HASH Token

Today marks not only the beginning of summer, but also a tremendous day for Hashbon and the rapidly evolving DeFi industry. We are on the threshold of introducing a game-changing solution to the KYC problem.What is the KYC problem?The DeFi sector is rapidly evolving with approximately 200% annual growth as of spring 2022, and its ever-expanding user base face the prominent issues of personal data leakages, lack of solid AML &amp; KYC procedures and thus, malicious use of financial Web2 and Web3 services.“We will bring one key to many locked doors in DeFi both for users and services. With the help of our NFT Passport, users will be able to use a huge number of services without the transfer of any personal information. It’s time for real anonymity without additional risks of personal data leaks. Our new product will allow you to plunge into the new world of Web 3.0, feeling absolutely protected,” — comments Grigory Bibaev, CEO &amp; Founder of Hashbon.Besides DeFi, the NFT Passport by Hashbon works in both CeFi and TradFi sectors, transforming the user experience to match DeFi and Web3 blockchain standards.The solution: welcome Hashbon PassOn June 30, Hashbon will launch <a href="https://pass.hashbon.com/" rel="noopener noreferrer nofollow">Hashbon Pass</a>, or NFT Passport by Hashbon FiRe. It is an NFT token and a decentralized protocol for reusable identity verification on blockchains such as Ethereum, BNB Chain (Binance Smart Chain), Polygon and other EVM-compatible networks.Hashbon Pass strives to achieve two main goals:<ul><li>Simplify the user’s interaction with the constantly-evolving DeFi space</li><li>Preserve the core values of the industry in the face of looming government interference and regulation</li></ul>Hashbon Pass is the first ever anonymous KYC protocol and Tokenized All Web3 Pass (TAWP). Isn’t that an oxymoron? Let’s explore it together.Anonymous KYC means that services requiring identification do not actually have access to the user’s personal data, but they can filter out individuals from sanction lists, as well as calculate the user’s credit score and social rating. This allows DeFi services (e.g. DEXs, IDO platforms, Play2Earn, Metaverses, DAO, etc.) to understand that they have a verified user active on their platform, determine their age, citizenship and also their presence on blacklists — all without having access to their personal data. Yet, the user’s personal data is stored only by licensed verifiers who issue NFT Passports.You can read the detailed <a href="https://pass.hashbon.com/files/WP_NFT_Passport_%28EN%29_v1_0.pdf" rel="noopener noreferrer nofollow">whitepaper</a> to learn more about Hashbon Pass.How can Hashbon Pass be used?The Hashbon Pass protocol presents solutions for three groups of clients:<ul><li>Users who are tired of passing verification and login procedures over and over again across various services;</li><li>Services who are interested in secure and seamless user identification,</li><li>Verifiers who can become Hashbon partners and join the initiative to bring a new standard to Web2 &amp; Web3 ID procedures.</li></ul>Hashbon Pass’ key feature is the utilization of the NFT standard. It is easily integratable into all popular DeFi-protocols and is supported by all crypto wallets allowing for NFT storage. With countless voices calling for heavier regulation of the anonymous DeFi realm, Hashbon Pass aims to facilitate KYC &amp; AML while maintaining safe storage of user data by licensed verifiers.If you are ready to challenge the NFT ID industry and integrate a real Web3 tokenized ID into your service, dive deeper into the Hashbon Pass <a href="https://pass.hashbon.com/files/WP_NFT_Passport_%28EN%29_v1_0.pdf" rel="noopener noreferrer nofollow">whitepaper</a> or just book a demo <a href="https://pass.hashbon.com/" rel="noopener noreferrer nofollow">here</a> — Hashbon&#39;s team will introduce you to Hashbon Pass before its official launch on June 30.

Anonymous KYC: Hashbon introduces NFT Passport for real Web3 tokenized ID

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