https://www.taxtmi.com/news?id=33601 Trust ID's Web3 Decentralized KYC places KYC verification and storage on users' local devices, encrypting records with public key cryptography and enabling mnemonic recovery for device loss. Users control permissioned sharing of KYC attributes; data is transmitted via Libp2p peer to peer and recipients decrypt with their private keys. Each verification transaction is recorded on the INRx blockchain as an immutable ledger entry without exposing sensitive details. en-us Tue, 11 Feb 2025 15:01:03 +0530 Tue, 11 Feb 2025 15:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33601 Trust ID's Web3 Decentralized KYC places KYC verification and storage on users' local devices, encrypting records with public key cryptography and enabling mnemonic recovery for device loss. Users control permissioned sharing of KYC attributes; data is transmitted via Libp2p peer to peer and recipients decrypt with their private keys. Each verification transaction is recorded on the INRx blockchain as an immutable ledger entry without exposing sensitive details. News - Tue, 11 Feb 2025 15:01:03 +0530 https://www.taxtmi.com/news?id=33601