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.
VerifyUnion has developed a unique portfolio for all users, which returns a “True Value”. True Value comprises the combined values derived from verifying digital identification, social & public profiles, as well as financial details linked to the user’s unique profile. This platform allows users to provide essential information for required verification to be completed, and they can increase their portfolio True Value by providing additional data that the user and Evaluator agree upon.
WE BUILD ON ETHEREUM BLOCKCHAIN
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
USE CASE
THE TOKEN (UC COIN)
We are deploying our own token which can be applied in our ecosystem. 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.
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.
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Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
VerifyUnion wants to disrupt the identity verification industry by creating a decentralized marketplace where “Evaluators” can verify identities, users can receive rewards for their verification, and companies can purchase verification services.
This offer is based solely on information provided by the offeror and other publicly available sources.
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