KYC/KYB
Permissionned chains can be combined with any KYC/KYB provider to ensure that any user interacting with the chain has verified their identity.
This is particularly useful for businesses operating in a compliant environment.
How to set up KYC for your virtual chain?
- Create a permissioned Virtual Chain
- Retrieve the API endpoint for the chain interaction whitelist (Only whitelisted wallet addresses will be able to interact with the chain)
- Set up your KYC provider as per your preferences.
- During the KYC process, collect the wallet address of the user
- After the user passes KYC, call the whitelist API endpoint and pass the wallet address
- This user will now be able to interact with your Virtual Chain