MyID is a digital wallet designed for safe storage and comfortable transfer of your private data. With a flexible solution that easily integrates with CRM / ERP systems through our API, digital onboarding is fast and trustworthy.
MyID wallet allows you to:
- verify the user's identity and credentials;
- securely store credentials;
- quickly and conveniently transfer credentials.
We believe that full ownership of your digital identity is one of the most important human rights to respect, which is why we have developed a platform that will allow you to keep your credentials private and protect them from fraud.
MyID platform solves the following problems:
- Time – accumulatively people spend hundreds of years filling online forms repetitively and waiting to get approved in order to get the desired service.
- Cost – Financial institutions can spend up to 100$ on procedures related to KYC, AML, and GDPR.
- Conversion Rate – Everybody knows more difficult, and complex is your onboarding procedure then more clients will drop from it.
- Privacy factor – Conscious person will think twice before providing some sensitive information to a service provider which he doesn’t have full trust.
The solution which we use is Self-Severing Identity (sometimes called the "triangle of trust"):
- Issuer – Trust to his Client (named as well: Holder) as they verified him and already have a business relationship.
- Holder – Trust to Verifier (named as well: Service Provider) as he is ready to send personal data in order to establish business relations with him.
- Verifier – Trust to the Issuer.
In this way, we establish the triangle of trust.
For your comfortable interaction with the world, we are constantly working on the introduction of new services and integrations in order to bring businesses and clients closer together, from different sectors like Health, Fintech, HR, Legal, Gov.
Join our network and verify your identity via our platform and discover a world of opportunities and services!
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