Yoti

Secure Digital Identities: Yoti’s Solution to Reducing Risk of Fraud and Identity Theft

Yoti is a UK-based startup that is working to make digital identities accessible, safe, and secure.

The company uses identity technology to provide consumers with secure digital identity solutions, enabling them to securely store personal information and share it with businesses or services they trust.

Yoti also offers companies access to a secure database of verified consumer data that can be shared in compliance with various regulations.

Yoti’s goal is to create an easy and safe way for people to prove who they are when dealing with companies online, reducing the risk of fraud and identity theft.

Yoti works by giving customers a unique blockchain user identifier, which can then be used across multiple services such as:

  • Financial accounts
  • Commerce transactions
  • Contracts and more

Yoti Offers Unique Blockchain User Identifiers for Multiple Services

Customers have insight over the data they are sharing and can control how it is shared, while businesses have access to verified customer information that complies with national and international privacy guidelines.

Additionally, Yoti notifies users if their data has been compromised due to malicious activity or a data breach meaning that customers can always stay one step ahead of fraudsters.

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