Want to do KYC without touching the original data?
Boundless can act as a 'privacy filter': users generate zero-knowledge proofs locally, only putting qualified/unqualified conclusions on the chain or providing them to the reviewer, while banks receive verifiable compliance certificates instead of sensitive information. This satisfies the regulatory demand to see evidence while protecting user privacy and reducing compliance risks associated with cross-border data transmission.
Three hard indicators must be considered at the implementation stage:
1) Delay and cost of issuing a single KYC proof;
2) Verifiability - Can the auditor independently verify the proof path;
3) Can the dispute and arbitration process restore the judgment logic without exposing the original data? If these perform well, Boundless can turn privacy protection and compliance review into a service that enterprises are willing to pay for. @Boundless #Boundless $ZKC
