Users
In the 21st century, data leakages are a major issue for both individuals and businesses. The graph's data increased due to increased remote work owing to the pandemic.
The most common initial attack vector, compromised credentials, was responsible for 20% of all breaches in 2021. Costs increased from $3.86 million to $4.24 million, the highest average total cost in the 17-year history.
According to cyber security companies, cybercrime could amount to $10.5 trillion by 2025.
Services
Currently, DeFi services do not have the ability to carry out KYC procedures.
For DeFi-lending, this limits growth opportunities — nearly all DeFi lending transactions require collateral of at least 100 percent of the loan's value, if not more. These requirements vastly restrict eligibility for many types of DeFi loans.
In addition, due to the lack of KYC procedures, services are becoming increasingly involved in money laundering schemes which lead to complications with the law.
Solution
For users
Hashbon Pass is the world’s first anonymous KYC
For services
DeFi KYC is now available
Why use it?
KYC in DeFi
Hashbon offers services and users a solution to the KYC problem. Our technology opens up the possibility of using Web 3.0 anonymity at a new level, while helping services reduce risks such as insolvency, debt evasion, & money laundering
KYC in CeFi
The NFT passport issued by our protocol can be used in classic centralized services (banks, exchanges, carsharing, etc.), as a means of verification. Users do not need to pass the verification process multiple times for every single website or service
Spam protection
A CAPTCHA is quite ineffective since AI can successfully pass it. On the other hand, CAPTCHAs are quite annoying. By making a request to the NFT Passport, services can ensure that there is a real person on the other side, without the transfer of any personal data
Anonymous 18+ checks
18+ verifications request a passport photo or a credit card from the user, though not everyone is comfortable with giving up their anonymity when viewing 18+ content. The Hashbon Pass NFT Passport allows services to confirm the user’s age without revealing their identity
Wanna learn how Hashbon Pass helps your business grow?
How Pass works
Hashbon Pass is a Reusable blockchain verification protocol supported by Ethereum, BNB Chain, Polygon and other EVM-compatible blockchains.
Our protocol combines three entities:
Verifiers
Users
Services
All you need to do is create your passport and pass KYC through a verifier. Afterwards, the authentication process on partner sites turns into a single click through connecting your wallet (containing your Hashbon Pass) to the service. There is no need to transfer personal data - the “verified” status is sufficient for partner services.
How it works ?
Passport creation
Key advantages
Is it really that anonymous?
Our product is designed in a manner that allows your data to be stored only by certified verifiers. Your data can only be shared upon a formal request by law enforcement agencies.
However, the transition to this system is quite radical and many services may be unhappy with the idea that they will no longer be able to utilize your data at their discretion. They may continue to ask you to share your information and will not grant you full access to their services without collecting your personal data.
That is why our NFT passport has 2 modes of operation - anonymous, & non-anonymous. You can decide which one to use, and with whom you may share your personal data, if you deem the service trustworthy.
Regardless of which mode of operation you choose, you will always remain anonymous in our system.
Our mission
Over the last 6 years, Hashbon’s vision has been to bring crypto to the day-to-day lives of businesses and crypto enthusiasts while simplifying the financial space. Established in the Czech Republic in 2016, the company provides fully-fledged cryptocurrency payment services both to businesses and individual users worldwide, inside both the DeFi and CeFi sectors.
With Hashbon Pass, we strive to achieve two main goals. Simplify the user’s interaction with the constantly-evolving DeFi space, and preserve the core values of the industry in the face of looming government interference and regulation.
We set out to make the impossible possible: Create the anonymous KYC/AML protocol. Our TAWP (Tokenized All Web3 Pass) protocol achieves these goals with the help of the underlying utility of NFTs.