Verisoul Docs

Privacy Preservation

Verisoul’s top priority is enabling a safer, more secure Web3 that is both free of fraudsters and also protects your privacy and anonymity.

Status Quo

Identity challenges plague the internet. Bots and scammer accounts continue to grow - over 50% of all new accounts created on the internet are fake or malicious. The existing solutions to identity challenges do not meet Web3 standards of anonymity and privacy.

Know your Customer (KYC)

  1. 1.
    Ties user’s identity to government issued identity
  2. 2.
    Not privacy preserving - sensitive PII is shared and stored
  3. 3.
    Doesn’t actually solve uniqueness - can easily be gamed
  4. 4.
    Identities can be purchased for <$10 to game the system

Decentralized Identity

Bright ID / Proof of Humanity

  1. 1.
    Not privacy preserving (must do several minute video call)
  2. 2.
    Takes significant work and time to onboard - not in real-time
  3. 3.
    Doesn’t solve uniqueness - can easily be gamed
  4. 4.
    Identities can be purchased once they have completed onboarding

On Chain Identity (ENS)

  1. 1.
    Fully privacy preserving & anonymous
  2. 2.
    Does not do deduplication
  3. 3.
    Can very easily be gamed to make multiple identities

Verisoul's Approach

Verisoul employs privacy preserving techniques to enable uniqueness and liveness verification without KYC or other privacy invasive techniques.
Verisoul DOES NOT store any user recordings, images, or videos IN ANY STATE.
Read more about our biometric onboarding process:
Last modified 5mo ago