NCR Corporation
PERSONAL IDENTIFIABLE INFORMATION VERIFICATION FOR DECENTRALIZED NETWORK SERVICES

Abstract:

Centralized Financial (CeFi) services of a Financial Institution (FI) application (app) is enhanced such that the customer can access Decentralized Financial (DeFi) services via the app utilizing a cloud service. The customer preregistered Personal Identification Information (PII) with a Self-Sovereign Identity (SII) provider. When a customer attempts to access a DeFi service, the cloud service intervenes and establishes a Decentralized Identity (DID) based connection between a wallet of the customer and a wallet of the FI through the provider. The FI challenges the identity of the customer and requests that a portion of the PII be shared for Know Your Customer (KYC) requirements, the customer shares, and the SII provides a certification and the portion of the PII back to the FI. The FI stores the certification in a customer record as evidence that KYC requirements were satisfied before the customer accesses the DeFi service from the FI's app.