For The Most Secure Cryptocurrency Trading and Fastest Transactions
Coinnup PRE-ICO Sale has already begun (on 23rd April, 2018) and we are now, all the more, flooded with queries from our followers, Blockchain enthusiasts and investors alike, who have been getting ever more inquisitive about Coinnup’s Blockchain powered components.
As I am writing this blog, major Coinnup components including Coinnup Wallet, Smart Exchange, Fiat Central and its upcoming POS network have already gained cognizance amongst our huge ardent followers and crypto lovers. However, in this piece of content I would like to lay special emphasis on the high-level strength and security that enfolds all Coinnup components via one key, namely the cKEY.
The centralized database system in the past has led to several failures and monopolies in the fraternity of ID database storage and security. Coinnup is all set to break through the age-old online conundrum of greater reliance on social moderators and credit agencies for identity checks.
Solving identity crisis is the first step towards successful trading and reliable business transactions. Coinnup intends to provide its users true control over their identity with 2FA verification involving Authy, Google Authenticator, SMS and Voice authentication. The feature also fully abides by regulatory compliance requirements including Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols. The User ID verification process is simple and the user runs through an authorization check once the user uploads his/her picture and front plus the back of the state ID card.
On the other hand, the cKEY is one of the core features of Coinnup ID Central. As the name suggests, this ID Central component on Coinnup offers verification of user identity on the Blockchain platform.
The Coinnup cKEY is the most secure Blockchain technology, designed to assuage the complexity involved with long password and time taking authentication.
Coinnup’s cKEY is extremely well designed and works as a gatekeeper while accessing multiple Coinnup components. –
i. Wallet restore from one device to another will require the complete cKEY Code.
ii. Transaction authorization on the Fiat Central can be performed using the last four cKEY digits. Also, the cKEY is prime essential whenever a user would be increasing his/her withdrawal limits on Fiat Central.
iii. Both email code and the last six digits of cKEY are required during user account password reset.
iv. Once the cKEY authorization is turned active under security settings, Smart Exchange transactions can be authorized with the last four cKEY digits.
v. To activate, deactivate or block the Coinnup debit card, a user will have to type in the last six digits of the Coinnup cKEY.
Coinnup will also issue cKEY hardcopy card to entitle fulfilled ownership to its users. As a special mention, Coinnup wallet that handles multiple cryptocurrencies, and auto-syncs with Coinnup Smart Exchange component, has been integrated with cKEY feature for secure, quick yet extremely secure day-to-day transactions.
-To learn more about Coinnup Components visit our ICO page here — https://ico.coinnup.com
-To learn about the cKEY and other components in details download Coinnup Whitepaper — https://ico.coinnup.com/whitepaper
-To speak to the author directly send your queries to — rachna@coinnup.com
-To get daily Coinnup updates please follow — https://www.linkedin.com/company/coinnup/
