Blockchain based Powerful Verif-y

Oktober 02, 2018

The Verif-y platform operates on a pile of technologies designed and designed to take advantage of the attributes of blockchain, and is built to operate safely and intuitively. The Verif-y platform supports two types of PII, Identity Verification ("IDV") and Credentials and Employment ("C & EV") data. When users and organizations are introduced to the Verif-y platform, they are given a Personal Identity Verification ("PIV") or Organizational Identity Verification ("OIV"), which evolves as more records and other identifying methodologies are associated with their identities. .

Verif-y is happy to introduce VFY, the only sign that gives the power of a trusted identity
built from verified credentials in blockchain.

VFY will be available through pre-sale token scheduled on September 14, 2017 and the crowd is open to the public The crowd opened on 5 October 2017 17:00 UTC
and closed on 30 October 2017 17:00 UTC.

How does Verif-y work?
The Verif-y platform receives uploads of verified credentials from award-winning agencies and places them in the appropriate user warehouse. Users control who can see their verified credentials and determine which parts of the repository will be available.

Why use Verif-y?
Verif-y gives individuals a competitive advantage in the job market, as users can provide their independently verified credentials and job histories directly to the applicant's credentials, instantly and securely.

VERIF-Y APP - PROFILE EXAMPLE

IDENTITY REQUIREMENTS The purpose of Verif-y is to give its users the power to own, manage and communicate their digital identity and verified credentials and provide entities an interface and a trust layer to provide and request PII data. Importantly, with Verif-y, all PII communications are set exclusively by users, something not available until now.

VERIF-Y PROTECTING INDIVIDUAL DATA 'The Verif-y platform uses the Defense-in-Depth Next Generation methodology to support and ensure industry's first end-to-end validation of the certification of education, employment, licensing, certification and membership as well as digitally generated. identity. The power of digital identity generated by the high Verif-y process, given the identity it generates organically - consists of unique identification data, stored in blockchain and generates a new paradigm for securely storing and accessing PII. This new digital identity can then be used for purposes of identification outside the labor and education markets, such as online login authentication, formal identification (ID), physical access and many more applications.

The Verif-y app and its support platform have been running since April 2017 and are available for download on iOS and Android devices.

Because identity is one of the cornerstones of successful and ubiquitous blockchain implementation in many industries, the very strong and differentiated Verif-y identity solution can be an important part of this fundamental global transformation.

Examples of Smart contracts

1. A user selects the recording they want to share from their profile.

2 Smart contracts or fulfill stock requests through the secure, off-chain Verif-y API, which sends requests to the web API.

3. The Verif-y platform provides a secure interface for third-party recipients of the shared notes to send Verif-y payment apps before viewing the shared recordings.

4. After payment, the third party securely accesses the shared notes.

5. The platform then notifies the user that the third party has seen the distribution, and the percentage of the service charge is forwarded to the user's token wallet. The contract is then closed.

Idea

The idea is innovative for the crypto world. This product is in great demand by the market. The successful implementation of the ETH token will create a revolution in crypto and the traditional economy.

Token Distribution

40% Tokens are available in Token sales

25% of tokens to be used for marketing, adoption and promotion

35% Token will be booked for future use

20% will be available now

40% will be locked for 12 months

40% will be locked for 24 months

Each bonus token will be removed from the company's backup.

TEAM
Verif-y management has collective experience for decades.

Team members have launched and run some startup technologies.
• The expertise of the financial industry, among others: investment banking, venture capital, fund management, high frequency
trading.
• International management and operations expertise include: UK, Israel, China, Singapore and MENA
region.
• Legal and management skills in some Fortune 500 companies.

Team members include: