Citizen App

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Citizen App
EKYC.jpg
Know Your Customer
Team Organizations Dataswift
TODAQ
Grabba
Team Leaders Ben Forbes
Participating Municipalities Cambridge
England
Sectors Data
Status
Last Updated March 28, 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.