VERIF-Y: Identity Security For Digital Economics Based on Blockchain
VERIF-Y: Identity Security For Digital Economics Based on Blockchain
Verif-y pioneered the creation of a manageable, verifiable, and secure digital identity.
Verif-y enables a fast and secure digital verification process, for various credentials such as degrees, transcripts, licenses, and work history among others.
The Verif-y platform operates on a pile of technologies designed and designed to utilize the attributes of blockchain and is built for safe and intuitive operation.
The Verif-y platform supports two types of PII data:
- Identity Verification ("IDV")
- Credentials and Employment Evidence ("C & EV")
When users and organizations are introduced to the Verif-y platform, they are given a Personal Identity Verification ("PIV") or Organizational Identity Verification ("OIV"), which evolves as more records and other identification methodologies are associated with their identities.
VERIF-Y BENEFITS FOR INDIVIDUAL AND ORGANIZATIONAL USERS
- INDIVIDUAL: For the candidates who have been verified the identity letter has its own advantages over applicants who are still not verified.
- ENTREPRENEURS: traditional verification services are so slow, it takes up to a week even in a month just to determine the outcome. But not with Verif-y, with verif-y we get accurate and timely results.
- KNOWLEDGE SERVICE PROVIDER: Colleagues and universities may exceed the limits by diplomas, copies and filing of registration requests.
- GOVERNMENT: The government provides the ability to accurately and quickly in terms of the credentials of prospective workers and contractors with a cost effective.
- ORGANIZATION MEMBERSHIP: Members may verify their membership at the time of attending the event, while interacting with other members, and authorizing its membership to the relevant third party.
- LICENSE PROVIDER: Licensee allows to certify their licenses as soon as possible and acts that are on the third party like employers, health care and organizational regulators.
Blockchain Technology
already been spent. Bitcoin was the first decentralized (Figure 1) cryptocurrency in the world, and today, makes up nearly half (~$60 billion) of the ~$150 billion cryptocurrency market. Bitcoin provided a protocol that for the first time illustrated it was possible for two parties who do not trust one another, to perform transactions without the use of a central authority as intermediary. The key is that both parties participating in the transaction need only trust the underlying architecture (the blockchain or distributed ledger) which guarantees the security of the system. In the current banking system, “a certain percentage of fraud is accepted as unavoidable”, which increased the need for trust in the system and thus the emergence and popularity of the various blockchain solutions.
Verif-y’s Ecosystem and Product
Why use Verif-y:
Verif-y provides individuals with a competitive advantage in the job market, as users can provide their independently verified credentials and employment history directly to credential requestors, instantly and securely.
Verif-y Application Example:
The Verif-y app and its support platform have been running since April 2017 and are available for download on iOS and Android devices.
Example Smart Contract Dictating The Terms Of The Token-Based Transactions Relating To The Sharing Of Verified Record
CROWDSALE DETAILS
- 40% of tokens will be available for ICO funding
- 25% token is used for marketing, adoption and promotion
- 35% token will be saved and in use in the future.
From the percentage of tokens that are in use in the future 35% will be divided into 3 parts:
- 20% will be available at this time
- 40% will be locked for 12 months
- 40% will be locked for 24 months
Pre-SALE and CROWDSALE INFORMATION:
Pre-Sale commenced on September 14, 2017
Crowdsale begins on October 5, 2017
Bonus for the initial investor: 20% to 30% depending on the amount of investment
Total supply: 3.000.000.000 VFY
Maximum tokens sold through Pre-sale and crowdsale: 1.000.000.000 VFY
TEAM VERIF-Y:
- Ed Zabar : Founder and CEO
- Bill Crean : Director of Product
- Colleen Connors : Director of System Operations
- John Chaisson Director : of Business Development
- Chad Peiper. PhD : Sr. Solutions Architect
- Tammy Fudem : General Counsel
TEAM ADVISORS:
- Paul Booth
- Dang Jin-yi
- Lewis Larson
- Shoshana Loeb
- Kirk Philips
- Adam Schwartz
- David Schwartz
- Neal Trieber
- Gil Tsabar
- Lior Zysman
For The More Informations:
My Ethereum Address: 0xF234Fd34C70C1868734a54DEf1A19C7e27add4F2
My Bitcointalk Profile: moetimas
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