Parallel ID (PID) is an interoperable identity and accreditation verification token for Defi and metaverse dApps. Dapps can use PID to protect on-chain governance, token gate lending, and NFT markets to institutional investors and protect against Sybil resistance on airdrops and token-gated content.
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Maker
Hey Product Hunters! We’re excited to launch our fully on-chain identity solution — the Parallel Identity Token. Behind every PID Token is the robustness of bank-level KYC & AML. We’ve spent years making these processes as efficient as possible to put you in control of your data and build the next generation of identity and compliance for Web3.
Our compliance process is trusted by top financial institutions and tens of thousands of onboarded individuals and businesses. With the PID Token, platforms can confirm that dApp or smart contract users have undergone a full KYC review and are currently clear from sanctions. Both individuals and businesses can mint a non-transferrable PID Token to their wallet after clearing a KYC/KYB process.
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