How KEY Coin Works
What is Selfkey (KEY)?
SelfKey stands out as a blockchain-based identity platform designed to cater to individuals, companies, exchanges, fintech startups, and banks, offering a comprehensive solution for managing identity data, commonly known as KYC (Know Your Customer).
Who are the Founders of Selfkey (KEY) Token?
The core team behind SelfKey brings a wealth of experience in decentralized identity dating back to 2014, with notable contributions across companies such as Standard Chartered Bank, Bitmax exchange, EQIBank, and GSR.
What is the Total Volume of KEY Token in Circulation?
It has a circulating supply of 5,304,969,446 KEY coins and a maximum supply of 6,000,000,000 KEY coins.
What are the Working Principles of Selfkey (KEY)?
The SelfKey wallet, accessible at SelfKey.org/selfkey-wallet, emerges as a free, open-source, non-custodial wallet empowering users to securely store and transmit both digital assets and their digital identity. Within the SelfKey marketplace, users can effortlessly apply for various products, including real-world bank accounts or company incorporation, with the added convenience of paying with the platform’s native token, KEY.
Traditional KYC processes are often expensive and pose security risks, given centralized data storage. SelfKey disrupts this paradigm by adopting a decentralized approach and leveraging cryptographic technologies. The overarching goal is to significantly reduce costs, enhance security, and improve the overall customer experience in identity interactions.
What are the Functions of Selfkey (KEY)?
At its core, SelfKey seeks to revolutionize the KYC onboarding process while upholding the principles of Self-Sovereign Identity. The platform is committed to the belief that every individual should have ownership and control over their identity, aligning with the ethos of decentralized, individualized identity management.
Where can I Trade Selfkey (KEY) Tokens?
The top cryptocurrency exchanges for trading in SelfKey stock at the current rate are currently Binance, Bybit, Bitrue, BingX, and LBank.
