I did not understand what the purpose of this service is, or what exactly are you trying to sell? YouTube video does not show much information?
Everything works on-device, no additional services that need to be payed.
How can I verify identity within the application? How will the data be compared and verified?
The video did not score any views? I did search using Google and did not find any information? No links to download the app?
How much will the price be and how to verify/analyze the identity?
Was kinda confused at first too. The video explains nothing. Then saw the channel name. It is Cryptex or something like that. Googled it. Nothing comes up. Had to google Cryptex Exchange.
It is probably an app made for verifying your self and KYC purpose. You scan your ID and take picture of your photo. And you get verified.
Does not sound secure at all to be honest!