Reusable KYC: Myth or Reality? [Live Event]

10/09/2024 56 min

Listen "Reusable KYC: Myth or Reality? [Live Event]"

Episode Synopsis

For years, reusable KYC has been the unicorn that ID companies chase but never catch. Its potential? Truly transformative: cutting down onboarding friction, speeding up transactions, and all without compromising fraud prevention.But here's the billion-dollar question: will reusable KYC ever become a reality? Let's find out together.(4:30) From the perspective of identity verification companies, what are the most significant benefits reusable KYC could offer? (9:00) How does the shift toward reusable KYC impact the existing revenue models of identity verification companies?(25:15) Which industries do you think are best positioned to adopt reusable KYC first, and why?(41:25) Is reusable KYC a viable reality or just an industry buzzword?(44:50) How can you monetise Reusable KYC issuance? (48:15) How often does a reusable credential representing Tim's identity need to be 'refreshed'?(54:30) Do any of you see a potential economic model whereby relying party A can monetise credentials/reusable identities shared with them with relying party B?(51:55) Does it make sense for users to pay for their digital reusable ID? 👥 Meet The Panelists▶ Bertrand Saby, VP of Western Europe at Daon▶ Timothy Brown, Global Identity Officer at Prove▶ Hos‍t: Nick Lambert, CEO at DockEXPLORE:Website - https://www.dock.io/FOLLOW:Discord - https://discord.com/invite/feW8KGf7r3 LinkedIn - https://www.linkedin.com/company/docknetwork/LEARN MORE:⁠Decentralized Identity⁠⁠Self-Sovereign Identity⁠⁠Verifiable Credentials⁠⁠Decentralized Identifiers (DIDs)⁠⁠Blockchain Identity Management⁠⁠Digital ID Wallet⁠⁠Digital Identity⁠⁠EU Digital Identity Wallet⁠⁠eIDAS 2⁠

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