VerifyUnion (UC)

VerifyUnion (UC) widget

ICO date: 01.10.2017 - 01.11.2017
Industry: Identity & Reputation
Description:

VerifyUnion is a decentralized Digital Identification and Trust Verification platform with a Social Scoring Engine. VerifyUnion encourages digital users to get verified and earn incentives in tokens (UC Coins) which can be utilized in the VerifyUnion Ecosystem.

Features:

By developing the ecosystem for VerifyUnion: Users get total control over the verification process and the data being shared for Trust and Social Identification. Government authorities, Financial Institutions and Corporates can use this system whereby user Identification and Trust can be made possible with user authentication in real time in a cost-effective manner. Evaluators can benefit by evaluating the identity of a user and getting rewarded in UC Coin tokens, and they can use the Blockchain system to alter the price for evaluation and badging in real time. Service providers who need the verification can get all the required records (after user authentication) in a single platform rather than going to multiple agencies, which reduces their verification costs significantly.

Technical details:

UC Coin serves as a mode of payment in the VerifyUnion platform and it is used in the reward program to pay our Evaluators and users. This is defined by the Smart Contract that is predefined and agreed upon by both user and Evaluator, which is addressed by the Consensus of the VerifyUnion participants.

Website: verifyunion.io
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Low 1.9 / 5.0
Risk score
Low

Post-ICO

We are holding a vote to perform an Post-ICO Rating on one project chosen by our readers. If you're a current tokenholder, you can take part in the vote after completing a KYC procedure and we will deliver this results directly to the project team with 100% guarantee. We will motivate the startup to release a Post-ICO Rating audit to inform their investors about the results of their work after their ICO.

Post-ICO Rating


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See also