About the coin

SelfKey is a self-sovereign identity system based on blockchain technology, designed to provide users with complete control and management of their digital identities. It empowers individuals and organizations to maintain ownership over their digital identity, enhancing privacy and freedom. SelfKey also facilitates the secure management of a crypto portfolio and enables instant onboarding for immigration, cryptocurrency, and financial services.

Main features

One of the standout features of SelfKey is its self-hosted data storage, which allows users to secure their identity documents and assets locally, minimizing the risk of major data breaches. The platform's KYC processes are efficient, with qualified certifiers providing reusable identity authentication upon request. This authentication can be shared multiple times with various service providers, streamlining the traditional KYC onboarding process. SelfKey also employs a blockchain-based verifiable claims protocol, enabling identity owners to prove they meet ID attributes required for specific services without sharing their identity documents.

How it works

SelfKey functions as an all-in-one identity solution for self-sovereignty, addressing issues related to centralized identity management systems, such as limited access to financial services and cumbersome paper-based KYC processes. The platform provides full cryptocurrency wallet functionality, allowing users to securely manage assets like ETH, KEY, and other ERC-20 tokens. Founded by Edmund Lowell, SelfKey leverages his expertise in finance, technology, and law/regulations, along with contributions from team members like product manager Terry Lin and accounting expert Ari Propis.