Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HASH] Hashbon Pass - an innovative solution to the KYC problem by Hashbon
by
Hashbon
on 14/06/2022, 11:07:45 UTC
Quote from: Abusadaoxes on June 13, 2022, 09:05:46 PM
Quote from: Hashbon on June 06, 2022, 01:57:44 PM
Quote from: TimeTeller on June 03, 2022, 10:47:43 PM
As you said, it is anonymous KYC. I am curious, what details are you gonna ask from users?
How it is anonymous KYC? Can you elaborate more on this?
If there will be no transfer of personal information, how are you going to get the details of the users?
And from the list of your partners, what kind of collaboration do you have on them?

We don't ask for any details from the user, they just fill up a nickname when creating the passport. Once they've created one, they will they'll have to submit their documents for verification. Once the user is verified, the passport then is marked "verified". Since the submitted document has been verified by licensed verifiers, the "verified" status on their end is sufficient for partner service providers. This means that you can start using their service without having to provide them with your documents, even if they require you to pass KYC.

This, as a result, dramatically reduces the distribution of your data, meaning that if a certain database of a service you've used becomes compromised, your data will not be at risk.

Additionally, the IT industry has become quite malicious with regards to user data distribution. This allows the user to be in control of their own data, with their authorization being the decision-maker on who can and cannot be granted access to their data.

You may refer to page 15 of our White Paper to learn more about Hashbon Pass' Description of the biometric verification process, which provides a description of the Hashbon Pass protocol algorithm.

If you'd like to read up on what data is stored on the blockchain & by verifiers, you may refer to page 18, "How the Hashbon Pass
Protocol works".


As for your question regarding partners, we were able to increase our reach as well as integrate additional features further expanding on our utility:
  • Our ONTO partnership brought ONTO wallet support to the Hashbon Rocket dApp, as well as 4000 USD in rewards for our combined communities.
  • Our Polygon partnership brought support for their blockchain, allowing users to complete transactions using Polygon HASH Token with minimal transaction fees, saving our users a lot in fees.
  • UniFarm's partnership brought staking to our clients with incredibly attractive APYs prior to the release of our native staking & farming.


All of our decisions regarding partnerships take into consideration our community of HASHtronauts.
What kind of documents are you accepting?Do you store these documents?

We don't process or store any user documents. Once the user creates a passport, they send their documents for verification to a licensed verification provider that is obligated to comply with GDPR. Since they're licensed, they're qualified to work with user data. These verifiers accept a wide range of ID documents, including a driver's license, Passport, or a personal identification card. In addition, our NFT passport can run in a non-anonymous mode, which allows you to use it as a personal document for verification. This mode will transfer your data in case the service provider is adamant on receiving personal data before granting you full access to the service. SSI allows you to decide when you'd like to surf the web anonymously and when you'd like to share your data. Who you grant access to your data is ultimately your choice.