Full Control of the Personal Identity
Verico unites visionaries, developer talents and leaders with over 20 years of experience in the verification space under one roof. Thanks to existing collaborations, Verico has access to millions of users, which can be integrated right from the start. These special conditions enable Verico to create a unique and stable ecosystem from the very beginning, to anchor it in the market and to establish a pay token with high demand and increasing value. Such an ecosystem benefits both, users and providers of services on the Internet. Verico’s goal is to finally give the user full control of his personal data.For Users For Providers
Blockchain Identity Management
Verico App Special Features
The verification module of the Verico App allows the capture of all necessary documents with the camera integrated in the device.
The identity status module is used to manage the personal data on the user´s terminal. Here the user can at any time view his current verification status, perform pending checks or update outdated data.
QR codes play a big role in improving usability. They can be displayed on any screen, in documents on paper or even on stickers, and serve to initiate processes of all kinds.
If the user initiates a data transfer, e.g. by scanning a QR code, the data fields required by the provider are displayed in the app.
Master & Sub Wallet
A system of master wallets and associated sub-accounts provides a variety of useful control and influence functions that can be combined with each other.
In the case of a standard payment transaction, in principle the abbreviated name (eg: John Doe) and optionally a purpose of use are exchanged between the transaction partners.
Verico use cases
The use cases are almost unlimited
Verico can be deployed anywhere where identification of identities is mandatory or sharing them will benefit users. The targeted core business of Verico is the identity verification and in particular the crypto and FIAT currency business.
All in one Solution
Verico - How it Works
The ultimate premise of an identity management system should be to give the user control over his own data. Many companies argue that they need to have permanent access to user data. A permanent access is often not necessary. Even the provider of an identity management system only needs one-time access to the user´s data as part of the verification procedure.
Many advantages and new solutions
Blockchain and decentralization are not unjustifiably getting more and more attention, because they offer many advantages and new solutions for the implementation of new concepts. In addition to the mandatory token functions, for example, sidechains offer an ideal medium for storing and providing the data key. But blockchains also have their drawbacks and limitations. For example, Verico also has areas where conventional server technology is more effective or unavoidable. That´s why Verico Blockchain combines local storage, server and cloud technology where it makes the most sense and is the most practical for every single feature - always for the benefit of the user.'