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.
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.
Hashbon Pass is the world’s first anonymous KYC
With the help of our TAWP (Tokenized all Web3 Pass) protocol, you can complete verification and registration procedures with one click without the transfer of sensitive personal data
Your data is stored solely by licensed verifiers who are obligated to follow GDPR. This means that none of your information can be shared with any third parties without your prior authorization
Throughout utilization of your personal information, we limit access to your personal data and their visibility to services as much as possible. Only the user’s age is stored in a public form
DeFi KYC is now available
Encrypted KYC & secure data storage. Reliable verifiers—leaders of the industry—are responsible for protection against bots, fraud, and information forgery
There is no need to deploy your own infrastructure. Storage and user information processing are conducted by licensed verifiers
You can filter and sort users by criteria such as age, citizenship, and interests. You can also find out if the user is present on international blacklists
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
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:
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 ?
The user logs in to their personal account using Metamask or other similar wallets
The user pays a commission for issuing a new passport, receives an empty passport, then fills it out
Data is sent to the selected verifier for verification
The verifier checks the data and enters it into a decentralized repository, thereby confirming the issue of the passport
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.
The Hashbon FiRe ecosystem
Payment gateway that offers a quick and easy way to send & receive crypto payments
Protocol that grants you full access to services without transferring your personal data
Fuel for the Hashbon FiRe ecosystem
Cryptocurrency wallet and a simple cryptocurrency exchanger
CDEX dApp with native staking & farming support
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.
Launching the Hashbon Pass MVP. Publication of the Hashbon Pass specification for the integration of client services.
Improving the UI of user personal accounts and website.
Connecting 2-3 KYC providers. Adding Biometrics.
Pitching and launching partnerships with DeFi protocol developers. Verifier rating.
Q4 2022 – 2023
Release the software’s open source code for verifiers. Development of a mobile application and browser extension.
Social rating. Credit rating.
Featured in media
"Hashbon takes care of the KYC and AML requirements. In under 5 minutes, buyers/consumers can scale the identity verification process and become eligible to buy products or pay for services with cryptocurrencies."
"Hashbon Rocket will prove itself useful due to the fact that it solves prevalent issues in the market such as increasing Ethereum gas prices, blockchain incompatibility…We encourage users to head over to Hashbon Rocket’s page and try out the platform for themselves."
"In light of Hashbon Rocket’s unique value proposition, users will be able to swap an ERC20 token for another token that is compliant with the BEP20 standard and vice versa while creating liquidity pools."
"Hashbon Rocket’s system is built around security with arbiters verifying transactions in consensus. The platform follows the newly implemented financial model of proof of stake, which is both efficient and sustainable."
"Hashbon’s Rocket is looking to build a truly decentralized cross-chain exchange that would allow users to swap tokens across a plethora of blockchains."
"Founded in 2016, Hashbon is striving to become a market leader in the cryptocurrency payment processing niche. Its goal is to deploy the most modern, user-friendly, and secure payment solution."
"This pioneer CDEX platform (Hashbon Rocket) seeks to solve the problem of exchanging any ERC-20 token for any BEP-20 token in a decentralized finance manner…"
"With developers tilting towards several aspects of the crypto and blockchain space, a plethora of projects have been launched to solve this problem, thus, enabling the flawless exchange of information and value between isolated chains, Hashbon Rocket is one of such."