Netki Token: Tokens, Blockchain, Identity, Risk & Compliance?

What Is Netki?

The Netki platform is a household name in the creation of unparalleled standards and collaborating with influencers and business at the intersection of tokens, identity, blockchain risk and compliance. Netki concerns itself with the development of software that promotes the mainstream integration of blockchain technology. Some of the prominent clients using Netki’s infrastructure include the pioneers of adopting blockchain technology, such as IBM and PwC Australia.

Last year, Netki launched a digital identity service with a view of making blockchain secure for both individual and corporate use as well as complying with the laws of the country in which the blockchain is situated. Ultimately, the digital ID service will bridge the crucial compliance gap that is presently inhibiting the adoption of blockchain technology. The Netki Digital Id will transcend both private and public blockchains, in addition to being compatible with a wide array of business applications.

Justin Newton, Netki’s CEO, noted that while blockchain is a revolutionary technology, its full potential can only be realized if financial systems are legally complaint. He added that digital identity is a key aspect of complaint blockchains, saying that their innovative service will make the adoption of blockchain technology easy, citing the success of PayPal, an online payment platform.

How Netki Tokens, Blockchain, Identity, Risk & Compliance Work

The Digital ID will seek to mitigate risks in blockchain transactions while making the involved institutions legally complaint. The service easily captures and stores a user’s documents and biometric features using their smartphones, a process bolstered by multiple tiers of both automatized and manual validation. This verification will consist of database checks, machine learning and a thorough analysis of biometrics. Also, the Netki platform addresses a wide range of Know Your Customer (KYC), client privacy requirements and Anti-Money Laundering (AML) issues.

After the successful creation of a digital identity, the document can be easily shared using digital certificates that are legally complaint within the USA and the world at large. This is made possible by the implementation of special measures by Netki as well as the peer-to-peer capabilities of the underlying blockchain technology. Consequently, the gap created by traditional regulations is bridged.

Netki Ecosystem Features

Unrivaled Quality –

The platform thoroughly verifies the source of its data to guarantee the validity of investors.

Security –

The network is safeguarded by top-of-the-range end-to-end encryption.

Affordability And Time-Consciousness –

Netki conducts ICOs with multiple tiers of validation that address various risk levels, enabling the user to define and address their specific risk profile. The savings amassed from this process are passed on to the clientele, translating in significantly higher return of investment (ROI) ratios.

Fast Onboarding –

The turnaround times for most processes are remarkably short, clocking just below sixty seconds.

Developer Tools –

Upon request, developers are granted access to the platform’s SDK.

Mobile Integrations –

The Netki SDK is compatible with most mobile platforms, meaning that onboarding clients can easily integrate Netki into their service portfolio. Moreover, building from scratch is just as easy, with the process taking less than a month in most instances.