Abandoned carts by first time customers is bad for business, as every online retailer will tell you. Part of the issue is with all the personal information customers need to fill in to make a payment and make sure the products are delivered where they need to be. Users that log in with their onchain identity can automatically give you access to the information you need to complete a purchase.
In most countries, access to adult content needs to be restricted to people over the a certain age. To fully comply with often times conflicting regulations while ensuring privacy of users, websites featuring adult content can use our onchain identity system to make sure users are a certain age while never gaining access to any further information identifying the individual user.
Using our identity verification solution, online gambling websites can satisfy regulators without loss of privacy for its users. Users can verify a government-issued ID document on Legally Chained and use that verified onchain ID to log in to online gambling websites, never revealing more that is legally needed.
With immutable documents, you can guarantee authenticity without using a notary service, reducing your legal risks and overall costs. Furthermore, storing documents which includes personal identifiable information requires additional security measures to be legally compliant.
Social media has become a big part of our lives and influences the real world. An increasing problem is the use of manipulation and deceit to spread misinformation. To combat this issue, the identity of users of social media can be legally verified through our onchain identity system without loss of privacy for users.
Mandated by jurisdictional licensing requirements, gaming operators can use our verification capability to make sure that their customers are who they say they are, to keep cyber-criminals at bay and ensure they comply with regulations.
Ensure age and geographic jurisdiction requirements are met and deliver a frictionless onboarding process.
Reduce fraud by having the ability to reveal the true identity of the person on the other end of the transaction.
Ensure regulatory compliance including KYC and AML in real-time as if your user is standing in front of you.
With the Legally Chained onchain identity management, the identity of users consists of attributes that have been attested by Legally Chained. This identity can be shared with other applications, who can be assured of the accuracy if the data without loss of privacy for users.
- Open, fast and reliable
- Verified identities encourage accountability
- Quickly deployed
- Regulatory compliant
- Metanet compatible