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Topic: [ANN] Xenchain - Welcome to the new digital identity empowerment era! - page 5. (Read 2535 times)

newbie
Activity: 30
Merit: 0
Nothing is more important than the Xenchain community views. Xenchain is putting out ads and would love to hear the community's inputs on taglines. Join their telegram group at https://t.me/xenchainio for more discussion.



I like this tagline .... (2) The blockchain app to eliminate identify thefts! Keep your data & money safe! Register Interest Now!
sr. member
Activity: 478
Merit: 250
Nothing is more important than the Xenchain community views. Xenchain is putting out ads and would love to hear the community's inputs on taglines. Join their telegram group at https://t.me/xenchainio for more discussion.

newbie
Activity: 68
Merit: 0
How many faster than now will speed up the process? And how do you solve the problem with face recognition from twins or Chinese residents?

We have a working app, please check out the video in youtube https://www.youtube.com/watch?v=9LOci9eAyIU
showing the KYC process using our app.  Thanks!
member
Activity: 322
Merit: 10
How many faster than now will speed up the process? And how do you solve the problem with face recognition from twins or Chinese residents?
newbie
Activity: 68
Merit: 0
If I correctly understand the idea than it looks like a Thekey. ICO  on NEO blockchain.
Or am I wrong?

We have not looked deep into thekey.vip yet.  But Xenchain's strength is build on social and P2P KYC while thekey.vip, they work with government for external verification.
newbie
Activity: 30
Merit: 0
If I correctly understand the idea than it looks like a Thekey. ICO  on NEO blockchain.
Or am I wrong?

I believe you meant Selfkey with symbol KEY. Yes, it appears to be the same but XenChain is proven given it’s been endorsed by the Monetary Authority Singapore and also Bank Negara Malaysia.
sr. member
Activity: 420
Merit: 250
If I correctly understand the idea than it looks like a Thekey. ICO  on NEO blockchain.
Or am I wrong?
sr. member
Activity: 478
Merit: 250
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Target Market



newbie
Activity: 68
Merit: 0
Xenchain Digital Identity
Imagine a world where everyone can manage & control every aspect of your digital identity

About Us
Xenchain accelerates and strengthen identity verification processes by using e-KYC technology that requires facial recognition, making manual document authentication a thing of the past.
We creates and distributes XenCoins to utilize the decentralized network of blockchain technology and enhancing personal data security by controlling where the data is stored and who has access to that information.

Problems
Current verification methods are time consuming, expensive and highly inefficient for both users and businesses which revolves around physical document authentication. There is also risk of data leakage to unknown parties who can easily gain access to personal information from the traditional centralized storage system.

Solutions
Personal data is encrypted and stored in a public ledger making it safe from breaches. Users will have control on who gains access to their information by giving permission to requestors to retrieve it from the network. Most importantly, the data is validated by other users to ensure its credibility before onboarding it into the Xenchain network.


Token Sale
Private presale for strategic & value-adding investors is on-going, please register your interest at http://xenchain.io/#contact-form

Total XENC token issued is 200 million.

Public Sale 48.5%
Private Sale 23.4%
Management Team & Founders 11.8%
Bounties & Volume Bonuses 4.4%
XenChain Partnerships 11.9%

For more details, please see page 27 and 28 of the whitepaper


Budget
1) Product Development and Enhancement - 45%
2) Community Initiatives & Partnership - 15%
3) Business Development & Marketing - 15%
4) Operating expenses - 10%
5) Research & Development Funding - 10%
6) Legal and Compliance Cost - 5%

For more details, please see page 31 and 32 of the whitepaper
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