Known Customer Credential Hackathon
tbDEX is an open messaging protocol that enables liquidity seekers to connect with liquidity providers. This means that as a liquidity provider, your business can be the backend supplier in several payment applications.
Performing KYC on repeat customers every time they attempt to transact with you from a different payment app would be a pain. To avoid this, you will use the Web5 SDK to issue a Known Customer Credential (KCC) to a customer, Alice, who you have already completed KYC on. You will store the JWT representing the KCC in Alice’s Decentralized Web Node so that she can present it to your business from any payment app.