Topic: [SELFKEY] ID Wallet for Citizenship, Incorporation, Fintech, Banking, Exchanges - page 15. (Read 37515 times)

Is this still a good project to invest in guys?

True, but they should be really careful while giving out projected dates from now on. The alpha wallet should've been made public a long ago, according to their 1st quarter road-map.


SelfKey is an ERC-20 token while TheKey is a part of NEO ecosystem.

What are the main differences between Selfkey and Thekey?

This last month's report shows how advanced the development on different tasks has been. All these testings and development is very time consuming when your are building an entire big platform to facilitate most things of everyday usage. I have loaded my wallet with tokens for long term as it will need time and this is my support for the project to hold the tokens.

The support of a goverment is one of the biggest credibility indicators they can have. That would be huge.

SelfKey Product Progress Report April 2018


Database Updates: Uncoupling SelfKey ID and ETH Addresses
We’ve decided to remove the requirement of creating a SelfKey ID during the creation of a new ETH address. There were a couple of reasons for the decision.
More flexibility with multiple ETH addresses. In our current data model, every new ETH address created in the SelfKey Identity Wallet is associated with a SelfKey ID consisting of your ID attributes and documents. This creates a lot of friction if you want to have multiple ETH addresses for different use cases. By decoupling this in the backend and using profiles, there is more flexibility to use different ETH addresses for one SelfKey ID.
Login with SelfKey Dependency: Login with SelfKey (LWS) is a browser plugin that offers participating websites a decentralized mechanism to securely identify and authenticate users without exposing them to a single point of failure in the event of a data hack. On a high level, the authentication mechanism works by using your ETH address that’s connected to the SelfKey Identity Wallet as login details. The database updates we’ve been working on will improve how this works in the backend as the browser communicates with the application.

Login with SelfKey
In the last month, our business development team has taken a working MVP of the browser plugin to meetings with crypto exchanges in China and provided a brief demo of how it works. For exchanges, this helps them reduce the operational cost of KYC while allowing new users to onboard faster and maintain compliance. By having this button on their website, it also provides SelfKey with more visibility within the blockchain identity space.

Manual Refreshing of Transaction History
Sending assets on the Ethereum network can be challenging when the network speed is not within our control. Inside the SelfKey Identity Wallet, we have a transaction scanner built that monitors incoming and outgoing activity of assets to be displayed in the dashboard. Last month we made an addition to this by including a button to manually refresh the transaction history. During testing, we found that the network confirmation speeds vary a lot between transactions and that it’s better to have this functionality to improve usability.

Automatic Builds with Travis CI
To improve our internal workflows and increase efficiency, we’ve implemented automatic builds of the SelfKey Identity Wallet with Travis CI for internal testing whenever a pull request is approved and merged from the development team. Travis CI is an integration service that helps us automatically build and test the codebase from Github. After a build is exported and zipped, it gets uploaded into a cloud platform where our QA and product teams can download it to test new features or bug fixes.

Nano Ledger S
We’ve successfully sent ETH and KEY on the Ethereum mainnet through the UI of the SelfKey Identity Wallet. We will have a few remaining tasks to finish before this integration is complete, namely error message handling if a transaction isn’t confirmed, disconnections, and HD derivation paths of new ETH addresses to select when connecting your Ledger. We look forward to wrapping up this integration soon as it was in very high demand from the user testing group and community feedback. After this, we will also move on to integration with the TREZOR hardware wallet.

Decentralized Identity
A smart contract was implemented as the basis for Selfkey decentralized identities, which allow the management of different authentication keys, among other attributes for future use. Also, a DID (Decentralized Identifier) resolver library was implemented, for retrieving the keys and relevant authentication data linked to a given identity from any client app. DIDs act as the entry point for self-sovereign identity, and provide the foundation for the development of verifiable attestations on the Selfkey Marketplace. You can read more about DIDs and verifiable attestations here.

Marketplace
Development of the Exchanges marketplace is on track. We are implementing and testing components to enable an instant KYC sign up from within the Wallet, both for exchanges that plan to use our KYC software and for integrations with platforms that use their own KYC systems.

Conclusions
We have finished another month of intense work with satisfactory results. We will be planning a small beta release to a group of about one thousand community members that initially signed up to participate in alpha testing group. While not everyone was able to schedule a test session, we hope this can help you get a better idea of what we’ve been working on in the last few months. Please stay tuned to the official announcement channels when this is ready.
From the alpha testing group, we also got some good feedback from participants in Telegram and will continue to do so with more structure by having dedicated office hours every week. Our product team will open up 4-5 time slots (30 mins each) every Thursday for community members to book a call to talk about SelfKey, discuss what we are working on, or demo the latest features in development. Community members that applied to be in the alpha testing group back in March will get first priority.
Our team has also been busy with recruitment, working adding team members to the design and development roles. Specifically, we’ve been looking for a senior UX designer and Junior UI designer to work together across all our product verticals for both B2B and B2C. We are also shifting elements of our application to React that can provide reusable components to give us more flexibility and efficiency within the codebase.
We’ve also added new hires to our internal operations and marketing team this month. As a remote team that is growing fast, it’s important to have good processes in place since we’re not all in the same room. Part of this involves nurturing the culture that we already have with the internal team, and maintaining this as we become a larger organization and work with candidates of all walks of life that are interested in blockchain technology.

can you tell me why u think is better
may be a bit more technical

If they have ongoing negotiations with Australian Government that is huge, could you give us your source where did you find that info ?

I agree that SelfKey is the best among its competitors.
Where did you hear that partnership between selfkey and Australian Government?

Yes, it's cool. But the SELFKEY was not at fault with a low price, the crypto-currency market was experiencing a big correction and the project suffered with it. However, now, in a calm market, this is beginning to restore its position.

Selfkey is lot better project than Civic and TheKey. This will be a huge project once have a partnership with Australian Government

Fantastic all-in-one solution
I'm not surprised that hard hap was reached within 11 minutes. Awesome

Glad to see that SelfKey is above 0.00002 now.
Compared to its high point back in January, it is still much undervalued.

Oh my, my apologies, I was convinced that self key is the part of NEO ecosystem . Honest mistake

The market cap of TheKey is multiple times of SelfKey's, which is weird.
There is good chance SelfKey will surpass TheKey someday.

No, SelfKey isn't part of the Neo ecosystem. You're probably confused between two similar projects, and probably between TheKey (TKY) and SelfKey (KEY). TheKey is the project which is a part of Neo ecosystem, while SelfKey is Ethereum-based.

There is a lot projects on the market which provide similar service as selfkey, but somehow I have a feeling that selfkey is going to be one of the best, especially because they are a part of Neo ecosystem.

I have registered my interest for the alpha testing. Hope to check out the system.
The price is below the ICO price. hope this will thrive in future with the successful alpha testing

People have the very high expectation on this project because their roadmap seems to be very interesting and there is postive gaining moment in the market and there is huge chance to increase the price of Selfkey because dev team actively giving updates about their progress.

I am glad to see that SelfKey has been gaining steady growth in the past days.
I am sure this is only the beginning.
According to the roadmap, there will be many developments along the road.