Unlock DeFi's Full Potential with Reusable, Verifiable Credentials
Learn how Bloom is helping DeFi with compliance and growing beyond collateralized lending, all while prioritizing user privacy.
Secure & Reusable Verifiable Credentials
With Bloom, avoid the risks of centralized data and protect user privacy with reusable, verifiable credentials. Users can create and control their own digital identity and attach personal data, which is verified by trusted third-party data attestors. This data is transformed into tamper-proof “verifiable credentials” which the user can easily share with enterprises for identity verification or risk assessment, all without exposing their raw data.
Risk Assessment Powered by Alternative Data
Enable risk assessment and move beyond collateralized lending with reusable, verifiable credentials. Leverage alternative data signals like social connections, income verification, bank statements, utility bill history (coming soon) & traditional credit scores (coming soon). OnRamp also uses the WACI specification enabling the ability for third party credentials to be requested from the user, helping to unlock unique global use cases.
Compliance Made Easy, Without Sacrificing User Privacy
With Bloom, easily enable KYC and AML without sacrificing user privacy. Available reusable, verifiable credentials include ID document verification, sanction screening and PEP screening.
How it works
STEP 1Select from a preset or build your own
STEP 2Configure your customer profile
STEP 3Set up your user enrollment form
STEP 4Easy integration
OnRamp - Unlock DeFi's Full Potential with Reusable, Verifiable Credentials
Learn how Bloom is helping DeFi with compliance and growing beyond collateralized lending, all while prioritizing user privacy.