Privacy-preserving identity network based on verifiable proofs for the financial ecosystem.
Privado Network is a Know Your Customer (KYC) verification and compliance solution utilising blockchain and
Zero-Knowledge Proof (ZKP) technology.
Protect User Data
Reuse Trusted Data
KYC verification for
Benefits for VASPs
Privado Network helps businesses in the financial sector to fulfil their legal and regulatory obligations to “know” the identity of their customers without needing to process or store their customer's personal data.
Adapting to the continuously changing legal and regulatory framework to ensure that network Members are compliant with KYC/AML/CFT, data protection (GDPR) and data retention policies and regulations.
Expensive in-house compliance departments are no longer needed to carry out KYC checks. Zero-Knowledge technology means faster, less expensive verification costs. Members can also have most, if not all, of the verification costs rebated through network incentives.
Members no longer need to hold large quantities of personal data, substantially reducing their regulatory and reputational risk of data being leaked or hacked.
Smooth User Onboarding
The KYC process only needs to be completed once for a customer to be able to connect to any Member of the network with verification in minutes.
for the world
Providing users a powerful and convenient ecosystem to take control of their digital identity. Utilising ZK-Proof technology for optimized network privacy, efficiency, and security.
User data is encrypted and securely stored using cryptographic proofs called ZK-SNARKs, adding an extra layer of protection for Users and their data.
Full Control over Digital Identity
Users can access and control all of their personal data in one place, at any time. They decide when they want to share their information, what information will be shared, and with whom.
Once identity is verified users can easily share their verification with other Privado Network members, no need for muiltiple verifications.