THEKEY Project Team is now developing an identification verification (IDV) tool with blockchain based dynamic multi-dimension identification (BDMI) by using Personally Identifiable Information (PII) which is exclusively authorized by government authorities. THEKEY is a Decentralized Ecosystem of Identity Verification Tool Using National Big-data and Blockchain.
As more and more services and socializing shift from the real world to the online world, identifying each other digitally has become a prominent theme. Development of Identity Verification (“IDV”) Technology is one of the most significant trends, which will have a critical impact on the digital economy. However, none of the existing online IDV technologies addresses two fundamental requirements: results generated from online IDV should be undeniable and unalterable.
THEKEY Project is now developing a second-generation IDV solution for the internet via BDMI technology. BDMI stands for “Blockchain based Dynamic Multi-Dimension Identification” technology. Such a solution perfectly echoes the main requirements for identifying each other in the digital world, which is ‘The Key’ for migrating people from the real world to the online world. BDMI, as the name of it, synergistically combines Dynamic Multi-Dimension Identification (“DMI”) technology and blockchain technology. DMI has already passed its development stage and is currently applied to THEKEY’s existing first-generation IDV solutions, which has built a very solid ground work to guarantee the successful development of BDMI,
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Cofounder of International Consensus Association | Investor Relation | China Market Rated on Dec 27, 2017
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Good approach. But please clarify that people from China is allowed or not allowed to fundraising by ICO. As I know, China government have announce new regulation at Q4 2017 that all people with Mainland China nationality are prohibited from participating in ICO or fundraising by ICO, and all ICO companies were terminated at that time. So this is a major risk. However, I like this project if the issue has been solved.
Icodriver...expert launching ICOs, ICO Influencer, IT expert. Rated on Jan 21, 2018
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Jason Hung, correct!
"Good approach. But please clarify that people from China is allowed or not allowed to fundraising by ICO. As I know, China government have announce new regulation at Q4 2017 that all people with Mainland China nationality are prohibited from participating in ICO or fundraising by ICO, and all ICO companies were terminated at that time. So this is a major risk. However, I like this project if the issue has been solved."
UPDATE***
The team never answered the questions asked by investors, showing disregard for their concerns.
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REDFLAG!
SSL certificate of the webpage is for the domains app.gotrips.net and www.app.gotrips.net hours before the ICO thus throwing SSL_ERROR_BAD_CERT_DOMAIN errors.
Blockchain Startup Advisor, Technologist, Inventor Rated on Jan 4, 2018
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Pros:
Stong Team.
Strong partnerships.
Thorough whitepaper.
A number of copyrights are in place.
A number of patents have been accepted in China.
The uniqueness of this project comes from combination of blockchain with data collected from government sources for identity management.
Cons:
There is competition in identity verification space.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
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PII data of 210 million people have been acquired covering 66 cities.
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FEB'2017
DMI has been successfully tested and deployed, the business model has been verified; 23 copyrights have been obtained, 15 patents have been accepted by SIPO and start attestation process.
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OCT'2017
Headquarter of THEKEY Project is established in Singapore.
