SelfKey offers companies and individuals full access to their own digital identity, enabling them to create extra privacy and freedom. SelfKey is an identity system based on blockchain technology and allows users to provide control and management of digital identities. In addition, users can use SelfKey to securely manage a crypto portfolio.
Selfkey was launched in 2017. Behind SelfKey you will find the SelfKey Foundation. This group wants to work on a free world with decentralized, personal and secure identity transactions. In other words, they want individuals to be the sole owner of their identity. The SelfKey Foundation was established to promote human rights and fundamental freedoms with regard to digital identity and data. The team working on the project consists of experts in various fields, including blockchain, finance, legal affairs, marketing, technology and design.
One of the unique aspects of SelfKey is the ability to work as an all-in-one identity solution. SelfKey uses a new approach to identity management and at the same time solves the problems with existing centralized identity management systems. These include the lack of access to financial services and the annoying KYC processes based on paper.
The KEY coin is necessary for trading on the SelfKey platform. Users can use the KEY to access the network, purchase services and verify notes and verify ID documents. The total circulation is 5.9 billion KEY coins.