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https://github.com/adedoyin-emmanuel/identifeye

An identity application built for the web5 hackathon
https://github.com/adedoyin-emmanuel/identifeye

dapp web-5

Last synced: about 2 months ago
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An identity application built for the web5 hackathon

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README

        

# Identifeye πŸš€

# β€’ Problem statement
What problem is the app solving?

Problem: Financial institutions face a number of challenges in verifying the identities of their customers.
1. Fraud: Fraudsters can use fake or stolen IDs to open accounts and commit financial crimes.
2. Inaccuracy: Traditional identity verification methods can be inaccurate, leading to false positives and false negatives.
3. Inconsistency: Identity verification practices can vary from one institution to another, making it difficult for customers to provide their information.
4. Data sharing Issues: Users sometimes do not have full control of their own data and are unable to share their data from one device or web app to another.

β€’Proposed app solution
What solution is the app bringing?

Solutions

Benefits: Identifeye offers a number of benefits to financial institutions, including:
1. Reduced fraud: Identifeye's use of multiple verification methods helps to reduce fraud.
With IdentifEye Our users would be able to run a genuine KYC to all their customers

2. Accuracy:

3. Consistency: Financial institutions can use a uniform identification process to verify the identity of their users. This will limit false or incorrect information provided by their customers

![image](https://github.com/Adedoyin-Emmanuel/identifeye/assets/100234404/d4f325c1-8053-4b7c-85c2-8fa098773460)

# Teams Members

name | role
--- | ---
Opemipo Oluwabiyi | Team Lead/Product Designer
Toriola Oladeji | Product Designer
Adedoyin Emmanuel | Frontend Developer
Wachiou Bouraima | Backend Developer