We architect and deploy production-ready smart contracts that are secure by design. Every contract undergoes rigorous audits, including formal verification and automated testing, before deployment to mainnet.
Decentralized Identity (DID) for Remittance KYC
Smart Contract Development
Secure, gas-optimized smart contracts built to your exact specifications.
- Custom Logic: Build on
ERC-20,ERC-721,ERC-1155, or bespoke standards. - Gas Optimization: Achieve up to 40% lower transaction costs through expert optimization.
- Security First: Adhere to OpenZeppelin patterns and undergo third-party audits.
From DeFi primitives to complex DAO governance, we deliver contracts that are reliable, upgradeable, and ready to scale.
Core Components of Our DID for Remittance Solution
Our solution is built on a modular, secure, and compliant foundation designed to accelerate your go-to-market while mitigating regulatory risk. Each component is engineered for interoperability and scale.
Automated KYC/AML Credential Issuance
Integrate with leading identity verification providers (e.g., Sumsub, Onfido) to issue tamper-proof Verifiable Credentials for customer due diligence. Automate credential renewal and revocation to maintain compliance with evolving regulations like Travel Rule.
Cross-Border Compliance Gateways
Smart contract-based rules engines that validate sender/receiver credentials against destination country regulations. Enforce transaction limits and screening in real-time, creating an immutable audit trail for regulators.
Non-Custodial Identity Wallet SDK
White-label mobile/Web SDKs that let your users securely store and present their credentials. Private keys never leave the user's device, ensuring true self-sovereignty and reducing your custodial liability.
Interoperability Bridges & Adapters
Pre-built connectors to major blockchain networks (EVM, Solana, Stellar) and legacy financial messaging systems (SWIFT). Securely map and translate DID-based credentials for settlement across heterogeneous systems.
Enterprise Dashboard & Analytics
A centralized portal for compliance officers to monitor transaction flows, credential status, and regulatory adherence. Generate reports for audits and gain insights into user verification metrics.
Business Outcomes for Your Remittance Platform
Our Decentralized Identity (DID) solutions deliver concrete operational and financial improvements for cross-border payment platforms. We focus on metrics that matter to your bottom line.
Reduce KYC Onboarding Time
Implement reusable, portable identity credentials to cut new customer verification from days to minutes. Users verify once, then seamlessly access services across your global network.
Slash Compliance & Fraud Costs
Leverage cryptographically verifiable credentials and selective disclosure to minimize manual review overhead and reduce exposure to synthetic identity fraud and chargebacks.
Expand to New Markets Faster
Our modular DID architecture adapts to regional AML/CFT frameworks, enabling rapid deployment in new jurisdictions without rebuilding your compliance stack from scratch.
Enhance User Privacy & Trust
Give users control over their personal data with zero-knowledge proofs. Minimize data liability for your platform while building stronger customer relationships through transparency.
Achieve Interoperability & Scale
Build on DID standards (W3C DID, Verifiable Credentials) to ensure compatibility with other regulated Web3 services, DeFi protocols, and future digital identity ecosystems.
Traditional KYC vs. DID-Powered KYC for Remittance
A technical breakdown of legacy versus decentralized identity verification models for cross-border payments.
| Feature / Metric | Traditional KYC | DID-Powered KYC (Chainscore) |
|---|---|---|
Data Storage & Control | Centralized, custodial databases | Decentralized, user-owned credentials |
User Onboarding Time | 2-5 days (manual verification) | < 5 minutes (reusable credentials) |
Compliance Cost per User | $15-$50 (recurring) | < $1 (one-time issuance) |
Interoperability | Siloed, per-institution | Universal across all integrated platforms |
Fraud & Duplication Risk | High (static data, copyable) | Low (cryptographic proofs, verifiable) |
Regulatory Audit Trail | Complex log aggregation | Immutable, timestamped on-chain proofs |
Technical Integration | Months (custom API work) | Weeks (standard SDKs & smart contracts) |
User Privacy | Data shared with all parties | Selective disclosure with zero-knowledge proofs |
Ongoing Maintenance | High (data security, patching) | Managed service with 99.9% SLA |
Our Methodology: From Audit to Live Integration
We deliver production-ready decentralized identity infrastructure for remittance KYC through a structured, transparent process designed for regulatory compliance and technical excellence.
1. Architecture & Compliance Audit
We analyze your existing KYC flow and regulatory requirements to design a DID architecture that meets GDPR, AML, and local data sovereignty laws. Deliverables include a technical spec and compliance gap analysis.
2. Smart Contract & SDK Development
Development of on-chain identity registries (ERC-725/ERC-1056), verifiable credential issuers, and a custom SDK for seamless integration into your existing remittance platform.
3. Security Audit & Penetration Testing
Third-party smart contract audit and infrastructure penetration testing focused on credential issuance, private key management, and data leakage prevention before mainnet deployment.
4. Staging & Production Deployment
Managed deployment to a testnet environment for UAT, followed by mainnet launch with monitoring, key management services, and 24/7 incident response support for your KYC operations.
Frequently Asked Questions on DID for Remittance
Get clear answers on how Chainscore Labs implements decentralized identity to streamline KYC for global remittance platforms.
Our DID solution replaces manual document collection and verification with a reusable, portable identity credential. For new users, this cuts onboarding from 3-5 business days to under 2 minutes. For repeat transactions, verification is instant. We achieve this by integrating with verifiable credential issuers and using W3C-compliant DID methods, allowing users to prove their identity once and reuse it across compliant platforms.
Get In Touch
today.
Our experts will offer a free quote and a 30min call to discuss your project.