THEKEY Project Team is now developing an identification verification (IDV) tool with blockchain based dynamic multi-dimension identification (BDMI) by using Personally Identifiable Information (PII) which is exclusively authorized by government authorities. THEKEY is a Decentralized Ecosystem of Identity Verification Tool Using National Big-data and Blockchain.
DIFFERENCES & ADVANTAGES
Three Undisputable Advantages
By leveraging government’s PII and blockchain technology, in addition that the results generated from our IDV is neither denied nor altered, there are 3 undisputable advantages comparing to other existing IDV products:
More reliable results
The supporting data is gathered in real time, is comprehensive, accurate and reliable. The data is also validated in advance by government agencies or other public institutions.
Lower cost
Full use of existing data sources. Avoidance of duplicate work for data collection, processing and authentication.
Better user experience
It is not necessary for individual users to install any application or upload any information.
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