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Hakata Overview
Choose Hakata for the most localized and privacy-preserving, compliant solution for globally operating businesses.
Identity Check
We connect your users to best-in-class identity providers to perform your identity checks (including KYC, KYB and AML). We do not believe in "one size fits all". Ensuring best localised expertise, we find the most suitable provider based on the customers needs.
Issuance
Issue verifiable credentials incl. zero-knowledge proofs, following leading industry standards. Our credentials are stored in the users' wallet and allow sharing of information the user selected to be shared - in plain text or as a zero-knowledge proof. Any Hakata credential is interoperable and thus can be shared with any provider or platform.
Verification
Hakata can also verify any verifiable credential or zero-knowledge proof via a simple API integration.
How it works
1. Orchestrate
Various inputs for zero-knowledge proof (ZKP) creation
Example:
Orchestration of regulatory & individualised rules based on variables like jurisdiction or asset type - e.g. accept users >18 & not based in the US.
2. Connect
To various specialist third-party solution providers
Example:
Connect to KYC, KYB, AML or other providers to obtain required information for compliance and parameter settings.
3. Create
A ZKP wrapped in a verifiable credential
​
Example:
Create user’s ZKP which proves that:
-
user is KYCed & sanction screened
-
user >18 years of age
-
not from the US
4. Store
Data in users wallet ensuring self-sovereignty of data
​
Example:
Store verifiable credential decentrally in user wallet. Some regulatory mandated data is stored in a secure vault for competent authority requests.
Benefits
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Privacy-preserving
data exchange and storage
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Compliant
with global AML & other regulations
Decentralized storage
of identity credentials on the users device
Modular solution
to expand with your business needs
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Combat (AI) fraud
by knowing your customers
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Interoperable
through use of industry standards
Industries
