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👋 What is this document about ?
At Grail, in close partnership with Polygon, we are excited to bring the power of privacy to your users and community. In this document, we aim to highlight how applications on the internet can take advantage of Privacy powered KYC protocol built by Grail, to verify their users and comply with international regulations
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What is privacy powered KYC Protocol and what are the advantages?
Grail is building the first end to end privacy powered KYC Protocol. The protocol and the solution works in below steps and provides several advantages
- No-code platform to verify your application users : Application admin is able to create and host verification pages using which they can verify user’s credentials. The admin is able to configure the credentials and business rules associated with such verificaiton. The verification page can collect additional information about the user and is hosted by Grail. This can also be embedded in to the application flow
- Re-usable credentials for the user : User’s don't have to go through KYC verification process more than once. They can re-use the credentials obtained first time by doing a simple QR code scan and approving transaction in a wallet. Makes the overall verification process a breeze and enhances overall user experience for your application
- Compliant with regulations : Application developer is able to use a No-code tool to view list of verified users and download relevant documents for compliance. Grail works with several well established document extraction and verification vendors in the backend to ensure that highest quality verification standards are adhered to
Overall, Grail provides the smoothest KYC experience ever without compromising on user experience and compliance
How to configure KYC for your application
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🍷 Step 1 - Configure and host verification page for your application
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https://youtu.be/fGCNu3kBiy4
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🍷 Step 2 - User verifies the credentials on the hosted page (acquires a credential if required)
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https://youtu.be/pn_Vwg_mWGU
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🍷 Step 3 - Application admin is able to view list of all verified users including user submitted information and KYC documents
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https://youtu.be/YxqQXMAx5fw
More Information about Grail
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🍷 Grail - High level overview
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https://www.youtube.com/watch?v=WBaHZ7aMNpY