MYID Coin is a project to create the world’s first ”tagging/wrapping” technology to eliminate risks from loss or theft.
Identity is integral to a functioning society and economy. Having a proper way to identify ourselves and our possessions enables us to create thriving societies and global markets. At its most basic level, identity is a collection of claims about a person, place or thing. For people, this usually consists of first and last name, date of birth, nationality, and some form of a national identifier such as passport number, social security number (SSN), driving license, etc. These data points are issued by centralized entities (governments) and are stored in centralized databases (central government servers).
Citizens with officially recognized forms of identification continue to lack complete ownership and control over their identities. They have a fragmented online identification experience and unknowingly lose the value that their data generates. Companies holding their data are subjected to frequent hacks, which forces a lifetime of fraud mitigation for the end-user. Once a social security number is issued and lost, there is little to no recourse.
A digital identity arises organically from the use of personal information on the web and from the shadow data created by the individual’s actions online. A digital identity may be a pseudonymous profile linked to the device’s IP address, for example, a randomly-generated unique ID. Data points that can help form a digital identity include usernames and passwords, drivers license number, online purchasing history, date of birth, online search activities, medical history, etc. Biometrics, Behavioral, Biographic are the modals that make up a person’s identity.
Blockchain technology allows for users to create and manage digital identities through the combination of the following components:
- Decentralized identifiers
- Identity management
- Embedded encryption
MYID Coin is a project to create the world’s first “tagging/wrapping” technology to eliminate risks from loss or theft. MY IDENTITY Coin is part of “The Money Project” used to code OkGlobal Coins with each owners identifying information.
MYID Coins are currently an ethereum erc20 token but will migrate to its own unique block due to the functionality limits of ethereum. The project choose ethereum to launch the MYID Coin ICO to ensure compatibility with trading platforms and ease of access for the general public to participate in the ICO offering. After migrating to its own unique blockchain, will be operating in an algorithmic mesh with OkGlobal Coin and may be used for other blockchain assets.
Featured Coins
OKGLOBAL SECURITY COIN (OKGSG)
Compliant securities coin only for accredited and qualified investors. Capped risk investment.
OKGSG*TRC21
Contract Address:
0x37c8c4fd1434de2d50be39079c14070172a3838f
MY IDENTITY COIN (MYID)
Open to everyone!
Utility coin for tagging identity to blockchain packets. Immediate liquidity on Uniswap Exchange!
MYID*ERC20
Contract Address:
0xbee571a0a8599ada125e1a33e56287c3c594a5e2
SWITCH STABLE COIN
Stable coin 1:1 backed and redeemable at our international service centers or various exchanges.
MYID coins are 100% utility coins. Therefore there are no promises made to owners of MYID Coins. Investors in MYID Coin should understand that investments made into utility coins are not guaranteed and investors face the risk of losing all their investment. Utility coins are inherently a high risk investment and therefore all investors should weigh their risks when investing and do their own research prior to making any investment.
Each coin serves a different vital operative role as either an investment vehicle(OkGlobal Securities Coin), a utility for functional usage other than for investment purposes(MY IDENTITY Utilities Coin) and lastly as a stable hedge against price volatility and backed by an assurance of secured value(SWITCH Stable Coin).
Creation of Coin which will have a flash transformation to the fiat of vendors decision or held in OKGlobal crypto coin account exchange made to vary various coins over to fiat and therefore the other way around. Various coins are often utilized however with higher transformation fees. All OKGlobal people group members’ possessions should be in fiat or OKGlobal coin. OKGlobal Community administration focuses are going to be open for member administrations.
TOP EXCHANGE LISTINGS AFTER ICO.
MYID coins are 100% utility coins. Therefore there are no promises made to owners of MYID Coins. Investors in MYID Coin should understand that investments made into utility coins are not guaranteed and investors face the risk of losing all their investment. Utility coins are inherently a high risk investment and therefore all investors should weigh their risks when investing and do their own research prior to making any investment.
For more information please visit links below :
Website: https://okglobalcoinsg.com/
Twitter: https://twitter.com/MyIdentityCoin
Facebook: https://www.facebook.com/Myidentitycoin-105559404747595
Telegram: https://t.me/myidentitycoin
Discord: https://discord.gg/JRMSdh6GFp
ANN post: https://bitcointalk.org/index.php?topic=5299156.0
OkGlobal #MyIdentityCoin #blockchain #cryptocurrency #technology #bitcoin #money #crypto #ethereum #cryptocurrencies #fintech #ICO #innitialcoinoffering
Author :
Weng_saboh
https://bitcointalk.org/index.php?action=profile;u=1237516
0x2b96C60E7B473d9697bc441162F0e6582fC6d1dd
