diff --git a/_data/definitions/IdentityVerification.yml b/_data/definitions/IdentityVerification.yml index 2a95e63..350d524 100644 --- a/_data/definitions/IdentityVerification.yml +++ b/_data/definitions/IdentityVerification.yml @@ -4,7 +4,13 @@ file: Identity Verification term: Identity Verification description: > Identity verification is a tiered process by which an organization or system attempts to confirm the authenticity of an [actors'](#actor) claim to be a given individual. - Typical methods of identity verification include: + Typical methods of identity verification which are necessary for staff or consultants working for organizations (exchanges, brokerages, etc.) include: - one or more forms of government-issued identification (driver's license, passport, etc.) - one or more proofs of residency at the individual's home (utility bills, bank statements, etc.) - successful completion of challenge questions through a reputable identity-verification service operating in the individual's country of residence (e.g. Equifax) + Methods of identity verification which could be deemed necessary for users (of an exchange, brokerage, web wallet, etc.) might include: + - GUID (key) and password + - blockchainMe + - Blockchain ID + - IDMAS (Identity Management System based on BIP0032) + - 2FA (Where, per guidance of Draft NIST Special Publication 800-63B, the verifying organization "Shall" verify that the pre-registered telephone number being used is actually associated with a mobile network and not with a VoIP (or other software-based) service. It then sends the SMS message to the pre-registered telephone number. Changing the pre-registered telephone number "Shall Not" be possible without two-factor authentication at the time of the change. Out of Band using SMS is deprecated.)