Balancing Innovation, Transparency, and Privacy with a Calyx Account
Innovation, transparency, and privacy are all of great value in the modern world. Finding a solution that allows us to have the best of all three can be challenging. This is why we have created an account service that allows customers to publicly authenticate their information while ensuring their privacy. With our customizable solution, you can choose what information is visible and make sure that real people support your shareholders. Read on to learn more about our progress and the steps we have taken to combine innovation, transparency, and privacy.
Public Access and Privacy curtains.
The Calyx system simplifies access to data by enabling a public profile that displays a subset of relevant information to visitors. This includes a public blockchain address for the account and various public proofs such as shareholder lists and badges of honor. It gives shareholders a certain amount of privacy concerning personal details but allows people access to get to know the company and verify it.
An example of this is the Public Shareholder list you can see in the example below:
The first shareholder has chosen to remain private, and their name has been redacted from the Public Profile. However, we can see their ownership percentage, that they are a person (and not an entity), and that they have gone through KYC and are active on the Platform.
The second shareholder, Bjorn, is fine with being publicly listed as one of the shareholders. In this case, we know their name, ownership percentage, that they are a person, that they have done KYC, and are active on the Platform.
The third shareholder, Lukas, has been named publicly but is colored in red. This indicates that they have not yet interacted with the Platform and have not done any KYC, so we do not know if they are a real person or not.
We will be publishing iterations of this in early 2023.
You can see the Public profile of the Tulip Factory here →
The Calyx account allows for these customizations so that users can tailor the platform to their specific needs. This helps them to select what information is displayed and how it is presented. This is especially useful for companies that want to adjust their level of transparency depending on the type of information they are sharing.
Protecting User Privacy
At Calyx, we recognize the importance of privacy. We are committed to protecting the data of our customers, and have implemented a number of safeguards to ensure that their information remains secure. Our system is compliant with all applicable regulations, so customers can be sure that their data is safe and confidential.
Innovation, transparency, and privacy are all important aspects of the modern world. With a Calyx account, customers can benefit from a solution that balances all three. Our platform allows users to publicly verify their information with customizations to suit their needs, ensuring their privacy is respected.
We encourage you to follow us for updates, Try out the platform and follow us on social.