what Edmund is doing.

SelfKey.org is basically a Digital Identity Management wallet that plugs you into an entire ecosystem where you can more easily and quickly manage your financial and digital life. Once confirmed, access services such as:

Open bank accounts
Apply for residency in foreign countries
Incorporate offshore
Buy physical Gold and Silver
Apply for a 2nd passport
Setup multiple cryptocurrency exchange accounts
…and more
Don’t miss the part towards the end where we discuss ICO’s and some of the common pitfalls in ICO investing. Be careful out there.

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

Keep Building Freedom!

-Ashe

Contact Details:

Edmund Lowell

SelfKey Foundation

Website: Selfkey.org

Whitepaper: selfkey.org/whitepaper/

Demo: alpha.selfkey.org

Tokens: token.selfkey.org

Twitter : https://twitter.com/SelfKey_

Facebook : https://www.facebook.com/SelfKeyFoundation

LinkedIn : https://www.linkedin.com/company/selfkey

YouTube : https://www.youtube.com/channel/UCsilze3-MhbCY3_QkKul3PQ

Medium : https://blog.selfkey.org/?gi=15da54c4bd61

Reddit : https://www.reddit.com/r/selfkey/

Telegram : https://t.me/joinchat/ALBChAsAG_uiTaaTwKfCPg# #

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Here's an article written by SelfKey team that we thought might help you understand how they work.

5 Ways That SelfKey Is Creating a Truly Digital Nation

Perhaps one of the biggest benefits of blockchain technology is that it operates without borders and without the need for a centralized authority to regulate it. Since the Ethereum blockchain, designed by Vitalik Buterin, launched in 2015, the world has watched eagerly as its ‘smart contract’ capabilities have been utilized.

The key words here are ‘global’ and ‘globally’. It is in the global digital nation space that SelfKey is moving beyond being ‘just another’ digital ID company and taking a true authority role in the field.

Not Just Digital ID

SelfKey is not merely a Digital ID platform, although that is the basis on which they can do the things they can do. Their robust ID solution is more than adequate for meeting any company’s KYC and AML requirements, and individuals can benefit from a complete eNotary system, so they can meet the highest KYC standards, making it possible to apply even for the most sensitive identity transaction: Citizenship applications.

What makes SelfKey stand out above any potential competitor is their marketplace, on which a whole range of global products and services are available such as citizenship by investment, residency applications, company incorporation, money transfer services, and one-click signup for bitcoin exchanges and token sales

Residency

One quick look at the Residency section in the SelfKey Marketplace, and you’ll find that there are temporary residency, permanent residency, and citizenship programs for countries all around the world.

Here’s the thing. SelfKey makes traditionally laborious document-intensive applications easy and painless, since all your ID documents, such as passports or birth certificates can be certified online through eNotary services available in the ecosystem, and instantly shared with immigration agents and lawyers with just one click. SelfKey also provides an auto-complete function, this means that long forms can be filled out instantly.

Citizenship by Investment

The Passport section is equally as impressive. Featuring all citizenship by investment programs available worldwide, it includes countries like Austria, Malta, and Bulgaria, which are some of the most valuable passports worldwide.The ability to apply for these programs without having to jump through hoops with reams of paper documents is truly revolutionary.

In a press release, NTL Trust, the largest citizenship by investment authorized agent worldwide, announced its partnership with SelfKey to process applications through its platform.

“We are pleased to partner with SelfKey for processing citizenship and residency by investment applications globally, where NTL represents clients in fourteen inward investment target countries. We have examined the SelfKey technology and found it to be a perfect platform for managing the due diligence process involved in citizenship by investment programs,” says Robert Martin, Immigration Services Consultant at NTL Trust. “Basically, it allows our Legal Support team to manage our own KYC processes, whilst creating reliable files that can be submitted to the government for their due diligence process in a timely manner,” added Martin.

Business

Another impressive feature of SelfKey is that you can easily and quickly set up a company and a corporate bank account, and apply for a payment processor and money transfer service. All entrepreneurs know the pain involved in getting all this in place.

They also plan to release a Corporate Identity Wallet with linked identities and multi-level verification. This will make processes that are currently burdensome, such as setting up a subsidiary and opening a corporate bank account, much easier.

Enabling reusable KYC for entities may be one of the most valued features of their proposition.

Cryptocurrencies

SelfKey also provides added value for the crypto space. With token sales under increasing regulatory scrutiny, compliance is essential. SelfKey is currently powering the KYC processes of several token sales through their web wallet, being a market leader in the sector.

In addition, they have announced the release of the desktop version of their Identity Wallet in January 2018. This will include the ability to share ID documents without storing them in any server or the blockchain, and the Identity Wallet has cross-compatibility with MyEtherWallet, allowing you to receive, store and send ETH and any other ERC-20 token. This will allow for one-click onboarding to token sales, sending ETH and KYC required with just one click.

Furthermore, the Identity Wallet will allow instant Bitcoin Exchange verified account sign up sign up, without needing to repeat the same process each time you want to open and verify an account.

With companies like SelfKey, the world is truly opening up. Instead of traditional methods of applying for passports and residencies, individuals are able to have more freedom, set up businesses more quickly, deal with cryptocurrencies more easily and become part of a truly digital global nation, without compromising their digital identity.