ProofOfID provides a decentralized, encrypted platform for secure identity sharing, giving users full control over their personal data while enabling businesses to verify identities at scale. The solution combines AI‑driven real‑time fraud detection with compliance automation for regulations such as GDPR, KYC, and AML, allowing high‑volume verifications without compromising privacy or auditability.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses need to verify user identities at scale while protecting personal data, but centralized verification systems create single points of failure, increase breach risk, and often struggle to stay compliant with evolving regulations such as GDPR, KYC, and AML.
Solution
ProofOfID offers a decentralized, encrypted identity‑verification platform that gives individuals full ownership of their data and lets organizations perform secure, high‑volume checks. User data is stored off‑chain and transferred only in encrypted form, eliminating centralized repositories that attract attackers. An AI engine continuously monitors verification requests for fraud patterns and enforces real‑time compliance rules, producing auditable logs for regulators. The system scales globally, handling large transaction volumes without sacrificing latency, and updates its defense mechanisms automatically as new fraud tactics emerge.
Target Audience
Primary customers are digital platforms, financial services, and enterprises that require large‑scale, compliant identity verification for users, as well as any organization seeking to reduce data breach risk while maintaining user privacy.
Features
- Decentralized data storage with end‑to‑end encryption to prevent centralized breach exposure
- User‑controlled data vaults that allow individuals to grant and revoke access to their identity information
- AI‑driven fraud detection that analyzes verification attempts in real time and adapts to emerging threats
- Automated compliance engine that enforces GDPR, KYC, AML and other regulatory requirements during each verification
- Transparent, tamper‑evident audit trails that provide verifiable records for both businesses and regulators
- Scalable architecture designed to handle high‑volume identity checks across multiple regions with low latency