August 21, 2019 – SelfKey, the leading identity management platform, has established a comprehensive partnership with the crypto to fiat exchange Bitlocus.
Bitlocus is a state-of-the-art on and off-ramp for the cryptocurrency space. Users receive a crypto-tolerant IBAN that enables secure trading from within Europe.
With this in mind, Bitlocus will list a KEY/EUR trading pair, providing simple token to EURO conversions to its growing user base. As the SelfKey ecosystem grows and the Bank Accounts Marketplace gets ready to launch, the availability of KEY is crucial to the long-term success of our mission. KEY can already be used to open a business abroad from within the SelfKey Wallet and other services will be added to the Marketplace soon.
In fact, as part of the partnership, Bitlocus will be listed in SelfKey’s upcoming Cryptocurrency Exchange Marketplace, allowing users to sign up and log in from within the Wallet. The information from the SelfKey ID is passed through the API to Bitlocus, significantly speeding up the KYC/registration process.
A similar experience will also be provided by the integration of the SelfKey Extension. This will be displayed as a button on the login page. Users with a completed SelfKey ID will be able to click the button and effectively register with Bitlocus instantly.
Bitlocus CBD, Artūras Bobinas, said of the partnership: “We’re happy to finally launch KEY/EUR market on Bitlocus. This listing provides SelfKey with their first fiat market that will hopefully bring in more traders, investors and community members. We support the project’s idea and consider it matches our exchange’s approach on compliance well. I’m sure this cooperation will also benefit Bitlocus with new clients from SelfKey community.”
SelfKey’s Visionary Edmund Lowell said: “This is an important step for SelfKey. Bitlocus provides an innovative service and we are delighted that they will be joining the SelfKey Marketplace and becoming an important part of the SelfKey ecosystem.”
SelfKey is a leading identity management system that aims to return ownership over personal data back to the individual. To achieve this, SelfKey is building a rich identity ecosystem comprising the SelfKey Wallet and the growing Marketplace .
For more information about SelfKey and their mission, visit https://selfkey.org/
Bitlocus is a global crypto-to-fiat exchange seeking to make fiat markets available for crypto projects and provide them with custom solutions. You can get your Bitlocus account verified in just under 15 minutes here: https://app.bitlocus.com/register