Review on Selfkey by Toprak Dere
About Selfkey
Selfkey Coin is the native cryptocurrency of Selfkey, a Blockchain-based identity platform. Selfkey technology provides a platform for individuals, companies, exchanges and banks to manage identity data.
A traditional KYC process is costly and often unsafe. Because data is stored in central databases. SelfKey uses a decentralized approach and cryptographic technologies to significantly lower the cost of an identity interaction and improve security and customer experience.
The SelfKey wallet, on the other hand, is a free, open source, non-surveillance wallet that allows users to securely store and transmit both digital assets and digital IDs. Users can interact in the SelfKey market, apply for products such as a real-world bank account or company establishment with "one click" and pay with KEY coins.
Looking at the comments of KEY Coin, it is seen that investors generally evaluate this crypto currency in the middle or long term.
It is stated that the platform behind Selfkey coin is also promising, especially considering that identity information has become important today. In order to have clearer information about Selfkey coin, it will be useful to have a look at current figures and historical levels.
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Pros
- SelfKey coin tries to address these issues by using open-source, user-centered, decentralized, blockchain-based data management mechanisms, allowing users to fully control their identity.
Cons
- none
