New Partnership Alert 🚨: Hypersign Web3 Compliance KYC for RWA & DEFI

Phyken Network
2 min readMay 28, 2024

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We are pleased to partner with Hypersign, a top-tier provider of # KYC services. Not all blockchains are created equal. With a multiplechain ecosystem available today, how can businesses ensure a consistent KYC process across different blockchains?

Hypersign has recognized the need for an on-chain KYC system that can adapt and operate seamlessly across multiple blockchain architectures. By creating a set of standardized protocols and leveraging smart contracts, Hypersign ensures that users undergo a consistent identity verification process regardless of the underlying blockchain platform. This approach simplifies integration for Phyken Network and assures our users and investors that their credentials are protected.

Hypersign’s On-Chain KYC | Proof-of-Personhood | ID Verification

Hypersign KYC is an advanced ID verification system for #Web3. It provides robust, privacy-centric identity verification services for Real World Assets (#RWA) #Tokenization ensures compliance with regulations and enables secure and compliant user interactions and transactions, making it essential for multiple chain ecosystems.

The need for regular use of the KYC service arises primarily from two critical business requirements: compliance and user discovery. As government regulations around digital identities and transactions become increasingly stringent, any business committed to maintaining compliance will find our KYB/KYC services indispensable. This is especially relevant in the Web3 space, where regulatory landscapes are rapidly evolving.

Additionally, businesses aiming to enhance their understanding of and engagement with their user base will benefit greatly from the deep insights provided by Hypersign KYC processes. These capabilities are crucial for any organization navigating and thriving in the complex RWA and DeFi ecosystem.

About Hypersign

The Hypersign Identity Network is a permissionless blockchain network to manage digital identity and access rights. It aims to empower humans to gain control of their data and access on the internet by providing scalable, interoperable and secure verifiable data registry (VDR) to implement use cases on Self Sovereign Identity (SSI) principles.

About Phyken Network

RWA tokenization and fractionalization protocol focused on bringing green and renewable energy assets on-chain.

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Phyken Network
Phyken Network

Written by Phyken Network

Phyken Network is a DeFi protocol, an RWA asset tokenization, and an asset fractionalization protocol. http://t.me/phykennetwork & http://discord.gg/W7NVRXguYq.