Self-Sovereign Identity for more Freedom and Privacy - SelfKey
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Data breaches put millions at risk: Could SelfKey be the Solution?

Recent data breaches in Yum! Brands, Kodi, and even TikTok proves that not only high-tech companies and powerful institutions are targeted by bad players online. So we have to ask ourselves: how long until we find ourselves in the position of data breach victims? SelfKey is up to date with these devastating events, and aims […]
14 Apr 2023
SelfKey

🚀 Dear SelfKey Astronauts, 

The recent data breaches in Yum! Brands🍕, TikTok, and Kodi have highlighted that cyberattacks are not limited to high-tech companies or powerful institutions. Data breaches occur daily, putting individuals at risk of losing valuable personal data with potentially dire consequences.

SelfKey is up to date with these privacy violations and is committed to utilizing the power of artificial intelligence (AI)  in decentralized solutions that may empower individuals to safeguard their private information.

Yum!Brands like KFC, TacoBell, and PizzaHut announced a data breach which divulged an unannounced number of employees' valuable data, such as names and drivers licenses. Even worse, TikTok’s data breach caused children’s personal data to be put at risk. And over 400,000 members of the Kodi forum have had their private conversations, emails, and passwords exposed after another recent cyberattack.

Data leakages occur on a daily basis at a global scale, posing a significant threat to the security of our valuable information. However, with the rapid evolution of AI, there is hope that these devastating events can be prevented. It's important to note that AI itself is not inherently malicious; it's how people utilize it that can make it extremely good or dangerously bad. 

SelfKey uses the power of AI in its identity verification process to ensure the authenticity of members and to potentially create a safe environment for online interactions. Along with AI, SelfKey also uses Zero-Knowledge (ZK) filters to develop decentralized methods which may prevent data breaches in the future.

Not only that, but AI can fight against malicious AI to prevent identity theft or to detect fake, AI-generated identities. If used for good purposes, AI can be a highly valuable asset in securing our private information online, along with decentralized systems.

⚡The SelfKey DAO Whitepaper can teach you more about the benefits of decentralized systems.

Featured article:

🚀 The Future of NFTs: SelfKey's Customizable Collectibles

In today's digital age, protecting our online privacy has become vital. While minimizing the exposure of personal data is essential, completely hiding ourselves is not the answer. SelfKey aims to develop a decentralized approach that may allow individuals to express their unique identities while safeguarding their private information.

Read more → about SelfKey’s Customizable NFTs, and how you can obtain and mint them.

In case you missed it:

💡 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.

Crypto News

📰 Amazon jumps into the generative A.I. race with new cloud service and its own large language models

Amazon is introducing Bedrock, a cloud service that allows developers to enhance their software with AI-generated text, similar to the technology behind Microsoft-backed startup OpenAI's ChatGPT chatbot. 

Amazon's Bedrock will offer access to its own language models called Titan, as well as models from startups AI21 and Anthropic (backed by Google), and Stability AI. The move puts Amazon in competition with Google and Microsoft, who have also begun offering large language models to developers. 

Read more → 

Quote of the week

"Setting goals is the first step in turning the invisible into the visible." - Tony Robbins

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Stay tuned for more information on SelfKey's development towards a better future for all.

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Note:

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.

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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