Verifiable identity is the future of protecting your digital assets.
As mentioned in the US Digital Assets Report created by the President's Working Group on Digital Assets:
- The report highlights the need for further exploration of private sector tools to adequately verify customers and protect their data.
- Some identity tools combine online and offline components, such as requiring physical presence or documents for verification.
- Zero Knowledge Proofs are mentioned as a potential tool to verify identity without revealing underlying personal information.
- Identity tools could be used by regulated digital asset intermediaries to support onboarding and ensure compliance with AML/CFT regulations.
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