Third-Party Verification and On-Chain Endorsements

A key feature of this decentralized approach is the role of third-party verifiers. Instead of the platform directly handling all verification processes, trusted third parties can perform these checks. Upon successful verification, users receive on-chain endorsements, effectively certifying their compliance with KYC and AML standards without revealing their identities or personal information. These on-chain endorsements serve as a powerful tool for users to prove their credibility while maintaining their privacy.