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Digital ID to enable DFS
May 21, 2020 Matthew Davie | Chief Strategy Officer | Kiva
Digital ID to enable DFS May 21, 2020 Matthew Davie | Chief - - PowerPoint PPT Presentation
Digital ID to enable DFS May 21, 2020 Matthew Davie | Chief - - PowerPoint PPT Presentation
Digital ID to enable DFS May 21, 2020 Matthew Davie | Chief Strategy Officer | Kiva 1.7 billion people are excluded ID Issuer Holder Inspector NCRA Individual -Verifier issue present FSP credentials credentials verifies wallet
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Holder
Individual wallet [NCRA (DOB, address)]
Inspector
- Verifier
FSP requests DOB, address
Registry
HL Indy verifies underlying NCRA data issue credentials present credentials verify credential
- wnership
verify credential
- wnership
register identifier
ID Issuer
NCRA verifies
name, DOB, address, etc
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Holder
ID Mgmt
Account recovery, claim wallet
- wnership,
request update
Issuer Verifier
IDV App
Verify credential, retrieve match
eKYC App
Verify credential, data read
Desktop Tool Admin Tool
User management
ID Mgmt
Issue, revoke, and ipdate credentials. Trust Anchor management
Admin Tool
User management & role-based permissioning, analytics.
Issuer 1 Issuer n
Guardian
ID Wallet ID Wallet Guardian App
Application Ecosystem & Data Exchange Trusted connection Public Utilities Authentication Services
Fingerprint Biomatcher SMS
Public DID Registry
Indy Node (Kiva) Indy Node (Org 2) Indy Node (Org 3) Indy Node (Org X..)
Verifiable credential Proof Trust
Pin and Chip Card Other MFA
Wallet Services
Agent / Wallet Agent / Wallet
Verifier Integrators
Financial Service Providers Payments Service X.. Service Y... Issuer 2
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Citizens
Fast, cheap, and easy financial access
Financial Institutions
Fast, cheap, and simple compliance tools
Central Bank
Regulatory compliance and financial inclusion
Government
Rapid deployment using existing systems
Multilaterals
Interoperability with direct programs
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Sierra Leone timeline
Sept 2018
President Bio announces project at UN General Assembly
Aug 2019
eKYC beta launched, first ID verification by Nancy
Jan 2019
Team deployment to Freetown
Feb 2020
eKYC production environment launched w/ 8 FSPs
Mar 2020
Pivot to support covit-19 response and relief efforts
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Donor Agency Central Bank Beneficiary List eKYC Identity Tool Bank Mobile Money Voucher Digital ID Wallet ID Issuer Payment Wallet
1. Confirm eligible participants 2. Initiate payment 3. Receipt confirmed 5. Payment to account 4. eKYC or CDD authentication
User
6. Delivery receipt
= Government = Kiva = FSPs
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