ShareID

What is ShareID?

ShareID is a digital identity and authentication platform designed to provide secure user verification for businesses and organizations. By leveraging document verification, liveness detection, and multi-factor authentication, ShareID enables users to create a digital identity linked to their official ID, which can be reused for future logins or transactions. The platform emphasizes privacy by never storing personal or biometric data and ensures compliance with international data protection standards. ShareID is adaptable across industries, offering a seamless and user-friendly authentication experience that simplifies regulatory compliance and reduces the risk of fraud.

Key Features

• Reusable Digital Identity

  Enables users to create a digital identity linked to their government-issued ID, allowing for quick and secure authentication across multiple services without repeating the onboarding process.

• No Data Storage

  Ensures privacy by never storing personal or biometric data, with all data encrypted during processing and automatically deleted after use.

• Advanced Document and Liveness Verification

  Combines document authentication and real-time liveness checks to confirm both the validity of IDs and the presence of a live user, reducing fraud and impersonation risks.

• Multi-Factor Authentication (MFA 3.0)

  Provides strong, user-friendly authentication using a combination of ID verification and biometric checks, such as a simple smile for reauthentication.

• Customizable Integration

  Offers flexible SDKs and APIs that allow businesses to tailor the authentication process and ensure a consistent user experience aligned with their brand.

• Regulatory Compliance

  Simplifies adherence to GDPR, DSP3, and eIDAS standards, helping organizations meet evolving regulatory requirements with minimal friction.

Use Cases

• Financial Services Onboarding : Banks and fintech companies can streamline customer onboarding and meet KYC requirements while minimizing fraud and ensuring privacy.
• E-commerce Account Protection : Online retailers can prevent account takeovers and fraudulent transactions by verifying user identities during registration and checkout.
• Healthcare Access Control : Healthcare providers can securely authenticate patients and staff, protecting sensitive medical data and complying with privacy regulations.
• Event and Venue Security : Large-scale events can efficiently verify attendee identities, as demonstrated during the Paris 2024 Olympic Games, enhancing both security and user experience.
• Cryptocurrency Platform Security : Crypto exchanges and wallet providers can use ShareID to meet regulatory requirements and prevent unauthorized access or identity fraud.

FAQs