Noku TokenRaise Blockchain Integrates Yoti Digital App to Assist in User ID Verification
Yoti has stated that it is partnering Noku TokenRaise to introduce a secure identity verification service for the latter’s clients.
Yoti is a digital identity app whereas Noku TokenRaise is a blockchain-based solution that generates tokens for ICO projects. Therefore, this partnership will see Noku use the Yoti solution to authenticate their user’s identity. Instead of using hardcopy identification documents, Noku users will create digital profiles that are easily verifiable using QR codes.
The Noku TokenRaise platform allows individuals and businesses to easily create tokens. The process is simplified in such a way that people without programming skills and knowledge of blockchain technology can still make tokens.
Tom White, the head of Future Technologies at Yoti, noted that Noku users are greatly inconvenienced by the need to continually present hardcopy identification documents. The ensuing verification process is often time-consuming and frustrating. Tom believes that the integration of Yoti will solve these challenges by providing a quicker way of proving the identity of users.
The Yoti digital app is available for free for both iOS and Android devices. It is easy to use and only requires a selfie photo and an official ID to create a digital profile. The data is then encoded using the 256-bit encryption mechanism. Most importantly, the digital ID can only be shared after the owner gives consent.
Robert Gorini, the CEO of Noku TokenRaise, said that their platform emphasizes accessibility, security, and user-friendliness. Regarding Yoti, Robert said that the partnership will improve the efficiency of their operations and save money used on manual confirmation.