SelfKey (Official)

SelfKey is building for new governance ideas like Quadratic voting. 🔐 Quadratic voting allows- ✅ Users vote more than once on an issue ✅ Each subsequent vote counts less ✅ Each new vote has a far larger marginal cost Click on the link below to learn more- www.selfkey.org

Sensitive user information is typically collected by companies and stored alongside less sensitive regular business data; these data are consigned to private data vaults and become less valuable for driving product enhancements and achieving meaningful customer knowledge. Click on the link below to learn more- https://selfkey.org/data-breaches-in-2019/

🔔 Current governance systems are fragile ⚠️ It provide users who own more tokens an unfair advantage which is in direct contrast to the principles of decentralization. How do you think we can improve that? Comment below your thoughts 👇

DID is a new sort of globally unique identifier, that does not require a centralized registration authority and can verify digital identity via cryptography. As IP addresses can be considered as a means to link devices, DIDs as a way to connect people’s Identities digitally. 🔐 Click on the link below to learn more- www.selfkey.org

A verifiable credential is cryptographically shared, and the receiver, known as a verifier, uses the associated DID as a resource locator for the sender's public verification key, allowing the data in the verifiable credentials to be decoded and authenticated. 🔐 Click on the link below to download the SelfKey application- https://selfkey.org/download/

In many ways, NFT-secured virtual selves may become more secure than physical identities. Passwords can be stolen, biometrics can be hacked, and passports can be forged. Identity protected by blockchain is more difficult to forge and steal. Click on the link below to learn more- https://selfkey.org/significance-of-nfts-in-web-3-0-and-the-metaverse/

In many ways, NFT-secured virtual selves may become more secure than physical identities. Passwords can be stolen, biometrics can be hacked, and passports can be forged. Identity protected by blockchain is more difficult to forge and steal. Click on the link below to learn more- https://selfkey.org/significance-of-nfts-in-web-3-0-and-the-metaverse/

Users can now reclaim control of their digital identities by utilizing highly decentralized, interoperable, and self-sovereign apps. As we move forward, it is critical that we use Distributed Ledger Technology to revamp Identity and reputation management. 🔐 Click on the link below to learn more- www.selfkey.org

One of the reasons for the optimism around digital identity and blockchain is the fault-tolerance of the distributed data structure – the consensus is structured in such a way that the failure of an invalid ID to verify has no impact on the validity of other credentials. Click on the link below to download the SelfKey application- https://selfkey.org/download/

Next-generation digital identity management can become a truly decentralized peer-to-peer networking system with the advent of Web3, designed to bring back control of identity to users. 🔐 Click on the link to learn more- https://selfkey.org/how-will-identity-be-perceived-in-web3/

The development of a creator economy in the decentralized Metaverse mandates the use of blockchain-based digital ID identification to prevent copyright infringement and intellectual property theft. 🔐 Click on the link below to learn more- www.selfkey.org

Users can own avatars, digital apparel, and other commodities with unique attributes through Living avatar NFTs and migrate them across multiple chains using the Selfkey wallet. Click on the link below to learn more- https://selfkey.org/living-avatar-nfts-the-identity-layer-for-the-metaverse/

It is critical in the #Metaverse to provide users with control over their identities. Because digital identities do not accurately reflect demographics, it is difficult to validate them. Replication of one’s Identity can be prevented by having it stored as #NFTs. 🔐 Click on the link below to learn more- https://selfkey.org/significance-of-nfts-in-web-3-0-and-the-metaverse/

SelfKey will allow verifiable credentials to claim Identity data through a combination of public-key cryptography & privacy-preserving techniques to prevent correlation and grant users to selectively disclose their data. 🔐 Click on the link below to learn more- https://docsend.com/view/62bg3ygxbqdc873s

SelfKey's approach to digital identity establishes a cryptographically secure digital ledger recording that prevents tampering and allows users to deliver only the information they approve validators to receive. Click on the link below to download the SelfKey application- https://selfkey.org/download/

In order to be eligible for a dedicated marketplace that offers a variety of commercial and financial services, users must testify to identity claims in their SelfKey digital wallet. Click on the link below to access to SelfKey Marketplace- https://selfkey.org/marketplace/

Participants can work on the POI system, which will contribute to the network's strengthening by validating each other's credentials. This will help users to earn LOCK tokens, which have their utility on the POI platform. Click on the link below to download the SelfKey application- https://selfkey.org/download/

Through game theory mechanics - Identity owners use $KEY tokens as collateral to stake against Credentials. If any Credential is found to be invalid, the $KEY tokens used as collateral are forfeited. 🔐 Click on the link to read the POI whitepaper- https://docsend.com/view/62bg3ygxbqdc873s

SelfKey's POI system is based on an incentive-based framework, in which users with shared goals have an individual incentive to maintain the Credential's validity. Thus strengthening the governance infrastructure. Click on the link below to visit the SelfKey website- www.selfkey.org

The credentials in the POI system are backed by $KEY tokens which are pledged as collateral. If someone tries to generate duplicate IDs, this participation method can be expensive. Thus creating a more advanced digital identity model. Click on the link below to download the SelfKey application- https://selfkey.org/download/