🚀 Dear SelfKey Astronauts,
During the first quarter of 2023, there was a significant increase in the utilization of AI (artificial intelligence) across various industries, including the adoption of ChatGPT as a language model.
While AI may be scary, it has its benefits, including improved efficiency and accuracy. SelfKey recognizes the potential of AI and incorporates it into its innovative decentralized solutions, enhancing security and privacy for individuals.
In today's digital era, having a digital identity has become essential, making it imperative to prioritize the protection of data privacy. Even though these sudden rises in technology may be anxiety-inducing, especially with the increasing use of AI, there are many advantages to this technology.
SelfKey searches for ways to make use of the positive aspects of AI and cutting-edge technology to develop easy, convenient, and user-friendly methods for individuals to manage their digital identities in the online space.
SelfKey is dedicated to providing secure, decentralized solutions that may enable individuals to exercise their self-sovereign identity (SSID) rights. In the recent release of the SelfKey DAO Whitepaper, several important concepts and terms are introduced:
The SelfKey DAO, which is a decentralized autonomous organization that may enable members to mint tokens by actively participating in the governance and maintenance of the DAO.
The KEY and SELF tokens, which may be utilized for services within the SelfKey protocol.
SelfKey iD, a novel online identity verification method that may offer a faster, cost-effective alternative to traditional KYC methods, using AI-powered Proof of Individuality methods.
Overall, in light of the current global crisis surrounding the fall of centralized institutions, SelfKey is committed to developing solutions that prioritize the security of individuals' data while keeping the convenience of centralized systems in mind.
⚡The SelfKey DAO Whitepaper can teach you more about the benefits of decentralized systems.
💡 A Guide to Using SelfKey iD for Digital Identity Verification
Obtaining a SelfKey iD is a smooth and hassle-free process that prioritizes user convenience without compromising security and privacy. The streamlined procedure may ensure that users have access to a secure and private digital identity that they can trust.
Read more → about how SelfKey iD may be used for an easier and more convenient online identity verification, as well as the extra perks it may bring compared to other KYC methods.
🙌 The Benefits of SelfKey iD
KYC may be time-consuming, expensive, and difficult for users, potentially resulting in losing customers and missing business opportunities. SelfKey iD presents a groundbreaking method of identity verification that has the potential to be quicker, more secure, and less expensive compared to conventional KYC methods.
Read more → about the advantages of SelfKey iD, its features and benefits compared to traditional KYC.
📰 $18 billion revenue Western Digital hacked: Multiple systems breached
Data storage company Western Digital has suffered a cyber attack, with an unauthorized third party gaining access to a number of its systems. The attack, which occurred on 26 March, has caused major service outages, with a number of Western Digital’s storage products, including My Cloud, My Cloud Home and SanDisk ibi, experiencing service disruption.
Customers are facing a significant loss of data as a result of the breach. The company is implementing proactive measures to secure its business operations and is currently taking its systems and services offline.
"Success is not final; failure is not fatal: It is the courage to continue that counts." - Winston S. Churchill
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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.
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.
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 purchase of a KEY token is not an investment. KEY tokens should not be bought for speculative reasons. A KEY token does not give any right to profits, and it does not represent any ownership interest. KEY tokens may have value and utility solely within SelfKey.
SELF tokens have no monetary value and are not ascribed any price or conversion ratio by SelfKey and its affiliates. SELF tokens do not confer any right to participate in any profits or revenues or represent any ownership interest. SELF tokens may have value and utility solely within SelfKey.
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.