Xenchain Xenchain

Xenchain

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Created using Figma

Last Update

May 23, 2018

XenChain accelerates and strengthen identity verification processes by using e-KYC technology that requires facial recognition, making manual document authentication a thing of the past. Personal data is encrypted and stored in a public ledger making it safe from breaches. Xenchain, in cooperation with multiple trusted corporate data validators, will accurately acquire, validate and store identity data into a decentralized Blockchain. End users have full control over their data; companies can retrieve identity data (with end users’ permission) from Blockchain, thereby reducing cost and time
Aug 1, 2018
Aug 15, 2018
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About Xenchain

Never in the history of humanity has personal identifiable information (PII) is at most risk of theft and misuse. As the growth in the digital space connects us and draws us closer to one another, sadly, this has also created opportunities for hackers and identity thieves to make their move.

In the last decade, there have been a steady rise in identity theft and confidential breaches and an estimation of $107 billion have been stolen. The USA Today reports that more and more people will lose their identity to hackers, thieves and fraudsters if they do not pay serious attention to identity management and the aspect of data security.

The antivirus giants, McAfee have announced their decision to make identity theft one of the arrowhead threats that they will be fighting against in recent time. This decision was made on the heels of data breaches happened in 2017 that caused millions of people with SSN exposed to identity theft.

The situation calls for a robust platform for identity management, one that is practical, secure and efficient. We at Xenchain have developed a global platform that runs on the Blockchain network and operates under the principle of smart contract that can gather, securely store and provide on-demand (with the permission of the data owner), PII data to consumers and users alike at a lower cost and in a seamless manner. We are experienced in managing KYC and user data access using our modern and high tech software solutions for text and facial recognition that can be deployed for user data validation.

Xenchain is set to introduce you to a global, end-to-end disruptive model of identity management that is solely powered by the Blockchain network. This new model is poised to provide a platform for secured identity verification, KYC enhancement and onboarding process on a timely intervention and a lower cost. 

Our solution removes the complexity of assess requirements associated with multiple websites and applications, and also the issues of user authentication. One of the key breaching points in cyber-attacks is usually through the Business Email Compromise (BEC). It is reported that over $5 billion has been stolen through BEC over a three year period from 2013 to 2016. In 2017 alone, over 200 companies have also been identified to have run the risk of being under BEC attacks by some cyber fraud syndicate. These figures indicate just how phishing attacks become more lucrative for cybercriminals.

With Xenchain, we deploy enhanced user authentication mechanism which includes super intelligent text identifiers, facial recognition and digital ID scanners to ensure user data are securely and legitimately gathered, protected and assessed.

Roadmap

  • Jan 2018 - Mar 2018

  • Stage 1. Xenchain version Alpha ready. Stage 2. Xenchain trial deployment with corporate customers. Stage 3. System readiness with corporate XenValidator. Stage 4. Xenchain structure and legal preparation. Stage 5. Xenchain Whitepaper
  • Mar 2018 - May 2018

  • Stage 1. Xenchain version Beta + Blockchain storage. Stage 2. Public to participate in token Sales using Xenchain KYC service. Stage 3. Campaign in leading Asia, Europe cities.
  • May 2018

  • Quarter 3 + Ongoing. Acquiring 10 million XenUser and 3,000 XenDataConsumer. Quarter 4 + Ongoing. Token allocation to 10 x strategic XenValidator partnership.
  • Quarter 3 2018

  • Malaysia, Singapore, Brunei, Philippines, Thailand.
  • Read More
  • Quarter 4 2018

  • Africa.
  • Quarter 1 2019

  • Middle East.
  • Quarter 2 2019

  • Hong Kong, Tokyo, Korea.
  • Quarter 3 2019

  • UK & European Region.
  • Quarter 4 2019

  • Ukrain, Russia.

Materials

Xenchain

Activity

Status:
Jr. Member
LOW
Activity:
54
LOW
Merit:
0
VERY LOW
Posts:
70
VERY LOW
Views:
669
VERY LOW
Posts:
30
VERY LOW
Followers:
117
VERY LOW
Likes:
116
VERY LOW
Rating:
5
VERY HIGH
Reviews:
5
VERY LOW
Followers:
491
VERY LOW
Tweets:
139
MEDIUM
Members:
10 175
VERY HIGH
Alexa
Rank:
2 710 172
VERY LOW
Delta:
-1 507 600
Year commits:
3
Watchers:
4
Stars:
4
Forks:
0
Open issues:
0
youtube
Videos:
11
MEDIUM
Subscribers:
102
VERY LOW
Views:
7 061
HIGH
Likes:
97
VERY LOW
Dislikes:
1
VERY HIGH

Team

Verified 67%

Attention. There is a risk that unverified members are not actually members of the team

Founder/CEO
verified
Founder/CTO
verified
Vice President - Product Development
unverified

Advisors

Verified 22%

Attention. There is a risk that unverified members are not actually members of the team

Advisor
verified
Advisor
verified
Steve Rao
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As the CEO, I lead the Global business development and Government liaison apart from P&L for the company.
Vincent Wong
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As the CTO of Xenchain, I overlook the entire product development including the blockchain integration for the company. With the team of 12 developers under me, we are adding on more features to the solution and overlooking a R&D team for AI.
Jit Leong Yeoh
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
ICO advisory on Community Management, Social Media, Ads Spending, and Blockchain development in Solidity.
Simon Landsheer
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I've been investing in, and advising to the founders of this business for the last 10 years and I'm excited to partake in this project as well.
There is a clear demand for the solutions offered and these guys know how to build and operate business at scale.

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