Eliminate Repetitive Kyc Processes by Leveraging Blockchain and Ai for Efficient, Secure Identity Verification and Certificate Authentication.

  • Nigeria

    Location

  • 10

    Team size

  • Fintech

    Industry

About The Company

Project KYC is a pioneering startup dedicated to revolutionizing online authentication. Our KYC verification platform harnesses the power of blockchain technology to ensure unparalleled accuracy while significantly reducing document redundancy. We identified the need to boost precision and eliminate document duplications within our platform, which we successfully achieved through the implementation of cutting-edge machine learning models, advanced hashing techniques, and artificial intelligence.

Tech-Stack to Elevate Your Enterprise

We help enterprises recognize how blockchain platforms can be a perfect fit to reconcile the potential of their business model

  • Truffle
    Truffle
  • Kotlin
    OpenZeppline
  • Hardhat
    HardHat
  • INFURA
    INFURA
  • Alchemy
    Alchemy
  • C++
    Quicknode
  • Ganache
    Ganache
  • pinata
    Pinata
  • MetaMask
    MetaMask
  • Geth
    Geth
  • Chainlink
    Chainlink
  • Solidity
    Solidity
  • Vyper
    Vyper
  • Rust
    Rust
  • Python
    Python
  • C++
    C++
  • Solidity
    Solidity
  • Vyper
    Vyper
  • Rust
    Rust
  • Python
    Python
  • C++
    C++
  • Node Js
    Node JS
  • Ethers Js
    Ethers JS
  • web3js
    Web3 JS
  • React
    React JS
  • Angular
    Angular JS
  • Mysql
    Next JS
  • Node Js
    Node JS
  • Ethers Js
    Ethers JS
  • web3js
    Web3 JS
  • React
    React JS
  • Angular
    Angular JS
  • Mysql
    Next JS
  • the-graph
    The Graph
  • mango_db
    Mango DB
  • CouchDB
    CouchDB
  • the-graph
    The Graph
  • mango_db
    Mango DB
  • CouchDB
    CouchDB
  • the-graph
    The Graph
  • mango_db
    Mango DB
  • CouchDB
    CouchDB
  • MetaMask
    MetaMask
  • Trust Wallet
    Trust Wallet
  • Azure
    Binance
  • Coinbase
    Coinbase
  • WalletConnect
    WalletConnect
  • MetaMask
    MetaMask
  • Trust Wallet
    Trust Wallet
  • Azure
    Binance
  • Coinbase
    Coinbase
  • WalletConnect
    WalletConnect

The Problem Statement

Project KYC is an online document verification platform that offers high accuracy and minimizes document duplication. Thus, it saves the user from uploading the same documents for verification over and over again.

To allow the users to verify documents online, Project KYC required AI model training, hashing, and machine learning. It aspires to be the best business platform for helping banks, financial institutions, businesses and other organizations authenticate user identity quickly and efficiently.

The online authentication solution also ensures high security, resiliency and scalability by leveraging decentralization, achieved by leveraging blockchain technology.

  • The Challenge

    Project KYC wants to ensure that it offers a highly accurate and fast platform that minimizes document duplication for online authentication.

    To help the project achieve its objective, we developed an AI model that offers 90% accuracy in taking a live selfie to verify documents. Comparatively, most third-party solutions can deliver an accuracy of up to 75%.

    Another important challenge with Project KYC was to prevent uploading duplicate or fake documents, which we did by implementing hashing and blockchain.

    The hash of the document is saved on the blockchain network. Doing so facilitates verifying a certificate by fetching the respective hash of the document from the blockchain database.

  • The Solution

    A certificate is generated after a successful live selfie to document the authentication process. The document has the details pertaining to the recipient and the KYC certification company.

    We ensured that the hash generated is saved on the blockchain. When a document is scanned by an organization, the generated hash is matched with hashes stored on the blockchain database.

    If the hash is present on the blockchain, then the user is successfully authenticated and a notification or message is generated and sent to the organization.

Our Blockchain Development Process

Based on our experience of building several platforms for clouds, applications, and blockchain firms in Dubai, we have tailored our approach to match the ongoing blockchain industry advances.

03

Development

To assist clients minimize time to market and boosting ROI, our blockchain developers provide enterprise-grade solutions right from concept through design and development for a seamless user experience.

  • Consultation

    Consultation

  • Designing

    Designing

  • Development

    Development

  • Deployment

    Deployment

  • icon

    Maintenance

  • icon

    Migrate and Upgrade

The Result

We leveraged artificial intelligence and hashing to help the Project KYC team increase their accuracy in the authentication process and also to prevent duplication of documents on their online document verification platform.

Blocktunix took the entire ownership of the product to manage the blockchain implementation and use tools to generate hashes. With our skilled blockchain professionals, Project KYC was able to significantly enhance its online authentication platform.

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