Digital Transaction Limited
XPLL

Digital Identity Verification

With

Spoof-Proof Biometrics

eKYC-Chain is a blockchain + biometric system for secure and effective verification and authentication of identity, its applications range from any internal business procedures to KYC or AML compliance. The uniqueness of eKYC-Chain comes from its built-in live anti-spoofing facial detection and blockchain-enabled ability to detect duplicate entries, enforce flexible access policies and so on.
ekycChain

Why is ParallelChain® necessary for KYC?

ParallelChain® completes the functionality of eKYC-Chain by ensuring safe and proper handling of data collected from the verification process. In addition to the fact that all data are stored immutably on ParallelChain® , each and every access to the data is also tracked and recorded, effectively detering insiders from leaking or misusing the data. ParallelChain® also uniquely addresses any concerns of privacy by allowing certain data to be permanently removed upon request, making it the only blockchain available today that helps organisations comply with the highest standards of data protection laws, including the EU's GDPR.

Advantages

matching
Instant Selfie-to-Photo ID ​Matching

Anti-spoofing facial recognition that matches and verifies user’s live selfie to their photo ID in real time

fushion
Spoof-proof Physical-digital Identity

Reliable face verification with spoofing detection that pre-empts identity fraud and establishes a link between the physical and digital identity

duplicate
Duplicate Record Detection

Data is automatically checked for duplicates right when a user provides it. Suspicious accounts that call for investigation are easily identified

verification
Trustworthy Verification

Designed to aid processes that involve identity verification – from internal business procedures to regulatory compliances such as KYC and AML

compliance
Data Protection Compliance

Most organizations are expected to abide by the EU’s GDPR and other data protection regulations, all which eKYC-Chain is fully compliant with

alert
Effective Fraud Risk Alert

Via tracking and analysing the time stamps and location of submission

portal
Web + Mobile Portal

Supports multiple pre-defined user flows of different verification processes beyond KYC. Mobile portal available on Android and iOS.

OCR
High-precision OCR

Able to recognize and convert various types of official documents, such as passports and business registration certificates, from different countries