KYC Web3 Platform

Introduction

SeiBear integrates a KYC (Know Your Customer) platform in the Web3 domain, designed to provide decentralized identity verification solutions for blockchain applications and services. By leveraging blockchain technology and decentralized identity standards, SeiBear enables users to verify their identities securely and safely while allowing businesses to comply with KYC and AML (Anti-Money Laundering) regulations within the Web3 environment.

One of the main advantages of using decentralized KYC solutions like SeiBear is the ability to protect users' privacy. Instead of storing personal information on centralized servers, data is encrypted and stored on the blockchain, enabling users to retain full control over their information and share it only when necessary. This not only enhances security but also reduces risks related to data breaches.

Additionally, integrating decentralized KYC solutions into Web3 wallets such as Tonkeeper or Binance Web3 Wallet can provide a more seamless user experience. Users can easily verify their identities and access decentralized financial (DeFi) services without undergoing complex and time-consuming KYC processes.

However, when using KYC services in the Web3 environment, users should exercise caution and choose reputable providers to ensure the safety of their personal information and digital assets.

Use Cases for SeiBear Platform

1. KYC Integration for Platform Services

Technical Complexity: Medium to Advanced Best For: Companies with a live product or in the process of development

Step 1: After users log in to the SeiBear platform, retrieve their unique user ID from your database.
Step 2: Generate a SeiBear KYC Widget using your SeiBear Client ID and the user’s unique ID (refId).
Step 3: Users complete and submit the KYC form through the SeiBear widget.
Step 4: Submitted user data is sent to the SeiBear dashboard for review:
- Option 4.1: Your team reviews and approves the KYC data manually.
- Option 4.2: Enable auto-approval to approve user data without manual intervention.
Step 5: Upon approval:
- Option 5.1: Use a SeiBear webhook to automatically receive user data and store it in your database.
- Option 5.2: Utilize the SeiBear API to fetch user status and/or data based on their unique ID.
Step 6: Execute your business logic for KYC-approved users, such as enabling access to premium features or services.

Key Tool: The SeiBear dashboard is hosted on the cloud, allowing easy access for identity management.

2. Request Verified Identities via Email

Technical Complexity: Easy Target: Companies without a technical team

Step 1: Set up a service in the SeiBear Admin Console:
- 1.1: Name your service (e.g., your company name or specific product).
- 1.2: Upload your company logo for branding purposes.
- 1.3: Take note of the auto-generated SeiBear Client ID for sharing the verification link.
Step 2: Define KYC requirements by selecting the attributes needed for verification (e.g., name, document type, proof of address).
Step 3: Provide your company billing details and select a subscription plan for identity verification certificates.
Step 4: Generate a verification link in the following format: https://verify-with.seibear.org/?clientId=Your_Client_ID (Replace Your_Client_ID with the Client ID created in Step 1.3.) Example: https://verify-with.seibear.org/?clientId=awesome-company-xyz123.
Step 5: Share the verification link via email with individuals requiring identity verification.
Step 6: Test the link to ensure the form works correctly before sending it out.
Step 7: Review verified identities in the SeiBear dashboard.
Step 8: Export verified identities as a spreadsheet for further use.

Key Benefit: Simplifies KYC for companies without technical expertise, allowing them to verify identities quickly and efficiently.

These use cases demonstrate the flexibility of SeiBear’s KYC solutions, catering to both technically adept companies and those without dedicated technical teams.

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Last updated 1 month ago

Introduction

However, when using KYC services in the Web3 environment, users should exercise caution and choose reputable providers to ensure the safety of their personal information and digital assets.

Use Cases for SeiBear Platform

1. KYC Integration for Platform Services

Technical Complexity: Medium to Advanced Best For: Companies with a live product or in the process of development

Step 1: After users log in to the SeiBear platform, retrieve their unique user ID from your database.

Step 2: Generate a SeiBear KYC Widget using your SeiBear Client ID and the user’s unique ID (refId).

Step 3: Users complete and submit the KYC form through the SeiBear widget.

Step 4: Submitted user data is sent to the SeiBear dashboard for review:

Option 4.1: Your team reviews and approves the KYC data manually.
Option 4.2: Enable auto-approval to approve user data without manual intervention.

Step 5: Upon approval:

Option 5.1: Use a SeiBear webhook to automatically receive user data and store it in your database.
Option 5.2: Utilize the SeiBear API to fetch user status and/or data based on their unique ID.

Step 6: Execute your business logic for KYC-approved users, such as enabling access to premium features or services.

Key Tool: The SeiBear dashboard is hosted on the cloud, allowing easy access for identity management.

2. Request Verified Identities via Email

Technical Complexity: Easy Target: Companies without a technical team

Step 1: Set up a service in the SeiBear Admin Console:

1.1: Name your service (e.g., your company name or specific product).
1.2: Upload your company logo for branding purposes.
1.3: Take note of the auto-generated SeiBear Client ID for sharing the verification link.

Step 2: Define KYC requirements by selecting the attributes needed for verification (e.g., name, document type, proof of address).

Step 3: Provide your company billing details and select a subscription plan for identity verification certificates.

Step 4: Generate a verification link in the following format: https://verify-with.seibear.org/?clientId=Your_Client_ID (Replace Your_Client_ID with the Client ID created in Step 1.3.) Example: https://verify-with.seibear.org/?clientId=awesome-company-xyz123.

Step 5: Share the verification link via email with individuals requiring identity verification.

Step 6: Test the link to ensure the form works correctly before sending it out.

Step 7: Review verified identities in the SeiBear dashboard.

Step 8: Export verified identities as a spreadsheet for further use.

Key Benefit: Simplifies KYC for companies without technical expertise, allowing them to verify identities quickly and efficiently.

These use cases demonstrate the flexibility of SeiBear’s KYC solutions, catering to both technically adept companies and those without dedicated technical teams.