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NuID, in partnership with The Kii Foundation, is holding the public sale of the identity utility token Kii on September 19th-23rd via IEO on LAtoken. Kii will be the transactional token at the root of NuID’s decentralized identity ecosystem that enables user-owned & user-controlled digital identity.
NuID is a technology partner of The Kii Foundation, and is known for building a trustless authentication solution for enterprises and developers. The solution leverages zero knowledge proofs and distributed ledger technology, preventing the need for applications or platforms to store user login credentials server-side. Read more about the solution in the Protocol White Paper:
https://nuid.io/pdf/nuid-white-paper.pdf .NuID has built upon their existing authentication solution to launch development of the Nu Identity Ecosystem along with the identity-optimized KiiChain.
The decentralized ecosystem will include participation from services and individuals alike. Owning Kii will grant you access to this ecosystem, which will provide portable, frictionless, secure management and verification of digital identities. Identity on the internet as it exists now is composed of identity silos, with each platform requiring users to have a unique set of credentials.
The Nu Identity Ecosystem will eliminate these silos, as individuals will have portable identity verification that can be shared to any enterprise or platform that deploys the NuID trustless authentication solution: the first of many live services in the ecosystem. Development efforts in the near-term future within the ecosystem are focused on portable digital identity between services & development of the KiiChain ledger, which will be optimized to store identity-related data.
Kii Details:
● The initial offering is being held on LAtoken from September 19-23rd at $0.30 USD
● Kii owners can participate in the decentralized Nu Identity Ecosystem
● Kii will be initially issued as an ERC20 token before migrating to the KiiChain ledger in the future
● Kii will pay the cost of credential registration on a public blockchain, pay for use of NulD’s existing trustless authentication solution, and pay for future identity use-cases within the ecosystem.
● Token distribution will take place later this year
How To Purchase:
September 19th-23rd, go to LAtoken’s launchpad:
https://latoken.com/ieo & place your order in the Kii sale!
TG: The Kii Foundation,
https://t.me/+qgQofhNKdMgxNzQ5
