Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook Follow The Paypers on Google +
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
Digital Identity, Security & Online Fraud

Yoti, Noku TokenRaise team up for identity verification

Monday 4 February 2019 | 10:46 AM CET

Digital identity app Yoti has partnered with blockchain platform Noku TokenRaise to provide their customers with secure identity verification.

Noku TokenRaise is a blockchain platform, which creates tokens, ICO, and STO. They give individuals the opportunity to create their own token without any previous blockchain background. Through the partnership, clients will be able to use Yoti’s free digital identity app, in order to share verified details, and prove their identity on Noku TokenRaise in a private and secure way.

Yoti lets individuals prove their identity, and share their verified details (eg their name and date of birth) at the scan of a QR code or at the click of a button. This facilitates the onboarding process, as it removes the need for individuals to present paper ID documents. As such, it also reduces the costs of manual verification checks.

What people need to do is to take a selfie and add an ID document with their smartphone, which is transformed into a digital identity. Yoti uses 256-bit encryption to secure user details, and puts individuals in control of their data, as they need to give their consent before the details are shared.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement