SelfKey, a blockchain startup that creates digital identity solutions, has recently launched a new whitepaper discussing its KYC (Know Your Customer) solutions. The paper details the AI-based solution and the Zero-Knowledge verifications enabled by KYC-Chain technology. These features will be made available to vendors, enabling them to safely authenticate users without risking identity theft.
SelfKey’s blockchain-based identity system allows individuals and corporations to take ownership, control, and management of their digital identity. This technology facilitates a more secure environment for personal data and privacy protection.
Zero-Knowledge (zk) verifications offer a way to verify the correctness of information without revealing the information itself, making them ideal for blockchain systems where transactions can be completed without exposing sensitive financial data. SelfKey’s zero-knowledge KYC system uses zk technology for identification purposes.
SelfKey’s advanced identity solutions are designed to provide self-sovereignty to its users, giving them the ability to manage and control their identity data securely. With the introduction of AI-based solutions and zk verifications, the company is committed to offering a more secure and trustworthy digital identity ecosystem.
