Fractal ID protocol
Overview
Fractal ID operates as a decentralized identity protocol within the Web3 ecosystem, facilitating self-sovereign identity administration and reusable know-your-customer and know-your-business verification. The system permits individuals to authenticate their identity a single time and then disclose it on a selective basis to decentralized applications, thereby minimizing duplicate verification processes. DeFi and NFT platforms employ the protocol to meet regulatory compliance requirements.
Relations
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Frequently asked questions
What is Fractal ID?
Fractal ID is a protocol tracked in The Counterparty knowledge graph.
What type of entity is Fractal ID?
Fractal ID is classified as a protocol (protocol) in The Counterparty knowledge graph.