Citizen App: Difference between revisions
Jump to navigation
Jump to search
(Created page with "{{Infobox project |image=EKYC.jpg |imagecaption=Know Your Customer |team-members=Dataswift, TODAQ, Grabba |poc=Ben Forbes |location_city=Cambridge, England |sector=Data |summa...") |
No edit summary |
||
| Line 5: | Line 5: | ||
|poc=Ben Forbes | |poc=Ben Forbes | ||
|location_city=Cambridge, England | |location_city=Cambridge, England | ||
|status=Implemented | |||
|sector=Data | |sector=Data | ||
|summary=A new paradigm for Know-Your-Customer (KYC): removing the need for third-parties and KYC-as-a-service through self-credentialisation | |summary=A new paradigm for Know-Your-Customer (KYC): removing the need for third-parties and KYC-as-a-service through self-credentialisation | ||
Revision as of 05:30, January 12, 2022
| Citizen App | |
|---|---|
 Know Your Customer | |
| Team Organizations | Dataswift TODAQ Grabba |
| Point of Contact | Ben Forbes |
| Participating Municipalities | Cambridge England |
| Sectors | Data |
| Status | Implemented |
| Last Updated | November 26, 2024 |
Summary
A new paradigm for Know-Your-Customer (KYC): removing the need for third-parties and KYC-as-a-service through self-credentialisation
Challenges
- Launched an entirely new “bring-your-own” KYC model with partners
- Enable any individual globally to self-credentialise, with government approval, and use those credentials across businesses, dramatically cutting costs and approval time
- Provide a decentralised Identity, Credentials and Asset Ownership to ensures immutable integrity of KYC assets and transactions
- Enable credentials stored on an individuals’ Personal Data Servers to render citizens the legal owners and sole purveyors of their own sensitive information
Solutions
An open-source citizen app that will showcase various global case studies around its use.