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walt.id· 25 Jun 2024 L2 · Minor

Walt.id adds IDnow identity verification to its wallet stack

IDnow integration ↗ · repeat of an earlier article

What happened

  • Walt.id announced that governments and businesses can use IDnow's solution via the walt.id stack.
  • After a successful IDnow check, users receive an identity credential or soulbound token (SBT) holding the verification results.
  • Credentials can be issued as Verifiable Credential, mdoc or SD-JWT formats, or as a Soulbound Token to any EVM-compatible wallet.

Why it matters to Signicat

  • The integration makes IDnow-verified KYC reusable as credentials, a direct overlap with Signicat's document IDV and Wallet Hub reuse positioning.
Evidence from the source (4 quotes)
  • “We are proud to announce that governments and businesses can use IDnow’s solution via the walt.id stack.” source ↗
  • “After a successful check with IDnow, users receive an identity credential (e.g., core ID, KYC, date of birth, address, …) or soulbound token (SBT) holding the results of the passed verification.” source ↗
  • “The identity credential can be issued as a digital credential in different formats (Verifiable Credential, mdoc, SD-JWT) or even as a Soulbound Token (SBT) to any EVM-compatible crypto wallet.” source ↗
  • “Many of our customers already use traditional identity verification services (such as IDnow) to verify their users identity online and onboard them to their platforms, products and services.” source ↗
Document IDV biometricsReusable identity VCOrchestration platformAML KYB screeningPartnershipProduct launchGlobal

3 of 3 facts verified against the source · confidence medium · claude-haiku-5-5