XenChain accelerates and strengthen identity verification processes by using e-KYC technology that requires facial recognition, making manual document authentication a thing of the past. Personal data is encrypted and stored in a public ledger making it safe from breaches.
Xenchain, in cooperation with multiple trusted corporate data validators, will accurately acquire, validate and store identity data into a decentralized Blockchain. End users have full control over their data; companies can retrieve identity data (with end users’ permission) from Blockchain, thereby reducing cost and time
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