VerifyUnion — Distributed Digital Identity Platform

Charles Cheney
3 min readNov 3, 2017

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About VerifyUnion
- Name: VerifyUnion
- areas: digital identity platforms
- Token name: UCN
- Introduction: VerifyUnion is a decentralized platform / social network that uses credit scoring engine for digital identity verification and identification. VerifyUnoin minimizes the risk of identity fraud and removes fake users to create a portfolio of truly valuable users. The main goal is to eliminate the identity fraud of the digital world.

Why Need?

One of the biggest problems in the digital world is identity theft and identity fraud. As the proportion of busy communication on the Internet grows, the need for strong and secure digital identification has grown.

VerifyUnion is a digital identification platform that can solve these identity theft and identity fraud issues using block chaining technology.

VerifyUnion Platform

VerifyUnion ecosystem

users
1. Users can control shared data about personal and social identities.
2. Can use tokens during validation

Evaluator
1. You can verify your identity and receive reward tokens.
2. Use the system to update the validation price.

Common
1. Individuals, governments, NGOs, corporations, etc. purchase tokens for identification purposes and use them in the system.
2. VerifyUnion platform can reduce verification costs.

Use Case
- Target: Individual, Business, Government, NGO, Organization
1. Digital Identity Identification
2. Security and Privacy Protection
3. Medical Records Storage
4. KYC & AML Solution
5. Digital Signature Proof
6. Cyber ​​Scam and Burglar Detection
7 Social Media Certification
8. Document Archive

Road Map

- September 18, 2017: Pre-sale commenced
- October 3, 2017: Began to sell to the public
- December 3, 2017: Crowd sale ends
- 2018 Q1: Private beta DApp
- Q1 2018 : Beta Dapp Open
- 2018 Q2: Open Platform for Developers

Team & Advisor

- CEO, AJ Smith
: Founded over 20 companies, including New Zealand’s IT company, Imperial Digital, Founder of Entisy. We are also investing in 12 global start-ups.

- CTO, Song Seung-hyun
: I have over 6 years of experience as an IT professional. I participated in several IT projects.

- Team
: The team is a multinational team composed of experts in various fields such as UI, finance, development and block-chain developer.

- Advisor, Leanne Graham
: New Zealand IT entrepreneur, CEO of NZX. Several other companies also act as advisors. (Nibo, Anfix, Big etc.)

  • There is consultation on other business, financial and security systems.

PartnerShip

ICO Information

- Schedule: Oct. 3, 2017 to Dec. 3
- Token Price: 1 ETH = 1540 UCN
- SoftCap / HardCap: 1,000 ETH / 100,000 ETH
- Bonus
1. Pre-sale: 35% Bonus
2. 1 Car: 25% Bonus
3. 2 Car: 10% Bonus
4. 3 Car: 5% Bonus
5. After 4 Car: 0% Bonus

LINKS :

Homepage : https://verifyunion.io
whitepaper : https://verifyunion.io/webassets/docs/VerifyUnion_Whitepaper.pdf

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