Identity verification and KYC
IBDT provides an identity verification and KYC system "Perseus 3" to meet the requirements for identity verification and KYC for using CBDC to ensure the identity of users and the legitimacy of transactions. It involves the implementation of digital identity verification technology and compliance standards:
Identity verification: The identity verification and KYC system "Perseus 3" provided by IBDT requires users to verify their identity to ensure the authenticity and legitimacy of their identity. Identity verification uses various methods, including traditional identity document verification (such as ID card, passport), digital identity verification (such as electronic ID card, digital certificate) and biometric technology (such as fingerprint, facial recognition), etc.
KYC: Know Your Customer is a compliance procedure aimed at verifying a user's identity, obtaining their background information and assessing their risk level. The specific requirements and procedures of KYC will vary depending on the country and central bank regulations.
KYC updates and monitoring: "Perseus 3" regularly updates KYC information and conducts monitoring and risk assessment. This facilitates ensure the accuracy and timeliness of user information and empowers central banks monitor and prevent any potential fraud or money laundering activities.
Protection of user rights and interests: During the identity verification and KYC process, "Perseus 3" will make every effort to protect users' rights, interests and personal data.
