A non-fungible token (NFT) is a unique digital asset that exists on the blockchain. It can be owned and interacted with via the functionality provided by a crypto wallet. Simply put, an NFT consists of three parts: a contract address (the storage location on the blockchain), a token ID (a unique reference number within that storage location), and metadata (like a URL, or in the case of Hypernet.ID, binary flags indicating the presence of PII collected on the owner of the token).
The NFT issued by Hypernet.ID is akin to a digital badge that indicates your account address belongs to an individual who has passed KYC/AML identity verification. The fact that this digital badge exists directly on the blockchain means that smart contracts on the blockchain can themselves verify that the account may conduct business allowed by the KYC and AML verifications. The Hypernet.ID NFT cannot be transferred to a new account address; this would negate the signature proof you are asked to sign in the onboarding procedure.
Make sure you have a cypto wallet and that your secret recovery phrase is stored somewhere safe in case of an emergency.
Visit the Hypernet.ID web application and click the Start button to agree to the Terms of Service and Privacy Policy.
Connect your crypto wallet and sign in to prove ownership of your account address.
Choose a username and input an email address so that Hypernet.ID can update you regarding the status of your identity check.
At this point your identity verification will be completed by our partner, Jumio, the world’s leading provider of identity corroboration services.
You may choose to verify your identity with a passport, driver license, or identity card. Be sure to select the country/region that issued this document.
You may proceed using your computer’s webcam or your smart phone, or by uploading your document.
If you continue with your mobile device, you must scan the presented QR code or enter the email address to receive the mobile flow link.
After you have completed Step 5, Jumio will process your identity check. Next, you will receive an email notification after your identity check has been processed. If you pass successfully, your account will receive a Hypernet.ID NFT. If your identity check failed, check the email from Jumio for next steps.
All personally identifiable information collected in Step 5 is stored securely by our identity verification partner, Jumio. Your Hypernet.ID NFT records contain absolutely no PII. Instead, your Hypernet.ID NFT only indicates whether or not a piece of information has been collected. Once you have a Hypernet.ID NFT to verify your identity, you no longer need to reveal PII again to any other third parties.