VeriME is an intermediary digital Validation-as-a-Service (VaaS) that allows Service Providers who are its Partners to validate and/or authenticate a potential Customer who has already been verified and approved by VeriME. The verification process can be self-done by the Customer anytime, anywhere within minutes right on the Customer's mobile device thanks to the smart application which uses sophisticated technologies such as Artificial Intelligence, Computer Vision and Cloud Computing. VeriME helps in strengthening the transparency & accuracy of transactions and improving user experience, while saving time and cost for Customer KYC and Authentication processes.
VeriME operates on a Blockchain-based decentralized model. A customer's Profile that has been validated & certified is stored right on his/her mobile device, ensuring privacy and eliminating the risk of data leakage.
VeriME is a complete ecosystem with three parties involved: VeriME Team, Customers and Partners. All are motivated to contribute to the development of the ecosystem through a service fee sharing scheme, unlocking the potential for unlimited expansion.
VeriME released VME Token on Ethereum ERC20 Smart Contract as the cryptocurrency for the ecosystem. The VME Token is a utility token, meant for usage within the VeriME ecosystem. It is not a security. Lastly, VeriME is one of those rare not-for-profit ecosystems in the Blockchain space which will reinvest all its revenue from its services in technology upgradation and expansion of the ecosystem to increase the usage of VME Token.