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Finding Genius Podcast

Netki – Simple Re-naming of Bitcoin Addresses & Online ID Vetting

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.41K Ratings

🗓️ 23 March 2017

⏱️ 34 minutes

🧾️ Download transcript

Summary

Netki was launched by Justin and Dawn Newton, and allows users to create bitcoin wallets with “normal” names and e-mail addresses, just like DNS allows IP addresses to be written as plain english website names (ex: bitcoin.com).Netki supports 3 cryptocurrencies and is planning to expand to more in the near future.
A key feature of Netki's bitcoin wallets is their name, which do not look like a traditional combination of digits and letters.
Talking about the Wallet Name Service, they attempted to produce a domestic wallet address, and companies that have joined Netki’s wallet naming service are Purse, BitSo, Bitt and BlockCypher. Netki wallets have names like “wallet.koritzky.bit”. Thus, the service is not a wallet provider as such, but rather another ‘superstructure’ constructed on top of a current bitcoin wallet.
Netki also is becoming an online hub for vetting and verification of your digital identity.
Share, Subscribe and Listen to the Podcast. Don’t forget to donate Bitcoins, to our pub key on future tech podcast dot com to keep us rolling.

Transcript

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0:00.0

Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs.

0:07.0

Future Technologies is poised to transform our lives for better or worse for the focus of this podcast. Almost here

0:14.3

means these technologies are now here and starting to be used. We're just around the

0:18.8

corner. For Bitcoin to Artificial Intelligence, 3D printing, blockchain, virtual reality, and more.

0:26.0

Hello, this is Richard Jacobs with Future Tech Podcast, almost here around the corner technology.

0:32.0

Today I have Justin Newton, the CEO of Netkey,

0:35.6

N-E-T-K-I-com. They have a blockchain-based solution that's pretty interesting that he's going to talk about. So welcome

0:44.0

Justin, how you doing? I am doing great today. How are you? Good. Thanks so much

0:49.9

for being on the show. I appreciate it. So you know I find it's always better to let yeah I always

0:56.1

find it's better to let folks introduce their company and what it does they seem

1:00.4

you know they've got it down so tell listeners what Netkey does please.

1:04.6

Sure no worry so Netkey I were a company that started in the Bitcoin and

1:11.2

blockchain space about three years ago and what we were really focused on from the beginning

1:17.9

was trying to help remove barriers for the commercialization or mass market adoption of

1:23.7

Bitcoin and blockchain. And one of the first things that we really found that's

1:28.8

been a big issue has been around digital identity and in particular around how a digital identity is very context sensitive and depending on what people are doing there could be

1:41.4

You know different requirements in that area.

1:44.6

And so what we've been focused on is basically helping companies that are building blockchain

1:49.6

solutions to build a digital identity validation solution that can meet the specific legal risk

2:01.3

and compliance requirements of the use case that they're building.

2:06.1

All right, well, I guess, you know, let's talk about a particular use case and a particular example

2:10.5

because it's sounds a little bit general what does that mean yeah what's

...

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