Metaverse refers to the concept of a highly immersive virtual world where people gather to socialize, play, and work. It’s the next chapter for the internet (Mark Zuckerberg). Metaverse is the virtual representation of the universe for people to interact. The technologies that make up the metaverse include virtual reality—characterized by persistent virtual worlds that continue to exist even when playing or living or working—as well as augmented reality that combines the digital and physical worlds. Metaverse is a digital economy, where one can create, buy, and sell goods.

Metaverse allows you to create a persona that you can take everywhere. mob id is a hybrid identity based upon the real legal identity of the person. mob.id can be used in the real world and in Metaverse, thus hybrid. You can visit the bank account in the real world, the virtual world and in Metaverse.

mob id’s zero friction during onboarding positively differentiates the organizations in metaverse in a market where digital services have become the norm and consumer trust breeds brand loyalty.

Cryptocurrency remains appealing for criminals due to its pseudonymous nature and the ease with which it allows users to send funds anywhere, even despite its transparent and traceable design. Effective Anti Money Laundering (AML) and Know Your Customer (KYC) regulations have two important consequences: first, they make laundering schemes more risky and less profitable; second, they create new avenues by which investigators can catch and prosecute criminals. Effective AML/KYC procedures among cryptocurrency businesses are essential. AML/KYC starts with identification of the user.

mob id helps compliance officers stop many schemes before they start. FATF clarified earlier that NFT marketplaces, DeFi protocols, and stablecoin providers, depending on the activities in which they engage, are also obligated to adopt KYC compliance and monitoring solutions.

mob id is a decentral identity ecosystem fully independent of whichever blockchain technology. Mob.id can be integrated in every blockchain based solution!

mob id is fully zero friction based and uses a zero trust architecture. mob id turned KYC into a fully automated process and it takes a new customer only a few easy steps to be verified.

mob id’s zero friction during onboarding positively differentiates the crypto industry in a market where digital services have become the norm and consumer trust breeds brand loyalty.

Car Rental operators and vendors face different challenges while managing reservations and resources. With mob id’s easy 4 steps registration the customer is fully verified using his passport or ID card. A biometry check is performed with the customer and the biometry and identity information on the documents are compared. Mob id verifies if the user is genuinely present at the moment of verification as well. When needed extra information can be added by the user, such as telephone number, email address. When a new customer registers with the rental company, the customer is verified against the internal databases to make sure the person is not on an internal watchlist. Identity fraud is commen when stealing cars and can be remedied using realtime identity verification against legal identities.

All data needed are prefilled using the information of the authentic and valid identity document of the user. When the rental company accepts this user as a customer, a new customer identity is stored securely on the phone of the user for re-use. For many rental companies, especially in big cities, the biggest challenge is to deal with overseas customers. mob id verifies all ePassports and ID-cards.

mob id’s zero friction during onboarding positively differentiates the rental company in a market where digital services have become the norm and consumer trust breeds brand loyalty.