Blockchain-based digital identity service SelfKey is rolling out its artificial intelligence (AI) solution and zero knowledge (zk) verifications to vendors, allowing them to safely authenticate users without exposing them to identity theft.
Ahead of the launch, SelfKey has released a new whitepaper detailing its Know Your Customer (KYC) chain technology.
Zk verifications provide a means to verify the information is correct without disclosing the information itself. They enable blockchain users to complete transactions without revealing sensitive financial information such as account balances.
SelfKey’s technology empowers individuals and corporations to take ownership of their identity data. It empowers vendors to perform mandatory KYC checks without having to store user data in …