The development of the LEXIT solution is progressing faster than ever, and today we’re proud to announce a newly formed partnership which will enable us to provide LEXIT users with the security and peace of mind they need to close the best deals in the industry.
LEXIT has partnered with SelfKey, a blockchain based self-sovereign identity ecosystem that empowers individuals and companies to find more freedom, privacy and wealth through the full ownership of their digital identity.
SelfKey provides an identity wallet, allowing users to create their KYC profile, request document e-notarization and quickly and painlessly onboard onto financial, cryptocurrency and immigration services. SelfKey puts identity owners in control of their personal data, as identity data and documents are encrypted and stored locally in their devices at all times and are only shared with their consent, avoiding potential massive data breaches, while empowering service providers to be compliant with the highest AML&CTF standards in a simple, quick and reliable way. This partnership will make it easy for LEXIT users to list new projects on LEXIT, while being sure all other participants in the marketplace are trusted and validated entities with the good intentions they claim to have.
The swift, convenient and airtight validation of digital identities is of utmost importance to us. Deals on LEXIT are expected to be capital intensive and to involve the exchange of highly sensitive information between parties which remain anonymous to each other during most stages of the deal flow. Developing the needed trust in one’s counterpart under such conditions is only possible if attempted fraud, identity theft, and malevolent disinformation are taken completely of the table. Luckily, we live in times in which blockchain technology is making this possible more than ever before.
One of the key-advantages SelfKey has to its competitors is its capability to verify the identity not only of individuals, but of entire companies and corporations. As an M&A venue and marketplace for corporate assets, this service seems to be tailor-made for LEXIT’s needs.
We are glad to have the opportunity to work with one of the most innovative and practical startups in the blockchain industry and to provide our users with the security and the seamless user experience made possible through this collaboration.
The LEXIT TEAM