• White Facebook Icon
  • White Instagram Icon
  • LinkedIn - Grey Circle
  • White Twitter Icon

CONSENT TOKEN

Powering Verification-as-a-Utility

Consent Token [FINAL VERSION].png
  • Instagram
  • LinkedIn
  • Facebook

INTRODUCING BLOCKCHAIN-BASED DIGITAL VERIFICATION

SAVE MONEY

to prove experience

MAKE MONEY

sharing personal data

SAVE TIME

to verify recruits

OUR WHITE PAPER

Verification-as-a-Utility Business Model

whitepaper_cover_image.png

Consent Token radically improves the efficiency of digital verification by creating a new token that can be exchanged between organisations issuing claims, users who hold the claims, and organisations that verify claims. It all happens on the Ethereum blockchain.

The token can be used to obtain a variety of consent-based services on the Consent platform. The utility of the token is based on user consent to store, share and transfer verified credentials.

THE CHALLENGE 

Challenge.jpeg

Background verification is carried out by organisations who have no incentive to bring transparency, share the value generated from users personal data or enhance user experience within the verification process

 

This has resulted in

  • Broken verification process.  (i.e  users have no control on how data is collected, handled, processed and stored. This often leads to non-compliance,  data theft or in extreme case it leads to identity fraud and financial loss)

  • Delayed hiring process. (Average verification takes 2 to 4 weeks. The failure rate of start-ups is close to 90% hence there is no way to verify any claim once the start-up shuts down. Some companies have policies where they cannot verify a claim beyond certain number of years)

  • Money spent on employees who have already left the business. (i.e HR resources need to be in place - 1FTE to 10FTE. This is to verify employee experience and maintain compliance)

Identity.jpeg

SELF SOVEREIGN

IDENTITY

Your Identity - Your Way
CONSENTCREDENTIALS.PNG

Consent Portal

Consent Portal issues verifiable credentials which are self-verifiable certification system that uses W3C open standards data model 1.0. This helps organisations

  • remove cost around proving a user’s claim

  • minimise liability around PII data for compliance

  • earn tokens that can be converted to local currency in exchange for issuing verified credentials

ConsentWallet.PNG

Consent Wallet

Consent Wallet is an independent verifiable credentials (VC) storage system that enables

  • users to store, share, transfer and control verified credentials with consent

  • users to conveniently monetize their personal data every time data is accessed 

  • visibility around access request and processing of personal data across the value chain

blockchain_orange.png

Consent Verification

Organisations that need to verify claims could easily verify claims with credential holder directly, this could include

  • Employment Background

  • Project Work

  • Contract Work

  • Training

  • Workshops

  • Education (where possible)

page.png

Our

PUBLICATION

ON ESG

CONTACT US

RMZ Infinity, The Bay Area, Concourse Level, NO 3, Old Madras Road, Benniganahalli, Bangalore East Taluk, Bangalore, Karnataka, - 560016

madan@infoeaze.in | +91 98860 38978 

Sending us a message.

  • Black LinkedIn Icon
  • Black Facebook Icon
  • Black Twitter Icon
  • Black Instagram Icon