Blockchain based approach to KYC sharing

MundaneIdentity

DigitalIdentity

DigitalIdentityDigital

IdentityVirtualIdentity

Keys

Certificates

Evidence

Authentication

Authorisation

Identification

Contents

Consensus

Communications

Contracts

Control

How can we animate the transactions to trigger future events?

What kind of assets are in the immutable record of transactions?

How do we agree the immutable record of transactions across organisations?

How are transactions created and propagated within and across entities?

How permissions are distributed, code validated, introperability ensured?

ConsensusComputer

Contents

Consensus

Communications

Contracts

Control

Functional

Non-functional

Ledger Component

Ledger Logic

Ledger Data

Digital Identity Virtual Identity Mundane Identity

Ledger Component

Ledger Logic

Ledger Data

Ledger Component

Ledger Logic

Ledger Data

wallet

IdentityDirectory

IdentityInstance

PassportService

CreditBureaux

Other KYCAuthority

Read Read

CreateRead

UpdateDelete

APIsCreateUpdateDelete

KYC Authority

Ledger Component

Ledger Logic

Ledger Data

Ledger Component

Ledger Logic

Ledger Data

3 4

2

1

Bank AIdentity Instance

Consumer Identity Instance

Bank A

Ledger Component

Ledger Logic

Ledger Data

Ledger Component

Ledger Logic

Ledger Data

2

4

3

Consumer Identity Instance

Bank BIdentity Instance

Bank b

Bank A

1

5