New York, Monday, November 04, 2024 – Web3 technology company Instruxi, said it had unveiled the Instruxi Mesh ID in a closed beta phase, a pioneering identity solution aimed at streamlining KYC (Know Your Customer) processes while ensuring user privacy.1
Developed in collaboration with Chainlink, CLEAR, and Space and Time, the Mesh ID is designed to facilitate seamless access to real-world assets (RWAs) for U.S.-based Web3 users.
The Instruxi Mesh ID leverages CLEAR’s identity verification API, providing users with a robust KYC service that significantly reduces verification times and enhances security.
This integration not only accelerates the onboarding process but also allows users to comply with local regulations as they explore next-generation financial products.
“We are thrilled to announce the closed beta release of the Instruxi Mesh ID platform, a collaborative effort with Chainlink, CLEAR, and Space and Time,” said Austin Przybysz, Co-Founder and Solutions Architect at Instruxi.
Chainlink’s decentralized infrastructure ensures that the Mesh ID can integrate effectively with existing enterprise systems, enhancing both onchain and offchain security.
The solution utilizes Chainlink Functions to access real-world data and Chainlink Automation for efficient operations.
Space and Time contributes its zero-knowledge technology, allowing users to verify their identities without disclosing sensitive data, further enhancing privacy measures.
With a burgeoning market for RWA tokenization potentially valued in the hundreds of trillions, Instruxi aims to introduce tokenized real estate to its closed beta users, with future plans for broader asset tokenization.
- prnewswire: https://www.prnewswire.com/news-releases/instruxi-unveils-instruxi-mesh-id-in-closed-beta-powered-by-chainlink-clear-and-space-and-time-pioneering-next-gen-kyc-and-identity-solutions-for-real-world-asset-tokenization-302289970.html[↩]
