About MyID
MyID is a blockchain-based digital identity and verifiable credentials platform designed to modernize identity verification and KYC processes.
MyID Details
Vendor
MyID
Year Launched
Location
1 Muncesti Street, Chișinău, Moldova
Deployment
cloud, web browser
Training Options
videos
Countries Served
All Countries
Languages
English, Russian, Romanian
Users
Administrator, IT Manager, Security Officer, Employee
Industries Served
Healthcare, Finance, Government, Aerospace, Defense, Manufacturing, Retail, Utilities, Education
Tags
Identity Management, Security, Authentication, Access Control, Compliance, Secure Access, Two-Factor Authentication, Biometrics, Mobile Security, Data Protection
MyID's In-App Market Place
Does MyID have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Free trial
Free version
Request a quote
Promo Offer
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$)
Pros & Cons
- Connects blockchain technology with AI to enable fast and trusted digital identity checks.
- Reduces onboarding time significantly compared to traditional KYC workflows.
- Empowers users with self-sovereign identity and control over credential sharing.
- Supports diverse real-world proofs like vaccination, education, and insurance.
- Streamlines the user provisioning process for IT administrators
- Adoption may face resistance from users unfamiliar with digital wallets.
- AI-based validation accuracy may vary depending on document quality.
- Regulatory changes in digital identity laws could impact implementation.
- Limited transparency on security certifications and compliance audits.
- Cross-border legal recognition of credentials may not be universal.