self-sovereign identity
7 Self-Sovereign Identity Hacks That Beat Costly KYC
Self-sovereign identity (SSI) lets individuals own their credentials, enabling verification without the $50-plus per-customer KYC bill that blocks mass onboarding. By shifting trust to cryptographic proofs on a blockchain, users, banks, and NGOs all see a lower cost base and higher ROI. In 2024, global banks reported $50 billion in