THEKEY IDV Product Was Demonstrated in “12333 National Day” across China
March 30th, 2019, Kaifeng, China: the annual “12333 National Day” was launched today by provincial and municipal departments of Human Resources and Social Security in hundreds of regions and cities across China, aiming at promoting the social security service by providing the consultation of social security policies and demonstrating the most outstanding and efficient applications and solutions. As one of the typical solutions, “Kaifeng Human Resources and Social Security 123 Application” (hereafter referred as “the APP”) was selected and demonstrated in the event, arousing lots of attention and applause from the officials and citizens.
The event held in Kaifeng City, Henan Province, has attracted thousands of citizens. The scholars, experts and officials were also invited for the consultation and celebration, among whom there was Jin Song, Member of Party Leadership Group and Deputy Director of the Bureau of Human Resources and Social Security of Kaifeng.
The APP was launched exclusively by THEKEY in 2015. It is a multi-functional mobile service platform delivering social security, medical insurance, healthcare treatment, medical purchasing and pension payment.
Based on THEKEY’s Medical Insurance -Medical Treatment-Medicine Platform, the APP can integrate personal data of medical insurance, medical treatment and medicine purchasing by its core technologies of medical data collection, cleansing and processing, Medical Term Standardization (MTS), medical data analysis and data security protection, therefore largely improve the service of smart medical insurance, medical treatment and medicine purchasing.
Powered by THEKEY’s proprietary Dynamic Multi-dimension Identification (DMI) engine, the APP can generate more accurate and efficient IDV (Identity Verification) results by cross-checking a large amount of PII (personal identity information) from various data sources, meanwhile ensuring the data reliability and safety, hence remarkably promote the efficiency and user experience of local social security service.
By the end of March 2019, there are over 300,000 users enjoying the convenient service in Kaifeng City. Recently, the APP was selected as one of “The Typical Application Cases in Internet+ Human Resources and Social Security 2020 Action Plan” among hundreds of candidates all over China.
THEKEY is dedicated in the IDV development and application in the social security industry. THEKEY has established the Joint Innovative Laboratory for Social and Commercial Insurance on September 2017, together with China Social Insurance Association, Insurance Society of China, Bureau of Human Resources and Social Security of Kaifeng City, China Pacific Insurance Corporation and China Life Insurance (Group) Company. As the first product of the lab, the cancer insurance program “Tai An Kang” was launched on December 2018, which is the first time that the social security data has been utilized in the whole process of commercial insurance, and signifies a milestone for the social security data socialization and commercialization.
Besides Kaifeng City, THEKEY’s solutions and products were also deployed in other regions and cities, including Heilongjiang Province, Guizhou Province, Guangzhou City, Hangzhou City, Chengdu City and Jiaxing City etc., which shows the recognition of THEKEY project and its proprietary IDV solution from Chinese government, and a positive gesture for the national deployment in promoting the quality and efficiency of China’s Human Resources and Social Security service.
About THEKEY
THEKEY is a decentralized ecosystem of Identity Verification (IDV) tool integrating national big-data and the blockchain. THEKEY’s proprietary Blockchain based Dynamic Multi-dimension Identification (BDMI) platform has been using Personal Identity Information (PII) exclusively authorized by the Chinese Government. THEKEY token (TKY) is the only method to settle smart contracts across THEKEY Ecosystem, which is tradable on HitBTC, Bit-Z, KuCoin, Lbank, etc. THEKEY mainnet was launched in Nov 2018. THEKEY was granted the National “Technology Innovation Award of 2018 Chinese Government’s Information Product”; won the International Competitive Bidding co-launched by People’s Bank of China and Nanjing Municipal Government, and achieved social security data socialization and commercialization for the first time in Kaifeng, China.
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