Verif-y, Blockchain-based Identity Platform Announces Token Sale
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Verif-y, Blockchain-based Identity Platform Announces Token Sale

THELOGICALINDIAN - Verify Inc the character and credential analysis belvedere has appear the barrage of its badge presale followed by a crowdsale on October 5th

[Note: This is a columnist release.]

Strong and reliable agenda character is capital for all-around agenda blockchain economies to thrive. To accommodated fast-growing identification demand, Verif-y is establishing a blockchain-based, agenda character band-aid band to its absolute credential and appliance analysis platform. The belvedere is already commercially available, but with the appliance of blockchain, it aims to advance the aegis of Personally Identifiable Information (“PII”) which in today’s apple is key to our identity.

Verif-y gives users the ability to own, administer and acquaint their agenda identities and absolute credentials. It provides a trusted interface to those requesting PII abstracts whilst handing ascendancy aback to the user.

The Verif-y belvedere employs accelerating Defense-in-Depth alignment to abutment and defended end-to-end validation of education, employment, license, acceptance and associates accreditation and the consistent agenda identity.

The backbone of the agenda character generated by Verif-y’s action is powerful, accustomed that the character is generated in an amoebic address – comprised of different anecdotic data, stored on the blockchain and consistent in a new archetype for deeply autumn and accessing PII. This new agenda character can again be activated for identification purposes alfresco of the application and educational markets, such as online login authentication, academic identifications (IDs), concrete admission and abounding added applications.

The belvedere leverages the Ethereum blockchain to barter accreditation and identification amid individuals and organizations. Verif-y’s app-token (VFY) facilitates in-service purchases on the belvedere (utilizing acute contracts), acceptance organizations to administer their employees/students/members, and users to accept their claimed accreditation absolute and broadcast via the app.

Verif-y’s app and acknowledging belvedere accept been alive back April 2017 and accessible for download on iOS and Android devices. The cardinal of organizations currently acceptance PII on Verif-y’s belvedere is growing and they accept the befalling to monetize accord in the ecosystem by uploading absolute users assimilate the platform. Verif-y brings amount and efficiencies to all parties who participate in the ecosystem: educators, employers, credential providers, licensors, affiliate organizations, affidavit providers and lastly, but not least, the users.

Ed Zabar, Founder and CEO of Verif-y, Inc explains:

As character is one of the pillars of a acknowledged and all-over blockchain accomplishing in abounding industries, Verif-y’s awful able-bodied and differentiated character band-aid can become an capital allotment of this global, axiological transformation.

The VFY badge presale is now open. To booty allotment or for added advice on Verif-y amuse appointment the website https://www.verif-y.io/.

Press Contact Email Address: [email protected].

Images address of Verif-y, Inc.