Authenteq is an online identity and KYC platform that allows your users to verify their identity instantly so you know who you are dealing with.
The initial sign up process takes under 90 seconds and it is 100% automated; unless they already have an Authenteq ID in which case it takes under 3 seconds to verify their identity, without them needing to use a password.
The onboarding process is automated, quick and accurate. After downloading the app, the user takes a selfie, then scans his/her government issued passport. We determine if the user is a live person taking the photo in real time and that the passport is authentic.
We use government grade facial recognition algorithms to compare the biometric facial features of the user with the person on the passport.
If everything checks out and passes our criteria, we install a digital certificate on the user's phone and the user’s information is stored hashed on a permissioned blockchain (distributed ledger) solution.
Problems solving:
- KYC (Know Your Customer)
- Identity theft and fraud
- Credit card theft and fraud
- Growing fear of personal information misused and lost due to increased database hacking
- Replacing current expensive and time consuming manual identity checks
Advanced Proofing and Verification Technology:
- 100% automatic advanced AI technology
- User owned and controlled, self-sovereign online eID
- Using the blockchain allows access to the ID anywhere without the risk of a major security breach
- Stability and reliability improvements
9Apps 4.9
