Know Your Customer (KYC) verification is an essential part of ensuring safer gambling compliance for operators, and a key component in making sure the right people are using your site.

Many KYC solutions on the market can be quite clunky, detract from the end-user experience and create a swathe of messy data in the backend.

Very often sites can be flooded with half-finished and incomplete KYC verifications from potential new sign-ups who have given up on the process or have privacy concerns regarding the information they’re asked to submit.

We offer a Tokenisation solution to your site’s KYC verification requirements that keeps your KYC secure and well-groomed.

By taking a new sign-up’s entered KYC information and tokenising it – creating a unique asset that holds this information – we create an encrypted, unique and immutable record of a player’s KYC documentation that exists in perpetuity.

Once recorded on the blockchain, this token can’t be retroactively edited, modified or tampered with, ensuring the integrity of the data captured.

KYC tokenisation makes it easier for you to validate a player’s details by referring to one source of truth, in turn reducing costs by eliminating redundant KYC verifications.

Players benefit from greater privacy and protection of their personal details, as the token itself doesn’t reveal any personal information. Additionally, regulators have a clear and transparent resource to draw from during investigations into operator and player communication.

Tokenisation opportunities are also available for Know Your Business (KYB) checks, offering a decentralised platform for businesses to efficiently evaluate suppliers and partners. Providing your information in a decentralised, neutral space facilitates more open and transparent business practices – improving industry collaboration, fostering greater trust and ultimately more fruitful partnerships and growth across the industry.