It is reported that Desmo Labs (formerly Debond) has now launched a D/Wallet digital identity wallet based on the Source.ID scheme, which has passed the conformance testing in line with the European Union EBSI standard. D/Wallet has been displayed on the official website of the European Union EBSI, verifying the feasibility of large-scale use of KYC and KYB schemes based on EIP-5851 chain verifiable vouchers.

D Wallet wallet based on Source.ID scheme has passed the EU EBSI standard conformance testing

I. Introduction

– Explanation of Desmo Labs
– Overview of D/Wallet digital identity wallet
– Explanation of the Source.ID scheme

II. European Union EBSI Standard

– Explanation of the European Union EBSI standard
– Conformance testing and verification of D/Wallet

III. Benefits of KYC and KYB schemes on EIP-5851 chain verifiable vouchers

– Overview of KYC and KYB schemes
– Importance of verifiable vouchers
– Role of EIP-5851 chain in KYC and KYB schemes
– Benefits of using EIP-5851 chain verifiable vouchers

IV. Large-Scale Use of D/Wallet

– Importance of large-scale use of KYC and KYB schemes
– Viability of large-scale use of D/Wallet
– Benefits of D/Wallet in large-scale use

V. Conclusion

– Recap of D/Wallet and Source.ID scheme
– Importance of KYC and KYB schemes

VI. FAQs

– What is D/Wallet?
– How does D/Wallet promote the use of KYC and KYB schemes?
– Is D/Wallet secure?
# Desmo Labs Launches D/Wallet Digital Identity Wallet Based on Source.ID Scheme
Desmo Labs, formerly known as Debond, has recently launched a D/Wallet digital identity wallet based on the Source.ID scheme. This wallet has passed the conformance testing in line with the European Union (EU) EBSI standard and has been displayed on the official website of the EU EBSI. This verifies the feasibility of large-scale use of KYC (Know Your Customer) and KYB (Know Your Business) schemes based on EIP-5851 chain verifiable vouchers.

European Union EBSI Standard

The European Union has established the European Blockchain Services Infrastructure (EBSI) standard, which is a secure and efficient system that allows organizations to share information in a trusted manner. The EU EBSI standard ensures that D/Wallet adheres to robust security and privacy measures. D/Wallet underwent conformance testing and passed the EU EBSI standard, which is a testament to its security and trustworthiness.

Benefits of KYC and KYB Schemes on EIP-5851 Chain Verifiable Vouchers

KYC and KYB schemes are vital procedures that companies use to verify the identity of their clients and customers. However, these schemes can be tedious and time-consuming. EIP-5851 chain verifiable vouchers streamline the process by providing digital evidence of the identity of a person or business. These vouchers can be verified by D/Wallet making the KYC and KYB process fast, secure, and trustworthy. The EIP-5851 chain ensures that the KYC and KYB schemes are tamper-proof and cannot be manipulated.

Large-Scale Use of D/Wallet

D/Wallet has immense potential for large-scale use due to its security, privacy, and the adoption of the EU EBSI standard. With D/Wallet, individuals can have full control of their identity and share their details with the respective parties securely. D/Wallet depicts a decentralized approach that enhances the security of the KYC and KYB process where individuals can verify their identities without risking their personal data.

Conclusion

D/Wallet is a revolutionary product that enhances the KYC and KYB processes. The Source.ID scheme and the EU EBSI standard ensure that the wallet adheres to robust security and privacy measures. The use of EIP-5851 chain verifiable vouchers guarantees the security of customers’ and clients’ details. The viability of large-scale use of D/Wallet makes it an excellent option for individuals and businesses seeking to streamline their KYC and KYB processes.

FAQs

What is D/Wallet?

D/Wallet is a digital identity wallet that allows individuals to control their identity and share their details with the respective parties. It promotes fast, secure, and trustworthy KYC and KYB procedures.

How does D/Wallet promote the use of KYC and KYB schemes?

D/Wallet uses EIP-5851 chain verifiable vouchers, which provides digital evidence of the identity of a person or business. These vouchers can be verified by D/Wallet, making the KYC and KYB process fast, secure, and trustworthy.

Is D/Wallet secure?

Yes, D/Wallet is secure. It adheres to robust security and privacy measures and has undergone conformance testing, which has been verified by the EU EBSI standard.

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