VeriMe Coin Review
When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of VeriME Coin.
Origin & Background
VeriME is a confirmation, authentication, and fortification service. It aims to provide quick and simple user authentication for merchants. Moreover, VeriME’s platform is built on the blockchain technology to offer verification as a service, or VaaS.
There are two main parts of the VeriME platform, including D-KYC and D-Secure. Both flagship products are up and running in Vietnam. However, the development team for VeriME came together in summer 2016. The team had launched VeriME D-KYC in Vietnam with three partners on February 2017. VeriME held an ICO in December 2017 and will use the proceeds from that ICO to expand internationally.
VeriME’s duty is to know your customer (KYC) procedure and the authentication process. At the same time, an ambition is to achieve transparency through the use of the blockchain technology. Furthermore, users will be capable to access the VeriME platform from any time, anywhere using a mobile device. The future objective of VeriME is to become the market leading unified decentralized VaaS platform in the blockchain space and beyond. VeriME’s two products will also use machine learning, cloud computing, and artificial intelligence systems.
Presently, today’s identity verification procedure has remained unaffected for the last 40 years. VeriME, like other block chain-based verification platforms, aims to take authentication into the digital age. Finally, the end result is an easier, safer procedure for customers and superior peace of mind for merchants.
- No need for face-to-face interaction.
- No need to fill out forms or documents.
- Full privacy and all documents uploaded by the customer are encrypted and stored on the designated device.
- No third party dependency.
We have not identified any obvious cons with the VeriME Coin.
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