Price of SelfKey (KEY) today
As of the latest data, SelfKey (KEY) is currently priced at $0.0069 with a market capitalization of $43.01M. The 24-hour trading volume stands at $3.23M, The circulating supply of SelfKey is approximately 6.00B. The cryptocurrency has seen a 1.55% increase in value over the past 24 hours.
Best SelfKey (KEY) Prices
About SelfKey (KEY)
Selfkey (KEY) is a digital asset that offers a range of features for identity management and verification. The technology behind Selfkey allows users to securely store and manage their personal information, such as passports, driver's licenses, and financial documents, using blockchain technology. This decentralized approach ensures that users have full control over their data and can choose who to share it with. Selfkey aims to streamline processes like KYC (Know Your Customer) verification for businesses and individuals, reducing the risk of identity theft and fraud.
One of the key features of Selfkey is its user-friendly interface, making it easy for individuals to upload and manage their personal documents securely. The asset also leverages smart contracts to facilitate secure transactions and data sharing between parties. Selfkey's technology ensures that all data is encrypted and stored securely on the blockchain, providing a high level of protection against unauthorized access. Overall, Selfkey's main use case is to empower individuals to take control of their digital identities and streamline identity verification processes in a secure and efficient manner.
With a focus on privacy and security, Selfkey is designed to give users peace of mind when sharing sensitive information online. By utilizing blockchain technology, Selfkey ensures that personal data remains secure and tamper-proof, reducing the risk of data breaches and identity theft. Whether for onboarding new customers, accessing financial services, or verifying credentials, Selfkey offers a comprehensive solution for individuals and businesses looking to enhance their identity management processes.
How does SelfKey work?
Selfkey (KEY) is a decentralized identity management platform that allows individuals and organizations to securely manage their digital identities and personal data. It operates on a peer-to-peer network, eliminating the need for intermediaries and providing users with full control over their information. Built on blockchain technology, Selfkey ensures data integrity and security through encryption and decentralized storage. The platform utilizes consensus mechanisms such as proof of identity and proof of reputation to verify and authenticate users. Unique features of Selfkey include self-sovereign identity, digital wallet integration, and seamless KYC processes. Use cases for Selfkey range from secure login authentication and document verification to tokenized asset management and decentralized finance applications. By offering a decentralized solution for identity management, Selfkey revolutionizes traditional financial systems by empowering individuals to take ownership of their digital identities and data privacy. Its diverse functionalities and potential applications across various platforms and industries make it a valuable tool for enhancing security and efficiency in the digital world.
How to keep your SelfKey (KEY) safe?
To keep your Selfkey (KEY) safe, consider using hardware wallets like Ledger for enhanced security. These wallets store your private keys offline, making them less vulnerable to hacking. Additionally, platforms like Kraken offer advanced security features such as two-factor authentication and encryption to protect your KEY holdings. By utilizing these trusted tools and platforms, you can better safeguard your Selfkey investments from potential threats.