Skip to main content

What Is the Role of a Decentralized Identity (DID) System in Preventing AML/KYC Breaches?

A DID system allows users to own and control their verifiable credentials (e.g. a KYC check) without storing them on a central database. For a decentralized stablecoin, a DID system could allow a user to prove they have completed KYC to a regulated front-end, enabling access to certain services while keeping the core protocol permissionless and preserving user privacy.

How Can “Decentralized Identity” (DID) Solutions Potentially Aid DEX Compliance?
How Can a User’s DID and Associated Credentials Be Recovered If They Lose Access to Their Private Keys?
How Can Decentralized Identity (DID) Solutions Be Integrated into Stablecoin Protocols without Compromising User Privacy?
How Do ZKPs Help with Decentralized Identity Management?