e-KYC - Xenchain the ICO you need to be part of

Hey there, it's Vitalik Chong.

If you are tired of taking selfies and registering non-stop at crypto exchanges just to trade your newly minted ICO tokens, you are going to love this. Each and every time, we log in to a web page, we risk getting our credentials stolen via phishing sites or emails, our wallets hacked or worse our PCs infected with spyware or malware. By simplifying this KYC (Know Your Customer) process, by taking back control of our virtual identity and credentials, we reduce that risks substantially.

I was so excited when Vinny Lingham launched Civic (CVC) token for e-KYC, unfortunately, to date, the Android app only verifies my mobile number and email address. I would have expected that with all that money swooshing around, we would a cool app that does it all.

Well, I found this ICO out of Singapore that is going into the same e-KYC space. They already have an Android app in beta and it's quite simple and cool. It takes back control of your personal credentials and allows you to control how much of your personal data you share for KYC purposes. Think of it as a Facebook type of credential management as when you log in to third party apps with your Facebook login you get to control how much of your identity is shared to those applications. Sounds cool right?

Here's a preview:-

There's more, Xenchain will be working with institutions such as credit bureaus, educational institutions and data owners to authenticate and validate your personal data. By digitizing your credentials online, you can assist in the fight against identity theft and fraud.

Xenchain is now in pre-ICO. Join their Telegram group https://t.me/xenchainio for official announcements.

P.S. I am an early investor in Xenchain. As always, do your own research and don't risk funds you can't afford to lose.