Guide
User verification in Web3: Guide
The Sumsub guide on user verification in Web3 highlights that despite regulatory uncertainty, crypto companies must focus on reliable, convenient, and reusable verification methods. Reusability is key in Web3 because user overlap across platforms can reach up to 75%, making reusable KYC vital to improving pass rates and easing onboarding. The guide emphasizes best practices for securely managing and transferring user data in compliance with evolving regulations. Sumsub advocates ecosystem approaches like soulbound tokens to build trust and maintain data security for users and platforms alike.