Self-Sovereign Identity for more Freedom and Privacy - SelfKey
5 minutes

SelfKey iD Credential Locking

Determining the authenticity of online individuals can be a challenging task, as there's no guarantee that they are who they claim to be. This uncertainty can result in people unintentionally exposing their personal information to malicious actors who could exploit it to create fabricated or AI-generated digital identities. SelfKey proposes a decentralized solution that may effectively combat data theft and unlawful attempts by cybercriminals to gain access to sensitive systems.
12 May 2023
Biometric authentication by iris scan. SelfKey POI (proof of individuality) Staking is an online identity verification solution which may prevent identity theft and online scam.
SelfKey Protocol is maintained by a DAO of SelfKey iD Holders. Join us and help revolutionize identity management in Web3!


The concept of digital identity has been adopted worldwide as a means for people to present themselves and operate in the online space. 

Whether it’s for work, studying, or simply communicating, individuals are able to engage with one another from any corner of the world. But, because of the elusive nature of the internet, it’s difficult to tell whether an individual is who they claim to be. 

This could make engaging with others in the online space rather challenging, even if they are verified. Users may unintentionally share their private information with bad players who could use them for personal gain. Malicious individuals may get access to services or carry out illegal activities in the victim’s name. 

Even more, identity fraud or fake, AI-generated digital identities could influence polls and the decision-making process of a system. All of this could lead to devastating consequences for those whose digital identity has been compromised. 

To prevent this, SelfKey proposes the following online identity verification solutions: SelfKey iD and Credential Locking, or proof of humanity locking

SelfKey iD is an innovative online identity verification method which may provide several benefits compared to traditional KYC checks. The process may be less costly, safer and more secure, so that every individual can benefit from its advantages.

This article will be focusing on how SelfKey iD and credential locking may provide a more accessible means for individuals to authenticate themselves online from all over the world. Through this method, and with privacy and security in mind, SelfKey is aiming to contribute to the development of a safer, decentralized future. 


  • The Importance of Digital Identity Security
  • SelfKey’s Proposed Online Identity Verification Solutions
  • SelfKey iD and Credential Locking: How it works
  • The Benefits of SelfKey iD and Credential Locking
  • Conclusions 

The Importance of Digital Identity Security

Why the safety of digital identity is crucial

Similar to our physical identities, our digital identities encompass all the information that describe us as individuals, such as: name, birth dates, full addresses, social security numbers, personally identifiable information (PII), or personal health information (PHI). 

Nowadays, digital identities have become an integral part of our lives. From social media accounts to online banking, we rely on digital identities to conduct our daily activities. Thanks to the speed and efficiency of the internet, we are able to do these activities at a much faster pace. 

However, with the convenience of digital identities comes the risk of identity theft, which can have severe consequences for individuals and organizations alike. Digital identities can be compromised at any moment, either by: 

  • cyberattacks which lead to data breaches, or
  • accidentally clicking on a link messaged by a friend or family.

Browsing the internet from the comfort of our own homes may give us the illusion of safety. However, the theft of our digital identities is as alarming as having our physical wallets, with all of our personal documents inside, stolen.

Let us explore some of the negative impacts identity theft can leave us with.

The consequences of identity theft

Identity theft occurs when someone steals another person's personal information, such as their name, address, social security number, or financial details, with the intention of using it for fraudulent purposes. 

The consequences of identity theft can be devastating for the victim, including financial losses, damaged credit scores, and reputational harm.

Moreover, bad players can use stolen digital identities for a wide range of criminal activities. For instance: accessing sensitive information, opening fraudulent bank accounts, and committing tax fraud. These activities can have severe outcomes for the victim and even lead to legal consequences for the perpetrator.

The dangers of sharing private information online

Sharing private information with unknown individuals is also a significant danger when it comes to digital identities. 

Cybercriminals often use social engineering tactics to trick individuals into sharing their personal information. Some methods include phishing emails or fake websites. Once they obtain this information, they can use it to commit identity theft or other fraudulent activities.

This leads us to a serious concern that individuals all around the world are facing nowadays: a lack of proper security measures

What can be done, then?

Identity theft and fraud are becoming more common in the digital world, and many individuals struggle to confidently operate online. 

Despite privacy and security being fundamental human rights, most centralized systems still lack adequate security measures. Ideally, a decentralized environment where individuals can exercise their Self Sovereign Identity rights would help prevent data theft. By giving individuals ownership of their private information, cyberattacks would be less likely to succeed.

Given this, SelfKey recognizes the importance of developing decentralized solutions that may allow individuals to operate safely in the digital world. Below, we will thoroughly touch upon SelfKey’s proposed solutions.

SelfKey’s Proposed Online Identity Verification Solutions

SelfKey iD is an innovative and cost-effective online identity verification method designed to be more accessible than traditional KYC checks. The lack of recurring fees makes it accessible to every individual who wishes to authenticate themselves online. 

SelfKey iD uses the power of artificial intelligence (AI) in its online verification process, providing an extra layer of security. In addition to AI-powered verification, SelfKey iD offers credential locking as a possible solution that may prevent identity fraud and access by fake, AI-generated digital identities. 

All in all, with its focus on security, accessibility, and innovation, SelfKey iD may become a leading solution for online identity verification.

SelfKey iD and Credential Locking: How it works

SelfKey aims to develop a simple and quick online identity verification method. That is why SelfKey ID is meant to be not only cost-effective, but also user-friendly. This way, individuals may find it more accessible and easy to use.

Credential Locking, or proof of humanity, is a digital identity verification method used to establish that an individual is unique and real. It is used as part of the online identity verification process to confirm that an individual is not a bot, a fake account, or an identity thief.

The process

In the context of SelfKey iD, Credential Locking may be used as an additional security measure for online identity verification. The following steps may be required:

  1. Users must provide a selfie during the initial KYC process. 
  2. To access SelfKey services, users are required to go through additional selfie checks. Their selfies will be compared to the original one taken during the KYC process. 
  3. If the selfies match, users will be granted a credential that can be locked with KEY. This verification process ensures that users' identities are authenticated and that they have a secure digital identity

By locking KEY on their credential, users contribute to the security of the SelfKey ecosystem. 

How will this provide security on the web?

SelfKey's Credential Locking method may not only provide a secure identity verification process but it may also offer several additional benefits to users. For instance:

  • By locking their credentials, users may access exclusive features and services within the SelfKey ecosystem. This means that users who have locked their credentials may have a higher level of trust and reputation within the network. This may allow them to benefit from additional functionalities that are not available to all users.
  • Moreover, locking credentials may also allow users to accrue SELF tokens as a sign of their reputation within the SelfKey ecosystem. Users can mint SELF tokens only if they can prove their identity by providing a matching selfie during the verification process. This will maintain the security of users’ digital identity and ensure that the SelfKey ecosystem remains robust and secure.
  • Furthermore, users can only withdraw their original KEY tokens if they can provide a matching selfie during the withdrawal process. This may provide an additional layer of security and ensure that unauthorized users cannot access a user's tokens. 

Why provide selfies?

The purpose of providing selfies for the actions stated above is to ensure the users’ digital safety by verifying that they truly are who they claim to be. KEY and SELF tokens can thus be withdrawn or minted only after the user will have been able to successfully verify their identity

The goal is to create a system in which users won’t have to worry about identity thieves or fake, AI-generated images being used to compromise their digital assets. By providing selfies, users may ensure that their accounts are secure and their privacy is not violated. SelfKey’s AI-powered proof of individuality method may be the ideal solution in achieving this goal. 

The Credential Locking method, therefore, may provide a secure and reliable system for identity verification, which benefits both users and the SelfKey ecosystem as a whole. By locking their credentials, users may:

  • protect their digital identity.
  • access exclusive features.
  • contribute to the security of the SelfKey network.

The part AI plays

To enhance security in its online identity verification solutions, SelfKey uses AI-Powered Proof of Individuality to facilitate the selfie matching process. 

AI may prove to be particularly advantageous in this context, as its precision allows for the detection of several crucial factors:

  • an individual's liveness.
  • identity forgery.
  • fake, AI-generated images.

This ensures that the identity verification process is secure and reliable. And that's because AI technology is capable of detecting any fraudulent attempts to game the system. Additionally, it can make sure that the selfies provided during the verification process are authentic

By using AI-Powered Proof of Individuality, SelfKey may be able to provide a trustworthy and robust system for digital identity verification, which is critical in today's digital world.

The Benefits of SelfKey iD Credential Locking

As stated above, digital identities have become a target for malicious players that seek to exploit others for personal gain. And, with the weak security in some centralized systems, it’s crucial that we look for alternatives. 

Given this, SelfKey's credential locking method may provide a robust, reliable, and decentralized method for identity verification. It may offer the level of security and privacy that is critical in today’s digital world. Individuals may benefit from peace of mind and ensure that their digital identities are protected from fraudulent activities.

Even more, unlawful access to one’s personal accounts may become very challenging due to the extra layer of protection added by AI. Simply providing a true, authentic selfie can achieve all of this.


The rise of data breaches and identity theft has highlighted the need for a trustless and secure environment for online interactions. Individuals need to have confidence in the systems they use to protect their personal information to ensure the security of their digital identities. 

Unfortunately, centralized systems may fail to provide proper security measures, which often lead to data breaches involving identity theft.

With the use of SelfKey iD Credential Locking, a much safer network may be available in the future. By locking their credentials, users may prevent identity theft and fraud. Not only that, but they may gain access to exclusive features and services within the SelfKey ecosystem. 

SelfKey's goal is to develop a secure and trustless environment for online interactions. And that is highly important nowadays, as we become more and more accustomed to operating in the digital world.

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We believe the information is correct as of the date stated, but we cannot guarantee its accuracy or completeness. We reserve the right not to update or modify it in the future. Please verify all information independently.

We use the "KYC" term here for general information purposes, without reference to particular legislation. Please check the laws relevant to you and contact us for the details. The term "staking" is used solely as it is described here and does not mean any investment or similar activities.

SELF and KEY tokens, SBTs, and NFTs associated with the SelfKey ecosystem have no monetary value or utility outside of the SelfKey ecosystem, are not ascribed any price or conversion ratio by SelfKey and its affiliates, and do not represent ownership interests or confer any rights to profits or revenues. These tokens should not be purchased for speculative reasons or considered investments. 

By engaging with SelfKey, you acknowledge and agree to the applicable terms and any associated risks. We recommend consulting with legal and financial professionals before participating in the SelfKey ecosystem and related transactions.

This communication is for informational purposes only. It is not legal or investment advice or service. We do not intend to offer, solicit, or recommend investment advisory services or buy, sell, or hold digital assets. We do not solicit or offer to buy or sell any financial instrument. 

This document may contain statements regarding future events based on current expectations. However, some risks and uncertainties could cause results to differ. The views expressed here were based on the information that may change if new information becomes available.

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