Compliance

KryptoGO Compliance provides tools that let businesses KYC their users and collect customer risk-assessment data. Compliance helps enterprises complete compliance and security-related legal requirements through a variety of KYC processes — necessary for many financial transactions, including those dealing with cryptocurrency — while ensuring user privacy and security during identity verification.

KYC Processes

KYC Processes in Compliance refer to Identity Verification, Customer Due Diligence, Compliance Forms, and when applicable, Address Risk Screening.

Identity Verification

Identity Verification (IDV) requires a user to submit identity documents along with specific verification photos (e.g., holding their document). A liveness check is also part of IDV.

Customer Due Diligence

Customer Due Diligence (CDD) screens an individual — similar in workflow to performing a Google search. Upon screening completion, leveraging GPT large-language-model capabilities, we provide a risk score for the screened subject.

Enter the name of the person you wish to conduct due diligence on. Our due-diligence engine searches recent news and databases — including sanction lists and Dow Jones — to determine if the individual poses a high risk.

Compliance Forms

Forms are an easy way for businesses to collect compliance data tailored to their needs. The form is made out of predefined components. Use any number of components in any order to create a form, similar to Google Forms. KryptoGO’s components integrate KYC processes directly — completed forms automatically flow into Compliance for record-keeping.

Customise your form based on business needs — your own logo, theme, and colour palette.

Address Risk Screening

Address risk screening associates a user’s identity with their wallet address — also known as KYA (Know Your Address).

User KYC Statuses

A KryptoGO user has one of four KYC statuses at any time:

• Verified — The user has passed all KYC processes: IDV, CDD, Forms (and KYA if applicable).
• Unverified — The user has not yet started any KYC process.
• Pending — The user has submitted at least one KYC process and is awaiting verification.
• Rejected — The user is rejected on at least one KYC process.

Risk Score

A risk score ranging from 0 to 100 is automatically assigned to users who have gone through CDD and KYA if applicable. The system recommends exercising more caution for customers with high risk scores.

Compliance APIs

For programmatic access to compliance data — KYB / KYC submission, sanctions screening, address risk scoring — see the API surface inventory in Enterprise Capabilities. The API is callable behind a Studio API key.