At Success Capital Bank we have implemented NFT technology
A bank that is always opening its horizons to improve the quality of life of our clients, innovation leads to success and prosperity, for this reason we have decided to opt for NFTs.
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These new technologies will change the entire financial field
At Success Capital Bank, we are always looking for new ways to improve our services and processes. One of the ways in which we are innovating is through the use of NFTs (Non-Fungible Tokens) to verify the identity of our clients in the KYC process.
An NFT is a special class of cryptocurrency that represents a unique and non-transferable digital asset. In our case, we are using NFTs to create a digital identity document that is used as a universal verification measure in the KYC process.
The creation of an NFT for the identity document is done as follows:
1. The client scans or takes a photo of his identity document and uploads it to our platform.
2. The information is verified and an NFT is created containing the customer’s ID information.
3. The NFT is associated with the client’s account on our platform.
4. The NFT is stored in a chain of blocks, guaranteeing the security and immutability of the information.
NFTs offer a much more secure and transparent service than most services
By using NFTs for identity verification, we are providing a secure and transparent solution that allows our clients to share their information securely and privately, while complying with anti-money laundering regulations. In addition, identity verification through NFTs allows for a faster and more efficient process, eliminating the need to send physical documents.
At Success Capital Bank, we are committed to innovation and always looking for new ways to improve our services for our clients, using emerging technologies such as NFTs to achieve this.