Handing over or providing paper documents is the way of the past. Today everything is digital, and cryptography can give us more security than ever. Picture being able to verify any part of your identity with the device in your pocket.
Finally, a new way to securely pass information to authorized vendors, government agencies, friends, or family by using the blockchain. Approve, authorize, deny, or revoke access at any time.
Through a process of verification, your "request for proof" or
data can only be allowed through
a process you control, through approved issuers and verifiers.
You see what is
needed for proof, and you have the ability to approve access in
seconds.
There is a lot of talk around various technologies when it
comes to blockchain. We have built our technology on
IBM's enterprise level Hyperledger. Giving the security
Governments and Enterprises are looking for.
Identity Key is being used by startups and corporate enterprises to obtain proof of identity from users for KYC and AML purposes. We provide development kits that are easy to use and integrate, so every company can apply the power of the blockchain.
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With over 1.1 billion people not being able to approve their
identity, this allows us to use our network to offer tools
to
government agencies that allow people to prove their
identity quick and easy. Your identity should be as easy
to prove as waving a phone.