Sorry, maybe a little off topic. But can someone explain to me why I should provide my personal data to any cryptocurrency startup or bank? Why do they need my personal data if all operations occur with an account, and not with my name.
In SelfKey's case, they're offering an identity management system wherein the wallet users hold their data so you won't actually need to provide your personal data directly to them. Instead your digital identity will be stored in your device, thus, incase banks or SelfKey's servers may be hacked, your data won't be compromised like what just happened in the Binance KYC hack that spread just recently. So yeah, convenience in applying for financial services is what they're offering and i find their concept actually great.