Applicant Identity Authentication Module
Through the applicant identity authentication and access restriction module of insChain, information-sharing parties can share the KYC and other related personal information that have been verified through the blockchain, and also give users full control over their own KYC authorization records and autonomously control KYC Information Authorization Area. Once user’s KYC information is verified by a credible government agency or a notary public, the InsChain records the electronic signature of the verification agency on the blockchain. The KYC raw data is not on the blockchain, the encrypted token was generated based on the KYC data and verification agency signature. After receiving the KYC information and the corresponding encrypted token, the information demander of other scenarios can confirm the authenticity of the electronic signature of the previous verification agency and save the necessity and cost of re-verification.
    
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