No. Security of NexeraID is a top priority, and the team is committed to ensuring that there are no breaches in this regard. NexeraID was never susceptible to any security breaches or exploits.
But… after initial sign up and kyc one can simply give the device and credentials to anyone else and gain access
Yes, it is possible for someone to give their device and credentials to someone else and gain access to the services and applications associated with the digital identity stored on the device. However, this is not unique to NexeraID and is a risk associated with any digital identity solution. To mitigate this risk, NexeraID offers multi-factor authentication, identity verification, and data privacy features. Additionally, the platform is designed to be fully compliant with regulations such as the upcoming MiCA regulation in the EU. It is important for users to take responsibility for their own digital identity and to keep their devices and credentials secure to prevent unauthorized access.
I saw all your messages, and let me correct few things as i think you have lot of confusions and mixing things. first of all: NexeraID is a Customer Risk Management platform that transforms the way Web2 and Web3 customer data insights are managed. It provides a unique solution for crypto compliance by combining customers' fragmented data, offering valuable insights, and implementing privacy-focused KYC processes along with SSID. The platform simplifies compliance in both regulated and unregulated crypto entities, emphasizing user privacy. It establishes a benchmark for secure, transparent, and efficient financial transactions globally. We connect with multiple top provider in the KYC KYB , KYT, Fraud prevention, trade surveillance and much more and the user data is unified. We alredy work with companies that are licenced or need this system to get licenced. We have board of compliance officers advisor in top VASP and CASP that built the whole compliance department for licenced entities and the product was built hand in hand with them. For privacy preserving compliance we have the SSID issuance integrated with top KYC provider and wallet screeningwith top KYT with ongoing monitoring. Once user do his KYC , even if data is in the browser , we partnered with top biometric company (that we will release soon) that has very Strong, privacy-focused passwordless authentication that dramatically reduces ATO fraud, ATO is characterized by unauthorized individuals taking over someone else's online account — such as a bank account, email account, or social media profile — without the account owner's permission. (Let s assume someone go throught the process and do KYC and give his data to someone else, in order to be decrypted this person must use advanced biometric authentication, so I guess eveyrtime he will call the person that sold him his data) Back to the SSID and verifiable credential, we are partner with PolygonId and top in their ecosystem, we have our VC schema that you can find here: https://marketplace.polygonid.me/credentials/cfaf3e81-0250-49cf-9646-940da4a5cee2 we focus with polygon ecosystem on the privacy preserving compliance and fully onchain gating with onchain rules engine that leverage zk proof, This is a demo from company perspective that releasing the widget inclyding the zk proof rules engine. https://app.claap.io/nexera/nexera-id-intro-2-c-2Sw3udsPq4-mlc5rUJd0gmB for information top consultancy firm are interested about our solution and due dilligence have been done, we are on the process of having SOC2 certification and toward of next year we will have ISO 27001. Before doing assumptions and false statement, you can just come and ask and we can provide all details ;)
I can continue for hours about this subject, I tried to summerise as much as i could, if any other questions please free to ask. However don t come and throw things in order to say other solution are better without even checking the solution itself :)
NexeraID is really bigger than what I thought
Mr Ajaja never dissapoints when there is confusion within the community.
and here the product we are onboarding client with
now that you saw the company perspective, and if the company trigger the privacy preserving. here you will see the end user perspective that will connect compliantly to app like uniswap and trade while leveraging his verifiable credentials or zk proofs when data is not required: https://app.claap.io/allianceblock/nexera-id-intro-c-rHErTpCkq3-DXW0A4q7zpb9
Lmao. Rachid, I appreciate your response but you merely confirmed what I was saying. The biometric part is coming soon but isn’t here yet.
my friend, a product is built step by step, tested with clients, and enhanced with iterative approach. it s never from 0 to 100, we onboard clients, we enhance the user experience, the infrastructure, the security, the right partners... etc come on man...
Step by step, a good product unfolds
This here is the proof enough for anyone who is questioning actually
Wow So much technical language 😶
True, the strategies are clear and evident
Sure that was really enlightening
Some people don't wanna see that, that's all
Why wouldn't they? I'm sure every real person would see that
Totally agree with this point
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