[SELFKEY] ID Wallet for Citizenship, Incorporation, Fintech, Banking, Exchanges - page 56.

bitcoinbulk

full member

Activity: 280

Merit: 100

Ternion | Hybrid Crypto Exchange with fiat gateway

Quote from: Altcoinrusher on December 16, 2017, 01:46:10 AM

Quote from: cantdecide on December 16, 2017, 01:14:17 AM

Quote from: haxllega on December 15, 2017, 10:59:16 AM

Quote from: lobat999 on December 15, 2017, 10:26:19 AM

Imho, this project is at the right timing especially in today's ICO's and exchange's KYC requirements which could eliminate tedious and repetitive tasks which often discourages potential investors.

All those KYC requirements got a big problem cause if you give your personal documents to scammers they can sell it at the darknet.

But isn't it that your documents still will be given to the for example ICO holder, just automaticly in the case you participate?

I think Selfkey users will only need one time KYC, and this will prevent redundancies every time investors need to participate in an ICO.

Yes exactly, thats the main advantage to their system. Makes it easier on ICO investors.

weekofcrypto

member

Activity: 93

Merit: 10

Quote from: Jay2408 on December 16, 2017, 06:13:44 AM

Quote from: magisterr on December 16, 2017, 06:00:40 AM

Does you wallet also will support coins? Which currencies? Or only ERC20 tokens?

You can read it already in their ANN, 'the Identity Wallet is capable to store, send and receive ETH, KEY and any ERC-20 Token'

I wonder if there are any plans to have a hardware wallet for extra security? Or at least partner with Trezor or Ledger?

chichidori

legendary

Activity: 1694

Merit: 1003

Quote from: Jay2408 on December 16, 2017, 06:13:44 AM

Quote from: magisterr on December 16, 2017, 06:00:40 AM

Does you wallet also will support coins? Which currencies? Or only ERC20 tokens?

You can read it already in their ANN, 'the Identity Wallet is capable to store, send and receive ETH, KEY and any ERC-20 Token'

Hope that someday they can also accept none erc20 token and cater to altcoin and other cryptocurrency.

wissy

full member

Activity: 658

Merit: 102

Quote from: Fermin AK on December 16, 2017, 06:16:53 AM

Quote from: Sozialtourist on December 16, 2017, 05:50:29 AM

Quote from: Jay2408 on December 16, 2017, 05:38:28 AM

Quote from: Sozialtourist on December 16, 2017, 05:34:48 AM

Quote from: DylerTurden on December 16, 2017, 05:04:26 AM

Quote from: greatteager on December 15, 2017, 03:52:31 PM

Quote from: mr.robot8 on December 15, 2017, 03:48:29 PM

so if i understand well this project is a way to keep safe personal documents on line,on blockchain,with the possibility to sign documents digitally,and to do quicker kyc,it seems a nice idea to save time and keep in a more secure and private way the documents,i will follow the project with interest

You have all rightly understood, the project will be very necessary in the future.

Not quite right, sir!
The documents are NOT kept online nor on the Blockchain, as SelfKey considers this not secure enough.
The documents are only kept on your personal device. The blockchain is used to transmit only parts (like your age) of these documents. And only after they have been hashed,
so they are useless to any possible perpetrator!

This is a very important point, as storing documents online or on the blockchain is NOT a secure solution!

So when only a small part of the information (like you said the age) gets ransmitted, is this enough to verify your identity? Or will it be necessary to send further information in other packets so that the receiver can put them all together and verify your identity?

Maybe there are cases where the other party just need to know e.g. your age or the country you live in. The advantage of Selfkey is that in these cases only the required information is transferred and there's no need to reveil your other personal data.

Yes, that might be the case. But for occasions where they need more information, I guess they will be sent in small packages and only put together in the end so whenever a perpetrator pick such a signle data package up, it's useless for him on its own.

I think that the less personal information you have to give on the Internet is better. At least I do not like to share it.

You can't really avoid giving personal information over the internet these days. So if it's inevitable to share your information, I'd rather it's stored safely.

Fermin AK

member

Activity: 266

Merit: 10

Presale is live!

Quote from: Sozialtourist on December 16, 2017, 05:50:29 AM

Quote from: Jay2408 on December 16, 2017, 05:38:28 AM

Quote from: Sozialtourist on December 16, 2017, 05:34:48 AM

Quote from: DylerTurden on December 16, 2017, 05:04:26 AM

Quote from: greatteager on December 15, 2017, 03:52:31 PM

Quote from: mr.robot8 on December 15, 2017, 03:48:29 PM

so if i understand well this project is a way to keep safe personal documents on line,on blockchain,with the possibility to sign documents digitally,and to do quicker kyc,it seems a nice idea to save time and keep in a more secure and private way the documents,i will follow the project with interest

You have all rightly understood, the project will be very necessary in the future.

Not quite right, sir!
The documents are NOT kept online nor on the Blockchain, as SelfKey considers this not secure enough.
The documents are only kept on your personal device. The blockchain is used to transmit only parts (like your age) of these documents. And only after they have been hashed,
so they are useless to any possible perpetrator!

This is a very important point, as storing documents online or on the blockchain is NOT a secure solution!

So when only a small part of the information (like you said the age) gets ransmitted, is this enough to verify your identity? Or will it be necessary to send further information in other packets so that the receiver can put them all together and verify your identity?

Maybe there are cases where the other party just need to know e.g. your age or the country you live in. The advantage of Selfkey is that in these cases only the required information is transferred and there's no need to reveil your other personal data.

Yes, that might be the case. But for occasions where they need more information, I guess they will be sent in small packages and only put together in the end so whenever a perpetrator pick such a signle data package up, it's useless for him on its own.

I think that the less personal information you have to give on the Internet is better. At least I do not like to share it.

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: magisterr on December 16, 2017, 06:00:40 AM

Does you wallet also will support coins? Which currencies? Or only ERC20 tokens?

You can read it already in their ANN, 'the Identity Wallet is capable to store, send and receive ETH, KEY and any ERC-20 Token'

Altcoinrusher

full member

Activity: 616

Merit: 100

Quote from: Piggy on December 16, 2017, 02:28:39 AM

Quote from: Altcoinrusher on December 16, 2017, 01:46:10 AM

Quote from: cantdecide on December 16, 2017, 01:14:17 AM

Quote from: haxllega on December 15, 2017, 10:59:16 AM

Quote from: lobat999 on December 15, 2017, 10:26:19 AM

Imho, this project is at the right timing especially in today's ICO's and exchange's KYC requirements which could eliminate tedious and repetitive tasks which often discourages potential investors.

All those KYC requirements got a big problem cause if you give your personal documents to scammers they can sell it at the darknet.

But isn't it that your documents still will be given to the for example ICO holder, just automaticly in the case you participate?

I think Selfkey users will only need ine time KYC, and this will prevent redundancies every time investors need to participate in an ICO.

It may also save time for the ICO itself if the informations ae alredy verified. Is not a trivial task manage all the process of KYC

Yeah. ICO's KYC procedures will be more effective and efficient which could result to a more successful token sale. And there will be no need to hire third party identity verifiers anymore.

magisterr

sr. member

Activity: 1372

Merit: 259

Does you wallet also will support coins? Which currencies? Or only ERC20 tokens?

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: Jay2408 on December 16, 2017, 05:38:28 AM

Quote from: Sozialtourist on December 16, 2017, 05:34:48 AM

Quote from: DylerTurden on December 16, 2017, 05:04:26 AM

Quote from: greatteager on December 15, 2017, 03:52:31 PM

Quote from: mr.robot8 on December 15, 2017, 03:48:29 PM

so if i understand well this project is a way to keep safe personal documents on line,on blockchain,with the possibility to sign documents digitally,and to do quicker kyc,it seems a nice idea to save time and keep in a more secure and private way the documents,i will follow the project with interest

You have all rightly understood, the project will be very necessary in the future.

Not quite right, sir!
The documents are NOT kept online nor on the Blockchain, as SelfKey considers this not secure enough.
The documents are only kept on your personal device. The blockchain is used to transmit only parts (like your age) of these documents. And only after they have been hashed,
so they are useless to any possible perpetrator!

This is a very important point, as storing documents online or on the blockchain is NOT a secure solution!

So when only a small part of the information (like you said the age) gets ransmitted, is this enough to verify your identity? Or will it be necessary to send further information in other packets so that the receiver can put them all together and verify your identity?

Maybe there are cases where the other party just need to know e.g. your age or the country you live in. The advantage of Selfkey is that in these cases only the required information is transferred and there's no need to reveil your other personal data.

Yes, that might be the case. But for occasions where they need more information, I guess they will be sent in small packages and only put together in the end so whenever a perpetrator pick such a signle data package up, it's useless for him on its own.

jonnytracker

sr. member

Activity: 672

Merit: 261

This project is worth speculating

BY_ATOM

full member

Activity: 406

Merit: 107

Quote from: jonnytracker on December 15, 2017, 10:20:32 AM

I don't know why the government can stop people from buying what they want.

It is likely in taxes) the government can't allow that person to earn and not pay taxes on income!

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: Sozialtourist on December 16, 2017, 05:34:48 AM

Quote from: DylerTurden on December 16, 2017, 05:04:26 AM

Quote from: greatteager on December 15, 2017, 03:52:31 PM

Quote from: mr.robot8 on December 15, 2017, 03:48:29 PM

so if i understand well this project is a way to keep safe personal documents on line,on blockchain,with the possibility to sign documents digitally,and to do quicker kyc,it seems a nice idea to save time and keep in a more secure and private way the documents,i will follow the project with interest

You have all rightly understood, the project will be very necessary in the future.

Not quite right, sir!
The documents are NOT kept online nor on the Blockchain, as SelfKey considers this not secure enough.
The documents are only kept on your personal device. The blockchain is used to transmit only parts (like your age) of these documents. And only after they have been hashed,
so they are useless to any possible perpetrator!

This is a very important point, as storing documents online or on the blockchain is NOT a secure solution!

So when only a small part of the information (like you said the age) gets ransmitted, is this enough to verify your identity? Or will it be necessary to send further information in other packets so that the receiver can put them all together and verify your identity?

Maybe there are cases where the other party just need to know e.g. your age or the country you live in. The advantage of Selfkey is that in these cases only the required information is transferred and there's no need to reveil your other personal data.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: DylerTurden on December 16, 2017, 05:04:26 AM

Quote from: greatteager on December 15, 2017, 03:52:31 PM

Quote from: mr.robot8 on December 15, 2017, 03:48:29 PM

so if i understand well this project is a way to keep safe personal documents on line,on blockchain,with the possibility to sign documents digitally,and to do quicker kyc,it seems a nice idea to save time and keep in a more secure and private way the documents,i will follow the project with interest

You have all rightly understood, the project will be very necessary in the future.

Not quite right, sir!
The documents are NOT kept online nor on the Blockchain, as SelfKey considers this not secure enough.
The documents are only kept on your personal device. The blockchain is used to transmit only parts (like your age) of these documents. And only after they have been hashed,
so they are useless to any possible perpetrator!

This is a very important point, as storing documents online or on the blockchain is NOT a secure solution!

So when only a small part of the information (like you said the age) gets ransmitted, is this enough to verify your identity? Or will it be necessary to send further information in other packets so that the receiver can put them all together and verify your identity?

cantdecide

full member

Activity: 336

Merit: 112

Quote from: Altcoinrusher on December 16, 2017, 01:46:10 AM

Quote from: cantdecide on December 16, 2017, 01:14:17 AM

Quote from: haxllega on December 15, 2017, 10:59:16 AM

Quote from: lobat999 on December 15, 2017, 10:26:19 AM

Imho, this project is at the right timing especially in today's ICO's and exchange's KYC requirements which could eliminate tedious and repetitive tasks which often discourages potential investors.

All those KYC requirements got a big problem cause if you give your personal documents to scammers they can sell it at the darknet.

But isn't it that your documents still will be given to the for example ICO holder, just automaticly in the case you participate?

I think Selfkey users will only need one time KYC, and this will prevent redundancies every time investors need to participate in an ICO.

Yes, of course you just need to make the KYC one time, afterwards you can just register with Selfkey for the ICOs etc. But if you do this, how will your documents be handled? Will it just say "person is real" or will your documents be hand over to the next party too? In this case, your documents will be given away too which would bring you into the situation that your documents could be abused in worst case.

Altcoinrusher

full member

Activity: 616

Merit: 100

Quote from: cantdecide on December 16, 2017, 01:14:17 AM

Quote from: haxllega on December 15, 2017, 10:59:16 AM

Quote from: lobat999 on December 15, 2017, 10:26:19 AM

Imho, this project is at the right timing especially in today's ICO's and exchange's KYC requirements which could eliminate tedious and repetitive tasks which often discourages potential investors.

All those KYC requirements got a big problem cause if you give your personal documents to scammers they can sell it at the darknet.

But isn't it that your documents still will be given to the for example ICO holder, just automaticly in the case you participate?

I think Selfkey users will only need one time KYC, and this will prevent redundancies every time investors need to participate in an ICO.

premium_domainer

legendary

Activity: 1764

Merit: 1012

Quote from: DylerTurden on December 16, 2017, 05:04:26 AM

Quote from: greatteager on December 15, 2017, 03:52:31 PM

Quote from: mr.robot8 on December 15, 2017, 03:48:29 PM

so if i understand well this project is a way to keep safe personal documents on line,on blockchain,with the possibility to sign documents digitally,and to do quicker kyc,it seems a nice idea to save time and keep in a more secure and private way the documents,i will follow the project with interest

You have all rightly understood, the project will be very necessary in the future.

Not quite right, sir!
The documents are NOT kept online nor on the Blockchain, as SelfKey considers this not secure enough.
The documents are only kept on your personal device. The blockchain is used to transmit only parts (like your age) of these documents. And only after they have been hashed,
so they are useless to any possible perpetrator!

This is a very important point, as storing documents online or on the blockchain is NOT a secure solution!

I wasn't aware of it. Selfkey doing his part maximum to keep our documents safe.

But of course, after we decide to share it with the third party, they can't stop them using it for malicious reasons.

DylerTurden

member

Activity: 67

Merit: 10

PradBitt

Quote from: greatteager on December 15, 2017, 03:52:31 PM

Quote from: mr.robot8 on December 15, 2017, 03:48:29 PM

so if i understand well this project is a way to keep safe personal documents on line,on blockchain,with the possibility to sign documents digitally,and to do quicker kyc,it seems a nice idea to save time and keep in a more secure and private way the documents,i will follow the project with interest

You have all rightly understood, the project will be very necessary in the future.

Not quite right, sir!
The documents are NOT kept online nor on the Blockchain, as SelfKey considers this not secure enough.
The documents are only kept on your personal device. The blockchain is used to transmit only parts (like your age) of these documents. And only after they have been hashed,
so they are useless to any possible perpetrator!

This is a very important point, as storing documents online or on the blockchain is NOT a secure solution!

Piggy

hero member

Activity: 784

Merit: 1416

Quote from: wissy on December 16, 2017, 04:42:24 AM

Quote from: cantdecide on December 16, 2017, 01:14:17 AM

Quote from: haxllega on December 15, 2017, 10:59:16 AM

Quote from: lobat999 on December 15, 2017, 10:26:19 AM

Imho, this project is at the right timing especially in today's ICO's and exchange's KYC requirements which could eliminate tedious and repetitive tasks which often discourages potential investors.

All those KYC requirements got a big problem cause if you give your personal documents to scammers they can sell it at the darknet.

But isn't it that your documents still will be given to the for example ICO holder, just automaticly in the case you participate?

I don't think it will be automatic, you probably still have to give your consent in order to transfer your documents. You just won't need to fill everything in again, since it will be already there.

Ues you will have to agree to the terms of use. Or agree with them giving your details to a third party

wissy

full member

Activity: 658

Merit: 102

Quote from: cantdecide on December 16, 2017, 01:14:17 AM

Quote from: haxllega on December 15, 2017, 10:59:16 AM

Quote from: lobat999 on December 15, 2017, 10:26:19 AM

Imho, this project is at the right timing especially in today's ICO's and exchange's KYC requirements which could eliminate tedious and repetitive tasks which often discourages potential investors.

All those KYC requirements got a big problem cause if you give your personal documents to scammers they can sell it at the darknet.

But isn't it that your documents still will be given to the for example ICO holder, just automaticly in the case you participate?

I don't think it will be automatic, you probably still have to give your consent in order to transfer your documents. You just won't need to fill everything in again, since it will be already there.

premium_domainer

legendary

Activity: 1764

Merit: 1012

Quote from: the_donald on December 16, 2017, 03:30:46 AM

Quote from: wonderfullife on December 15, 2017, 08:35:17 PM

The selfkey system is a platform that allows people to prove their identity in order to carry out administrative work such as notarial acts, for example but not only. In general, it allows to reuse the documents and informations already used and therefore saves a lot of energy and time for users

yeah it can definitely save some time. but I think I have some security issues with putting my documents online.

So you are not joining most of the icos or not try to withdraw big amounts from exchanges?

Now even some exchanges asking for KYC just for little amounts. It looks inevitable.

Topic: [SELFKEY] ID Wallet for Citizenship, Incorporation, Fintech, Banking, Exchanges - page 56. (Read 37546 times)