Masque ID

Overview

Masque ID is a decentralized protocol designed to manage on-chain identities for compliant digital assets. It combines on-chain identity proofs with off-chain data storage, optimizing KYC processes while protecting user privacy through encrypted identity proofs.

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Key Features

1. Identity

Users manage their identities with attributes such as:

• Jurisdiction codes

• Risk scores

• Compliance credentials

2. Off-Chain Privacy

• Sensitive data (e.g., passports) is securely stored with trusted KYC providers.

• Only encrypted identity proofs are published on-chain.

3. Cryptographic Proofs

Tamper-proof attestations validate identity without exposing private data, ensuring authenticity.

4. Claims-Based Verification

• Compliance claims (e.g., KYC, AML) are managed in the Claim Registry.

• Claims are linked to user identities for real-time regulatory validation.

5. Dynamic Risk Management

Risk scores are updated dynamically based on user activity, jurisdiction, and compliance status.

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Core Processes

Identity Creation

Users submit documents to KYC providers, who validate and issue encrypted identity proofs published on-chain.

Compliance Validation

The Compliance Module queries Identity and Claim Registries for real-time regulatory checks.

Updates and Restrictions

Non-compliant identities and expired claims are dynamically revoked or updated.