ZusK is a ground-breaking Zero-Knowledge Know Your Customer (KYC) protocol specifically designed for eSIM providers and telecom network providers. By leveraging zero-knowledge cryptographic algorithms, ZusK creates a secure and privacy-preserving identity verification process that enables users to access services without revealing their personal information, while still maintaining compliance with regulatory requirements.
Traditional KYC processes often require users to disclose sensitive personal information to service providers, posing privacy and security risks. Data breaches and unauthorized access to personal information can lead to identity theft and other malicious activities. Additionally, implementing KYC processes is often resource-intensive and time-consuming for service providers, as they need to store, manage, and secure customer data.
ZusK addresses these issues by creating a Zero-Knowledge (ZK) identity for users, allowing them to undergo KYC checks through a zero-knowledge proof protocol. This innovative approach enables users to authenticate their identity while preserving their privacy and ensuring compliance with KYC requirements.
ZusK allows users to prove their identity without revealing sensitive personal information. By using zero-knowledge proofs, users can authenticate themselves to service providers without exposing any data that could compromise their privacy.
The zero-knowledge cryptographic algorithms employed by ZusK create a secure and robust authentication process. Since sensitive personal information is never disclosed during the authentication process, users are protected against potential data breaches and unauthorized access.
By utilizing the ZusK protocol, eSIM providers and telecom network providers can maintain compliance with KYC regulations. The protocol allows service providers to verify users' identities without storing or processing sensitive personal information, thereby reducing the risk of non-compliance.
ZusK streamlines the identity verification process, making it more efficient for both users and service providers. Users can quickly generate zero-knowledge proofs using their ZK identity and digital credentials, while service providers can easily verify these proofs without the need for manual intervention or additional resources.
The end user interacts with the Identity Provider (IdP) to register, submit personal information, and obtain a ZK identity and digital credentials. They then use their ZK identity to generate zero-knowledge proofs when interacting with service providers.
The IdP is responsible for securely managing user identities, performing initial KYC checks, generating ZK identities and digital credentials, securely storing encrypted user data, and providing public information to service providers for proof verification.
Service providers implement the ZusK protocol to support zero-knowledge proofs. They receive and verify zero-knowledge proofs submitted by end users and provide services to users after successful authentication.