[Crypto Currency] The key (TKY) - NeoDApp block chain system for identity authentication
The more people you enjoy, the more content you get, the more and more people get into the online world. The online world is like a living space that can not be removed for us.
Whether you're using a community, a portal, or an online store, people will create an identity that can authenticate you, which simply captures one personality. However, even if the user who actually writes the ID changes, it becomes very difficult to distinguish it.
Currently, the most commonly used methods of personal authentication are to authenticate themselves through personal authentication methods, or by entering a given password for personal property issues.
Identity Verification (IDV) enables you to verify that you are the identity user online. To do this, government agencies must provide personal information that has been certified, and personal information must be reliable and secure.
The Key seeks to provide a solution by developing a DNA framework through Blockchain and Smart Contract in the IDV domain. The difference between Neo Dapp's Smart Contract based on Neo and other Ethereum based projects. The developers at The Key have already created Social Medicine Insurance 123, a social health insurance settlement APP.
As an essential element of providing IDV in the platform of Neo, we are pursuing the advantages of Neo, various language support, and light weight. It is the development of Blockchain based Dynamic Multi-Dimension Identification (BDMI) technology to provide IDV that can not be arbitrarily modified and can not be denied.
The BDMI accommodates six elements. The IDV data can be verified by the government, the diversity can be accepted for each user, the quantitative verification for reliability is carried out, and the up-to-date information must be always accepted.
The BDMI is implemented with five modules in a way that Blockchain is added to the DMI, and five modules consist of five data collection, data normalization, basic user index, data storage solution and IDV engine.
The framework of BDMI is divided into three layers: Protocol, Interface and Application. Protocol is a communication protocol of a selectable platform such as ETH, EOS, NEO. Interface provides identification data modeling such as data standardization, smart contract trigger, and application related to providing SDK for data exchange with interface.
The data standardization module has two sub-modules, a communication protocol standardization module that enables information exchange with other systems, and a term standardization module that consists of three core components: Ontology, NLP, and AI.
The key allows the user to control personally identifiable information (PII) user information. All records of PII's data collection and use are recorded in Blockchain. And IDV processes KYC standards through Smart Contract.
To avoid errors in the reflection of the result of IDV, distributed storage is performed and indexed into ID data blocks. The problem of the stored data capacity of the block chain is that the PTL is stored in the ETL database of the Validator, and the hash of the data is stored in the block chain.
The Key has already provided a solution for IDV, but because it is not decentralized, we want to provide an improved solution by introducing a block chain. The Key claims that sensitive issues dealing with personal information can be encrypted by keeping records secure and motivating participants to reward.
This will ensure that the data is accurate and trusted, can be pre-verified through government agencies, can be cost-effectively leveraged from existing data, avoid duplicate work, and be powerful in terms of user convenience.
The Key is built with validators that process and generate results for IDVs, service providers that make IDV requests, and users who use IDVs and agree to their processing. The dual Validator can be a government agency or a company, and they will receive Smart Contracts that are requested for IDV.
The Smart Contract is set up to include the service industry's KYC, policies, and regulations, and avoids redundancy in providing PII for IDV. The Smart Contract allows you to transfer IDVs between each member, and if the transfer is approved, a record will remain on the block chain.
The TKY token pays for the approval of these Smart Contracts. TKY can be acquired as reward according to data provision, and the key of the previously developed app will be converted into TKY token. If the key is introduced all over the world, it is easy to pay TKY It can be done by doing.
The key's roadmap.
November 2014
Seed fund for 1st generation IDV product
December 2016
We have acquired 2.1 million PII data from 66 cities.
February 2017
DMI has successfully completed the test and the business model has been approved.
I got 23 copies.
15 patterns have been accepted by SIPO and the system proof has been started.
October 2017
The Key's headquarters was established in Singapore.
January 2018
Enforce the ICO of The Key.
BDMI is tested and developed.
December 2018
The BDMI proof of concept is complete.
December 2020
BDMI is released.
The key Team.
CEO Xueli Li worked for the Canadian International Reaserch Council in Canada and at IMS Health. We have a history of developing DMI technology and developing Social medical insurance 123 that provides IDV service.
CBO Jian Wang is a director of Jiangsu Hoperun and CTO of Rongzer. Jiangsu is the system designer of the Big Data application, Nanzing's block-chained electronic certificate platform (BECP), and the first generation developer of Hyperledger, a key figure in the development of IDV and BDMI.
CTO Guochun Xu was a technician at Unicom. He has accumulated experience in data processing and language processing, and is in charge of product planning and evaluation.
Kun CHEN, CMO, is an expert in marketing and software related to medical data such as Searainbow, Business Engine. He is a key member in the development of the existing Social Medical Insurance 123 and is responsible for carrying out government and industry related procedures.
The Key's strategic partner companies.
NEO is the platform on which The Key's block-chain system is based. Neo's stability and scalability can be a key to The Key's success.
China Unicom is the number one cable operator in China. It has a history of merging China Netcom, has been transformed from a private company to a public company, and is also a roaming support company of SKT. Hong Kong and China are selling together.
Tsinghua Unigroup is an industry-university-affiliated company established in Tsinghua University, one of China's most prestigious universities. The company acquired two Chinese semiconductor companies in 2013 and became the largest semiconductor design company in China. In March 2015, it entered the electronics and online industries by acquiring HP's server and network business in China.
Tembusu partner is a VC company, established in Singapore in 2006, investing in a variety of companies including education, medical, software and technology. We have offices in Shanghai and Qingdao. There is a tendency to invest in technology startups, such as CricHQ's cricket digital platform and online security company Sixscape Communication. In 2014, Bona Film Group announced an $ 100 million funding for the entertainment and media industries.
Ant Financial is a financial subsidiary of Alibaba in China. It is said that it expanded its business from electronic payment to corporate loan, money market fund (MMF), credit rating, insurance and so on. It has become a new giant investment company.
The Key can be viewed as an identity verification system built on Neo. We have already developed an application that provides IDV, and we are introducing a block chain to build a more decentralized system.
We tried to secure efficiency by reducing redundancy of data and to prevent data hacking and data integrity by blocking arbitrary modification of data through block chain, and to give reliance to the problem of managing personal information You can get a glimpse of.
By paying TKY for data provision to the user, we increased the participation factor, and we carry out IDV implementation through Smart Contract.
The Key Team's career is not as spectacular, but it is not short, it has been listed after the development of the actual token, and it is also ICO that partner is expected to have Unicom, Ant Financial, and Tsinghua Unigorup.
But as always pointed out in identity verification, the existence of companies that accept and use these systems is very important. Although Ant Financial is associated with Alibaba, there are people who look forward to it, but I think it's more realistic to use it for Unicom's mobile phone authentication or online identity verification of Tsinghua Unigorup.
Or, as Neo partners partner with Neo DApp projects, it appears that the introduction of The Key's certification to ICO certification or to the services of related companies is needed to increase its future utility.
The most important thing to think about is personal information, which means that administrative procedures will be written quickly in a digitized country, and will the government tolerate this data in the country? I think we can solve this problem and become a successful IDV service.
The release of the resulting BDMI may seem urgent. The key to building The Key Ecosystem is the core of the service, but until then TKY is simply a Crypto Currency.
The Key: https://www.thekey.vip/?utm_source=icodrops#/homePage
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Twitter: https://twitter.com/thekeyvip
Medium: https://medium.com/@thekeyvip
Youtube: https://www.youtube.com/channel/UCDuN2bjI7cAhoIIxJ_nTaCQ
I have analyzed based on white paper and published information. Since there is no information that can be verified, it is recommended that individuals conduct further analysis and proceed with their own discretion.
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