New platform named Verif-y provides great credentials for identity verification functionality. Identity verification will be appropriate for education, workplace, certificates, and licensing documents. Inside the Verif-y platform, it will allow its customers to store and manage their verified identity.
The social background of the project as we all know is that we live in an open social network. However most of our individual personal and professional information data is sold to third party companies without the knowledge of owner data.
With market opportunities, in the digital age, society needs to be simpler, an effective method of verifying credentials. In all companies, governments, institutions, educational institutions, and organizations have their tax rules and reports. And all those requirements need to be verified pII employees.
The problem is, verification of credentials we've known is still using old methods like phone calls, email, fax, or even physical delivery documents. All methods will make possible increased errors, or even false verification as a result, while the verification industry is not raised or innovated.
For decades, industry verification credentials and employment have tried to address them. But because it is centered, usually as an institutional client and not an individual user.
On the other hand, there are also issues to be solved on how to avoid identity fraud. By using Verif-y, it is able to eliminate cheats and fake credentials as they will be identified, and will not be allowed. As a result, the platform will be able to reduce and possibly completely eliminate the time required for expensive credential verification and background checks.
With blockchain technology, the Verif-y platform uses the advantage of creating powerful identity verification functions. Because the platform is blockchain based, Verif-y aims to reduce costs, be effective in the process, safe, and unchanged.
Example of a Smart contract
To access the platform, users only need to access the platform by the main site and mobile application. Once the user gets their invitation into the platform and completes the registration process, the platform will run a series of algorithms as the identity validation layer to authenticate PII users. The platform will encrypt the user's device with a private key.
With Verif-y blocking service, the user credentials on the blockchain will be calculated by a hash of PII credentials, then record the authentication of the blockchain. To process the transaction here, will be provided application Verif-y users. When users add their recordings to their profiles, they will be able to make payments with the necessary app token and connect to the service.
DISTRIBUSI TOKEN
25% token is used for marketing, adoption and promotion
35% token will be saved and in use in the future. >>
of the percentage of tokens 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
The crowd will start on 5 October 2017 17:00 UTC.
- Pre-sale will start on September 14, 2017, 17:00 UTC.
- The crowd will start on 5th October 2017, 17:00 UTC.
Token and Bonus
- Early Bird bonus: 20% - 30% depending on size
- Max token total supply; 3,000,000,000 VFY
- Max tokens are sold via pre-sale and crowdsale; 1,000,000,000,000 VFY
Team
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 : information@verif-y.io
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
My Bitcointalk [Arumi.Bilqis] : https://bitcointalk.org/index.php?action=profile;u=965668
My ETH Address : 0x78A118ED0556B119ccafe86089a292A048234E79
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