To reduce data exposure of user's personal identification information and enhance the privacy of user's data while performing KYC verification to prove their identity at unlicensed private entities like hotel, vehicle renting, etc by providing digital solution leveraging ZK proof technology and decentralized storage infrastructure of Blockchain to store ID validation record in tamper proof manner.
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Private Sector Funding
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Public Sector Funding
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Technology(5)−
Tech Stack Self Description
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Sedax is a platform which allows user to share encrypted digital copy of gov issued ids like aadhaar to any service provider for KYC verification and record of exchange between 2 parties is recorded over blockchain based server, sharing digital copy of ids eliminates need of hard copy submission of ids of user which protect user data from exposer and leakage of data and protect users data from being misused by criminals to commit crimes like financial fraud and fake id forging.