Buy, sell and loan discount retailer needs to replace lengthy paper identity verification process with a more secure, efficient, and digital format to verify customers across all 150+ locations, in every environment (online and on-premise). Reduce the risk of fake IDs, fraudulent transactions and stolen goods.
White labelled blockchain based RESILIANT ID APP implemented for fast, accurate and secure onboarding by the customer. Identity is confirmed and verified using biometrics and geolocation, and every transaction is stored on the blockchain. No more paper copies or storage of customer identity information on any server or physical location, protecting the customer’s right to privacy while protecting the business against fraud.
Customers now have a convenient and reusable Digital IdNFT™ they can use across all physical locations of the franchise and online.
- Fraud is completely removed in face-to-face transactions and there is less chance for stolen goods.
- 80% reduction of transactions that could not be processed due to an out-of-date IDs or wrong ID presented.
- 20% reduction in staff training costs related to ID verification
- 10-minute reduction in the time spent to onboard a new customer
- Lower insurance costs as no personal data on the customer is being stored in the building
- Immediate compliance with privacy regulations
- Safe, secure, and faster access to loans
- Brand marketing advantages