SelfKey (KEY) is a blockchain-based project designed to give individuals and businesses full control over their digital identities. Founded by Edmund Lowell and officially launched in 201a8, it is part of a growing movement toward decentralized identity management.
Built on the Ethereum network, SelfKey provides a secure and private way for users to manage personal data, verify documents, and access financial or legal services without depending on centralized authorities.
At the core of the ecosystem is the SelfKey Identity Wallet, which allows users to store and manage identity documents directly on their devices. This approach ensures that individuals can decide what information to share and with whom, helping reduce the risks of data breaches and identity theft.
The KEY token serves as the utility token within the SelfKey ecosystem. It is used for identity verification, accessing digital services, and interacting with the SelfKey Marketplace, where verified providers offer company incorporation, bank account setup, and other regulated solutions.
By combining privacy, transparency, and user empowerment, SelfKey aims to redefine how digital identity works. Instead of relying on traditional institutions to safeguard sensitive information, it envisions a future where every individual truly owns and controls their personal data.