The future of finance, law and commerce rely upon identity.Find out why
Distributed Ledger technology provides a reliable source of truth for identity and related events, also secured by a collection of cryptographic mechanisms to ensure that data can't be tampered with, thus serving as a solid provenance for audits and regulatory checks.
KYC-Chain is built taking into account the actual legal framework regarding identity and customer data at a global scale. Multiple mechanisms are provided to aid institutions to comply with regulatory norms, such as automatic smart checks on external data sources.
KYC-Chain provides a secure platform for sharing verifiable identity claims, data or documents suitable to satisfy compliance requirements for KYC onboarding or refresh without compromising the privacy of the owners while preserving the integrity of the data.
Businesses and Financial Institutions can onboard new customers with more efficiency and more trust in the data provided. KYC-Chain breaks admission barriers by providing secure mechanisms to verify digital identity.
Built over Distributed Ledger technology, KYC-Chain provides consensus on identity of individuals and companies at the highest level of trust, bringing a new level of ease and simplicity to the process of onboarding new customers for businesses and financial institutions, while ensuring the compliance of regulatory standards.
Identity, although quite an abstract concept, is certainly a crucial element for all kinds of interconnected entities. Identity is what brings trust to social life.
Thousands of years ago, the Ancient Greek aphorism "know thyself" was inscribed at the Temple of Apollo at Delphi. Today, we provide a new method to know oneself: Proof of Identity.
KYC-Chain is new technology aimed to keep regulators satisfied with Smart verification procedures while providing businesses with a smooth and efficient KYC process, and last but not least - provide end users with the ability to be the sole owners of their identity data.