THEKEY
A Decentralized Ecosystem of
An Identity Verification Tool
Using National Big-data and Blockchain!
REPUTATION IS THE ONLY FUTURE ASSET
The 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.
BDMI embraces the 6 elements below simultaneously to deliver the perfect solution for IDV:
| 1 | Unique biometrics data serves as the base of BDMI. |
| 2 | The data of BDMI used, including biometrics data, for IDV are all validated in advance by the relevant government authorities. |
| 3 | The data of BDMI used for IDV are comprehensive enough so that it can meet the different requirements of various clients. |
| 4 | To ensure the reliability of BDMI, cross-check is always carried out during IDV between the government validated data and behavior/scene data of the same user. |
| 5 | To ensure solidity of BDMI, BDMI always uses updated data when an IDV is executed, to capture the latest changes, if any. |
| 6 | Once an IDV is completed the result will be properly documented for audit so that personal credit of the user can be evaluated and calculated. |
Compared to other peers in IDV industry, who are also applying IDV into Blockchain, BDMI has the following three advantages:
- More reliable results The supporting data is gathered in real time, is comprehensive, accurate and reliable. The data is also validated in advance by government agencies or other public institutions.
- Lower cost - Full use of existing data sources. Avoidance of duplicate work for data collection, processing and authentication,
- Better user experience It is not necessary for individual users to install any application or upload any information.
For successful development of BDMI, the THEKEY Project Team has already achieved the following,
- 23 copyrights have been obtained, 15 patents have been accepted by SIPO (State Intellectual Property office of the P.R.C) and start attestation process.
- THEKEYs first-generation IDV solution is currently in use for mobile social insurance pay in two pilot cities, which people can receive their payment for their pension, or healthcare insurance reimbursement. The IDV solution is currently being deployed in another 41 cities, covering more than 130 million people.
- Personal identity data of 210 million people in 66 cities, authenticated by the relevant government authorities, are connected on a real-time basis. This constitutes a solid foundation of IDV.
- Commercial contracts signed with world-leading firms and the business model of our IDV products has already been partly proven.
Six relevant national laboratories have been set up together with government agencies, banks, insurance companies and one university.
We now invite you to hold THEKEY with us.
www.thekey.vip mail:
info@thekey.vip telegram:
https://t.me/joinchat/FkZtERGQ1qUEU7iAzC6xVQ
