Digital identity app, Yoti, announced that they are working with blockchain platform Noku TokenRaise to provide secure identity verification for their customers. The free app is available for Apple and Android phones and takes less than five minutes to set up. People 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.
Noku TokenRaise create an all-in-one ecosystem that gives individuals the opportunity to create their own token without any previous blockchain background, regardless of their coding skills.
“To prove their identity to a business, individuals typically have to show paper documents and then wait for their identity to be manually verified,” said Thom White, Future Technologies Lead at Yoti. “This can be a cumbersome, slow and frustrating process. The free Yoti app lets individuals prove their identity in a fast, simple and secure way”.
Yoti Streamlining and Simplifying The Digital Identity Process
Yoti will help streamline and simplify the process of verifying the identity of all their users by letting individuals prove their identity within seconds and share their verified details at the scan of a QR code or at the click of a button. This will remove the need for users to present paper ID documents, which are too easily lost or stolen.
“KYC is one of the most controversial subjects in today’s crypto world,” says Roberto Gorini, CEO at Noku TokenRaise. “It makes sense for individuals to have one, secure digital identity and use this each time they need to prove who they are, participating potentially in multiple token sales with just one identity verification. It’s great that they can use the Yoti app to verify their identity on Noku TokenRaise as well as in other sectors”.
“Noku is a community of people that want to exchange value and trust. We want our platform to be safe, easy to use, and be accessible to as many people as possible, continued Gorini. “We’re delighted to be working with Yoti to create a smooth experience when verifying the identity of their customers”.