SelfKey Progress Report for February

Here is the second Voyage Report of the year. February was another incredibly busy and productive month with lots of progress being made on the Mobile Wallet, new partnerships and much more.
03 Mar 2020

Every month we provide a detailed Voyage Report designed to show our community what we’ve been working on and how important projects are developing. February was an incredibly productive month for the SelfKey team, as our R&D finished a vital paper outlining the future vision of our project, and the quality assurance team began intensive testing of the upcoming Mobile Wallet. Let’s dive in!

Take your tokens anywhere - The SelfKey Mobile Wallet

Over the last few months the SelfKey product and development teams have been working tirelessly to build and launch the SelfKey Mobile Wallet. In its first iteration the Wallet will focus on transactions and token management. 

Just like the Desktop Wallet, you will be able to send and receive ERC20 tokens, including KEY and any custom tokens using this standard. The dashboard will provide an easy overview of your entire token portfolio allowing you to quickly ascertain its constellation and value. 



As the Mobile Wallet matures we aim to add additional functionality, enabling users to manage not only their tokens but also their identity documents as well access the Marketplaces. 

Naturally you will be able to import your Desktop Wallet onto your mobile device, so you can manage your tokens on from anywhere.

Mobile Wallet Mockup

The SelfKey Identity Wallet is a free identity solution for Windows, Linux and Mac. Get yours today!

R&D Update

In our Newsletters we often talk about the product and development teams at SelfKey. In the background however, we also have an R&D team which works tirelessly to identify meaningful innovations and harness them for the good of our community. It is thanks to their work for example, that SelfKey became one of the first organizations to have its own DID method

With the new decade upon us the R&D team has put together a detailed paper updating parts of the original whitepaper and laying out our vision for the future. 

Coming in at over 30 pages, we will be initially releasing it chapter by chapter on the blog, and will subsequently make the paper available for download as a PDF later.

This update is the culmination of countless hours of work from the R&D team and we're delighted to be able to offer you - our community - more transparency as to the potential and vision of SelfKey.

The first chapter, which is already available on the blog, provides a great overview of identity management in 2020. Future updates will cover our vision for the Corporate Wallet, dispute resolutions and even a verifiable data marketplace - among other fascinating topics.

As part of the SelfKey community we would be delighted to get your feedback via Twitter and Telegram, and of course you can add your own ideas in our designated ideas portal.


SelfKey’s upcoming Cryptocurrency Exchange Marketplace continues to grow as Mine Digital joins

We’re excited to announce a new addition to the upcoming SelfKey Cryptocurrency Exchange Marketplace – Mine Digital.

The Mine Digital exchange allows users to trade crypto and fiat currency pairings on a state-of-the-art platform, with low fixed fees and insured custody for added security. The exchange features the top 5 cryptocurrencies (Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash), and offers trading in AUD, USD and USDT.

Read the full announcement here.

Digital asset exchange with over 1 million users, Bitpanda, to join upcoming SelfKey Cryptocurrency Exchange Marketplace

 We’re excited to announce a new addition to the upcoming SelfKey Cryptocurrency Exchange Marketplace – Bitpanda. Based in Austria, Bitpanda is a fintech platform that offers a number of services including the Bitpanda Global Exchange. Bitpanda is all about ease of use and their goal is to make buying and selling digital assets as easy as ordering takeout.

Bitpanda will be a part of the upcoming Cryptocurrency Exchange Marketplace. SelfKey Wallet users will be able to compare exchange accounts and instantly sign up for a verified account without waiting for limits from within the SelfKey Wallet. The Cryptocurrency Exchange Marketplace will include data on supported countries, fiat currencies, trading pairs, fees, and more.

Read the full announcement here.

Innovative crypto platform iLexExchange now listing KEY/BTC trading pair

SelfKey’s native utility token KEY is now listed on the cryptocurrency exchange iLexExchange. The groundbreaking Estonian platform aims to redefine how digital assets are traded around the world.

iLexExchange enables customers to trade both cryptocurrencies and fiat currency. However, they are far more than a standard exchange, offering sophisticated functionality like margin trading, cryptocurrency settlement solutions, e-wallets, and more.

Read the full announcement here.

Fresh content

Where to Buy the SelfKey Token (KEY)

SelfKey’s native utility token, KEY, stands at the core of the SelfKey ecosystem. The KEY token is needed for using the SelfKey Marketplaces, which offer unique services to the community. Through the SelfKey Marketplaces you can explore offshore banking options, open a business overseas, and more.

KEY is crucial for the long-term success of SelfKey’s mission and its users. Check out the full list of where to get KEY here

Your Guide to Offshore Banking

When most people hear the phrase “offshore banking”, they think of billionaires and politicians. However, when you look at the facts, not only is offshore banking incredibly accessible, it also has a large number of benefits.

Offshore banking can help you make the most of your money. Additionally, the technology has developed so that you can even open your offshore account completely online. Read more about how to get started here.

A Comprehensive List of Cryptocurrency Exchange Hacks

Hacks and data breaches happen on an almost daily basis. Cryptocurrency exchange hacks are particularly damaging because they typically affect thousands of users and involve the loss of funds. We provide an updated list of all major cryptocurrency exchange hacks which you can read here.

Identity Management in 2019 – An Alarming Year for Our Data

The past year was bad for our data. On one hand, over 7.9 billion records were exposed in data breaches and the number keeps going up. On the other, we've seen a staggering malaise surrounding the topic in the mainstream. 

In order to shine a light on this crucial topic and help wake people up to the importance of their online safety, we've been tracking all significant data breaches since 2019. Read all about it here.

That’s all for this month. Thanks for reading and speak to you on Telegram.

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