I had the occasion to speak about #nexera and #nexeraID in previous posts. In this post I will explain #NexeraID without using #NFT, #MetaNFT#ZKP or any #web3 word. Fasten your belt and be ready for an awesome journey:
1 - NexeraID: The digital passport and wallet that unlock seamless embedded compliance
2 - NexeraID is a #selfsovereignidentity issuance and verification platform that allows any institution to easily integrate complex compliance workflows, all while preserving the self-custody and security of consumers’ identity and assets.
3- Problem:
- credentials are easy to fake, hard to verify, and not privacy preserving by design.
- Hard for institutions & people to trust each other when exchanging information and data.
- Incorporating compliance workflows is costly and very complex
4- The challenge is to come up with an integrated platform that allows any institution:
- to easily onboard users based on self-sovereign identities (#SSIDs)
- integrate complex compliance workflows based on #VerifiableCredentials VC
- all while preserving the security & privacy
5 - We cracked it:
#NexeraID offers a set of tools that simplify the complete #SSID & #VC issuance and verification process
6 -
- Issuers - can plug to NexeraID to easily issue compliant VC directly to holders
- Holders - can store VC and assets securely and send them to verifiers for validation
- Verifiers - can verify VC validity but also leverage them in complex compliance workflows
7 - NexeraID can be integrated with any Custodial, Semi-custodial and Self-custodial #wallets.
8 - NexeraID Wallet Module:
Allows users to :
- Receive and send digital assets
- Interact with centralized and decentralized applications
- Store VCs in an encrypted manner
- Send VCs for verification
- Asset Recovery
9 - NexeraID Identity Module:
- Users can issue #SSID for themselves
- Institution can Issue VCs to users
- Users can handle VCs privately and submit them for verification
- Institutions can verify the validity of the Verifiable credentials
10 - NexeraID - Rules Module
Allows institutions to leverage VCs as part of custom verification workflows
- Browse already available rules
- Combine rules to create new ones
- Create custom compliance rules that leverage VCs, on-chain and/or off-chain data
- Deploy rules
11 - NexeraID - Compliance Module
Allows institutions to validate that users comply with common regulations like #MiCA, #FATF or any custom compliance workflows embedded in their app.
Compliance enforcement in the NexeraID powered CBDC Wallet while preserving privacy, self custody and self-sovereign identity - more to come
13 - NexeraID is paving the way for the next wave of innovation and disruption, putting the user at the centre, helping companies and institutions to implement complex workflow, lower the cost and bring new revenue streams
14 - NexeraID is a fundamental piece in the new financial infrastructure, financial services, #DeFi , #gaming, #socialFi, #gameFi and many more verticals. You can see my thread for the new infrastructure here:
15 - many companies have already signed to use / build on top of NexeraID from #web2 and #web3, including @duadotcom@BonqDAO@peaqnetwork, art backed lending, financial entities that issue financial instruments and structured products, and many more coming and to be announced.
16 - $ALBT has a central role which will increase its utility , details economics will be released in Q2 to show the whole picture of $ALBT utility and projections
17 - 2023 will be exciting for @allianceblock , for our community, as well as our trusted partners. #nomercy2023