Verify & Own Your Data

We are facilitating the adoption of Non-Fungible Tokens (NFTs) to the blockchain by establishing new industry standards.

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Meet Veritoken Global

Veritoken Global is one of the first companies to successfully utilize NFTs, taking the glorious technology made known by the illustrious cryptokitties into something tangible for businesses: verifying products, data, and assets.

Imagine a world where you can choose what information is public or hidden.

"NFTs can do everything cryptocurrency promises."

"2019 will be a year of firsts for cryptocurrency"

"Putting theories into practice and enabling blockchain technology"

"Blockchain allows us the ability to self-regulate"

"What we thought of as privacy 20 years ago no longer exists."

"We have no idea what services [on the internet] are going to do with your information"

The Problem

How can we regain trust in the post-privacy era?

There’s a mounting trail of public disdain for corporations that collected endless amounts of personal data and violated their users’ trust; Facebook, Equifax, Cambridge Analytica, Sony and countless others. For far too long the large tech companies have held unfettered power to re-market and sell everything we share with them. Europe has responded with data protection regulations (GDPR), and the consumer response has been lackluster.

It’s long been understood in the tech industry that if you’re not paying for the product, you are the product. The time has come to challenge this notion.

Our Solution

The Veritoken Global platform eliminates data silos and provides tools for the adoption of NFTs, which will lead to ownership of individual data on the blockchain.

Once given the tools to manage and license their own datastores via blockchain, a user will reap the benefits, and as a result, so will the society at large.

Our Technology

Veritoken Global authenticates data and assets while helping crypto companies build a common language for NFTs.

Through the process of creating a cryptocurrency wallet, a user can associate that address with their identity. Their wallet can then become the repository for all data and data licenses they acquire from Data Oracles. These child smart-contracts will contain all the required licensing information.

It’s in this manner that the user then becomes the authoritative record holder and can grant limited or unlimited licenses to the data in their ownership. Some types of data can be freely licensed (like diploma data, for instance). Other types might need to be kept private or have limited time licenses (such as credit score data).

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Human Resources

Although in recent years the number of jobs filled have increased overall, it has disproportionately come from higher-skilled professions. With the average job posting now receiving 240 resume applications, it has become more difficult than ever for candidates to stand out and for employers to find and verify the right hire.

Aid for the Unbanked

Global access to banking has become a hot topic as of late, primarily around undocumented immigration and border protection. It's extremely difficult for governments to verify people's identities, citizenship status, passports, driver's licenses and visas in a timely manner because the process requires a substantial amount of time and effort, and bureaucracy.

Food Provenance

The increased collective consumer desire to buy directly from other people has led to a burgeoning industry of counterfeits, as well as product mislabeling claiming foodstuffs of incorrect sourcing or origin, such as false claims of being "Organic!" The counterfeit goods industry is now a $461 billion industry that is growing by the day.

Veritoken Advisors

Jason Dekker

CEO at GoChain

Brittany Kaiser

Former Business Development Director: Cambridge Analytica, Co-Founder: Bueno Capital

Tor Bair

Head of Growth/Marketing at Enigma, MIT MBA

Steve Sarner

VP at Goodreads (An Amazon Company)

Naomi Assaraf

Founder & CMO at cloudHQ

Joel Ward

Sr. Decision Scientist (Machine Learning) at Conversant

John Sutton

Global Food Importer, Partner: SBP Holdings

Richard Margolin

CTO & Co-Founder, RoboKind

Our Roadmap

Phase One

Business Development and Standards Development

Veritoken will introduce an ERC20 Token, which will be used as the form of payment between blockchain participants (e.g. candidates and recruiters). Our first phase of development will be working with our partners in the data provision side of the marketplace to better understand the economics around the service of providing data.

Phase Two

Semi-Federated Model, HR, Talent and Recruiting-focused

Develop a reference implementation for the HR, Talent and Recruiting industry. This proof-of-concept will require the development of blockchain-based underpinnings, as well as a traditional LAMP or MEAN stack style infrastructure for a website.

Phase Three

Maturation of the Technology

By Phase 3, we expect the blockchain ecosystem to have matured to the point where we can make the determination as to whether Veritoken will live on as an Ethereum-based blockchain or migrate to its own blockchain. Ultimately, it is the goal of Veritoken to operate on a single-tenant blockchain that is Proof-of-Stake and Turing Complete.

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Veritoken Global News

Deep dive: blockchain’s potential impact in developing countries

8 May, 2019

10 influential people in the blockchain and crypto space

1 May, 2019

Women Increasingly Taking Leadership Roles in the Blockchain Sector

22 April, 2019

View All News »

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