CLEARS Identifies every customer after the first KYC is completed. A unique hash is stored inside the Ethereum blockchain to guarantee the integrity of the data.
Each company using CLEARS can use its own rules to remain compliant with local and international regulations. CLEARS will continue to check and certify data along the way.
CLEARS provides a unique KYC certificate stored inside the blockchain. Security is guaranteed from end to end, no data is shared by CLEARS. Data is only matched and validated.
No longer than 30 minutes after the documents are submitted, CLEARS completes the KYC. When a user already completed a KYC with CLEARS, the process becomes instant. Adding KYC process to any website will eventually be as simple as implementing Google Analytics. A single line of code will be enough to indicate where the process starts.
Each KYC is encrypted and hosted by CLEARS and no data is shared with/by anyone. A hash of the data is stored daily in the blockchain to ensure data integrity. CLEARS can process KYC around the globe in accordance to local or international regulation. CLEARS offers one of its kind privacy without compromising on accuracy. Fully General Data Protection Regulation compliant [GDPR].
KYC costs and delays are notorious to cripple the crypto industry. Providing service for 20,000 customers starts at ~$800K. By using the same data several times, CLEARS offers a much lower pricing with better efficiency.