Introduction

SelfKey is a blockchain-based project established in 2017 for the purposes of protecting personal data through its open source, decentralized, self-sovereign digital identity protocol.

It is a building blockchain-based identity system that allows identity owners to truly own, control and manage their digital identity. At the very heart of this individual freedom, lies control over our personal identity data. However, this information is stored in centralized databases, prone to data breaches and security hacks. As technology digitizes the world, outdated paper-drive systems cannot be relied upon. Blockchains allow us to build a more private, secure, and transparent identity system that respects our individual freedoms.

SelfKey offers services at your fingertips. With the launch of SelfKey Marketplace, you can now open a business abroad or open a foreigner bank account from within the SelfKey Wallet.

A Better Way Of Starting A Business

Research, prepare, and open a new company from over 12 offshore jurisdictions. You have all the information you need at your fingertips from time to formation, required documents, tax rates, shareholder structure, reporting information, and much more. Payable in KEY tokens and priced against USD, you can start a new company in record time.

Convenient & Efficient

Reuse documents and information in your SelfKey ID to save time, and back and forth communications when applying for new services that require KYC. Know exactly what identity information you are sharing – no more, no less.

Faster Application for International Bank Accounts

If you are doing business outside your country of residence, having an offshore bank account for your company is even more beneficial, helping you save money on currency conversions.

You can choose from over 20 jurisdictions to open an international Bank account for you or for your company.

DAO Mission

SelfKey is a DAO (decentralized autonomous organization) developing innovation in digital identity management, empowering individuals (and corporations) to truly own, control, and manage their personal data. With data breaches happening every week, the DAO’s mission is to change how the world manages and processes identity transactions using blockchain technology. This will create a safer world where our personal data and privacy is protected.

What is DAO?

A decentralized autonomous organization (DAO) is an emerging form of legal structure that has no central governing body and whose members share a common goal to act in the best interest of the entity. Popularized through cryptocurrency enthusiasts and blockchain technology, DAOs are used to make decisions in a bottom-up management approach.

One of the major features of digital currencies is that they are decentralized. This means they are not controlled by a single institution like a government or central bank, but instead are divided among a variety of computers, networks, and nodes. In many cases, virtual currencies make use of this decentralized status to attain levels of privacy and security that are typically unavailable to standard currencies and their transactions.

Inspired by the decentralization of cryptocurrencies, a group of developers came up with the idea for a decentralized autonomous organization, or DAO, in 2016.1 The concept of a DAO is to promote oversight and management of an entity similar to a corporation. However, the key to a DAO is the lack of central authority; the collective group of leaders and participants act as the governing body.

SelfKey Identity Wallet

The SelfKey Identity Wallet allows you to manage all your ERC20 tokens from one convenient location. The light-weight desktop application not only provides an intuitive interface with the Ethereum blockchain, but it also shows the real-time fiat value of your tokens. In the Wallet you will also find the Address Book which lets you store commonly used Addresses and consequently saves time when performing a transaction.

KEY is the main utility token within the SelfKey ecosystem. Users might use it for staking, or for payment for services within the SelfKey Ecosystem. We propose KEY can be used for governance, and for empowering individual members of the SelfKey DAO.

How It Works

Besides managing your ERC20 tokens, the Wallet also gives you access to the SelfKey Marketplace. Here you will find a growing service hub, including incorporation services, cryptocurrency exchanges, bank accounts and much more. The incorporations Marketplace launched in March of 2019 and allows you to open a business and pay for it in KEY.

What It Can Do For You

Save Time & Money

Through the SelfKey Marketplace you can open a new bank account, incorporate a new business, or access a world of services without the headaches of paperwork and repetitive KYC.

Send & Receive Crypto Assets

Enjoy full control 24/7 over your private keys and manage all of your Ethereum and tokens from your laptop or desktop. Enjoy faster recurring transfers with saved contacts in your address book.

Tracking Selfkey