Verif-y’s platform operates on a technology stack conceived and designed to leverage the attributes of the blockchain, and built to be operated securely and intuitively. Verif-y’s platform supports two types of PII, Identity Verification (“IDV”) and Credential and Employment Verification (“C&EV”) data. When users and organizations are introduced to Verif-y’s platform, they are assigned a Personal Identity Verification (“PIV”) or Organization Identity Verification (“OIV”) score respectively, which evolves as more records and other identification methodologies are associated with their identities. The Verif-y platform accepts upload of a verified identification from the appropriate authorities and places it in the appropriate and appropriate place. Users can control who can see the verified identifier and specify the space available.
VERIF-Y APP — SAMPLE PROFILE
IDENTITY NEEDS ARE CHANGING Verif-y’s aim is to give its users the power to own, manage and communicate their digital identities and verified credentials as well as to give entities an interface and layer of trust to provide and request PII data. Importantly, with Verif-y, all communication of PII is exclusively governed by the users, something not available until now.
VERIF-Y PROTECTS INDIVIDUALS’ DATA The Verif-y platform employs Next-Generation Defense-in-Depth methodology to support and secure the industry’s first end-to-end validation of education, employment, license, certification and membership credentials and the resulting digital identity. The strength of the digital identity generated by Verif-y’s process is high, given that the identity is generated in an organic manner — comprised of unique identifying data, stored on the blockchain and resulting in a new paradigm for securely storing and accessing PII. This new digital identity can then be utilized for identification purposes outside of the employment and educational markets, such as online login authentication, formal identifications (IDs), physical access and many more applications.
Verif-y’s app and supporting platform have been live since April 2017 and available for download on iOS and Android devices.
As identity is one of the pillars of a successful and ubiquitous blockchain implementation in many industries, Verif-y’s highly robust and differentiated identity solution can become an essential part of this global, fundamental transformation.
Example of a Smart contract
- A user selects record(s) they want to share from their profile.
2 The smart contract oraclizes the share request through Verif-y’s secure, off-chain, API which sends the request to a web API. - Verif-y’s platform provides a secure interface for the third-party recipient of the shared record(s) to submit a Verif-y app-token payment prior to viewing such shared record(s).
- Following payment, the third-party securely accesses the shared record(s).
5 . The platform then notifies the user that the third-party has viewed the share, and a percentage of the cost of the service is forwarded to the user’s token wallet. The contract is then closed.
ABOUT TOKEN
Verif-y is pleased to introduce VFY, the only token that powers trusted identity built from verified credentials on the blockchain. VFY will be available through a token pre-sale scheduled for September 14, 2017 and a crowdsale open to the community The crowdsale opens on October 5th, 2017 17:00 UTC and closes on October 30th, 2017 17:00 UTC.
Useful links to verif-y
Website : https://www.verif-y.com
Official project website : https://verif-y.io
Whitepaper : http://www.verif-y.io/vfy-white-paper-1.0.pdf
Email : [email protected]
Telegram : https://t.me/VFY_TOKEN
Facebook : https://www.facebook.com/VerifyInc
Twitter : https://twitter.com/YVerif
Discord : https: // discordapp .com / channels / 354707646802165760/354707646802165761
Slack : https://verif-yworkspace.slack.com/messages/@slackbot
Linkedin :https://www.linkedin.com/company-beta/10299069
Official thread : https://bitcointalk.org/index.php?topic=2177914.0
Thread bounty : https://bitcointalk.org/index.php?topic=2181617.0
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1048662
My Youtube channel:https://www.youtube.com/channel/UCoKb8l6T6TN3dk9_9CvTnvw