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Identity fraud risk and KYC regulation in the banking sector result in complex and long user onboarding processes, while conversion rates drop. Our government-grade secure, privacy protecting SSI technology not only improves client experiences but also enables instant and efficient identity verification.
Decentralized digital identities may trigger mass adoption for the Decentralized Finance (DeFi) and cryptocurrency space by providing a layer of trust between users, providers, and regulators in the form of eKYC for crypto/ICOs and instant, compliant, and secure onboarding into crypto/DeFi platforms.
For Healthcare providers, our technology offers a more efficient and secure access & management of patient data. With our products, healthcare providers can issue digital health credentials that patients store in a digital Wallet, where they control who these are shared with. Credential types range from Covid health passes, vaccination records, insurance cards, or any other type of medical record.
In addition to Covid health passes, the integration of SSI technology in the travel industry has the potential to enhance traveler experience and boost the sector recovery. Digital identities provide benefits such as automatic airport security, fast airline check-in, and instant hotel check-in thanks to the issuance of globally recognized digital passports, boarding passes and travel visas.
In the real estate sector, secure identity verification is essential, however current methods demand too many resources and rely on antiquated methods. SSI technology allows users to instantly and securely verify their identites in seconds which optimizes and secures online or P2P buy/sell and renting situations, and makes building access more efficient.
Businesses can now issue digital employee cards to employees or authorized partner certifications to suppliers, who in turn use these to enjoy frictionless access into company systems and/or buildings. Businesses can also leverage our technology to issue credentials to their clients such as membership & loyalty cards and provide a unique, stress-free customer journey.
Governments leverage our credential issuance and authentication tools to streamline citizen's experience with e-government services and increase eID adoption rates. They issue digital credentials such as verifiable IDs, driver's & business licenses, and birth certificates, to citizens' mobile ID Wallet, where the user manages access to their personal data.
Universities are pioneering SSI use cases such as the issuance of digital student IDs, academic diplomas, micro-credentials, and transcripts. Students use these credentials stored in their digital wallet to access online portals, buildings or labs, apply to other programs, and so much more without the use paper-based documents.
The Traditional Banking, Fintech, DeFi and Crypto sector suffer from onboarding dropout rates and truly secure in-app transactions. By leveraging 1-click, compliant KYC, all these platforms can unlock new user value, increase conversion rates, and provide a government-grade secure experience.