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Crypto

Crypto-grade KYC, without the user tax.

Privacy-preserving identity verification built for exchanges, custodial wallets and token platforms. Zero-knowledge proofs, a blockchain-native audit trail, and two-second returning-user verifications. FATF Travel Rule ready, built to the AUSTRAC AML/CTF requirements.

Regulators satisfied. Users still happy.

ShareRing Me

Passport chip, a second document, and a liveness check that proves a live person is holding them. Once, ever.

About a minute the first time. About two seconds at the next exchange that asks.

What has changed

Custodial wallets are reporting entities now.

From MiCA in Europe to the AML/CTF reforms in Australia to FinCEN enforcement in the United States, regulators are expanding scope far beyond fiat-to-crypto gateways. Custodial wallets, token issuances and peer-to-peer swaps now fall under reporting entity rules.

Crypto-to-crypto exchanges

Swapping digital assets now requires full KYC. An exchange wallet doing 1,000 USDC for 1,000 USDT is a reporting event.

Custodial wallets

Hold keys for users and you are a reporting entity: withdrawal thresholds, transaction monitoring, suspicious activity reporting.

Token issuances

ICOs, IDOs and token launches must verify participants, with geographic eligibility and sanctions screening.

The Travel Rule is live

Transfers above threshold require payer and payee identity to travel with the transaction, and wallet ownership to be verified.

What the regime actually asks of an exchange.

Crypto-to-crypto swaps, custodial wallets and token launches are designated services, and the Travel Rule is live. Regulators from AUSTRAC to the SEC have moved from writing rules to enforcing them, and the exchanges that get through it are the ones that already verify properly.

What ShareRing gives an exchange

  • Two-second returning users: a verified customer proves themselves again without repeating onboarding.
  • Zero-knowledge proofs: prove the fact without handing over the document behind it.
  • A native audit trail: every check recorded on ShareLedger, with no personal documents on-chain.

Written for the frameworks you are audited against.

Originator and beneficiary data capture, VASP-to-VASP exchange and sanctions checks built to FATF Recommendation 16. KYC flows built for AUSTRAC-registered digital currency exchanges, and built to the EU MiCA requirements for CASPs across the bloc.

The three that matter

  • FATF R.16 Travel Rule: originator and beneficiary data, VASP-to-VASP exchange, sanctions screening.
  • AUSTRAC DCE and MiCA: flows built for registered digital currency exchanges and for CASPs in the EU.
  • ISO 27001 and GDPR: certified controls and privacy by design.
Build it yourself

Six captures, a liveness check, and a chip read.

The heaviest chain ShareRing ships, and the one built for exchanges: NFC on the passport, biometric liveness, structured business fields, and a watchlist screen that only runs once all of it has passed.

  1. age_verification Over 18.
  2. identity_document Passport, NFC required, authenticity check on.
  3. identity_document Licence or ID card, authenticity check on.
  4. personal_info Photo, nationality, place of birth, address.
  5. liveness_check Face motion analysis, not a selfie upload.
  6. custom_inputs Occupation, company, contact address.
  7. if_else Age, liveness approved, and both document types valid.
  8. watchlist Sanctions, PEP and adverse media.
  9. delivery_http Signed payload, HMAC-SHA256, with retry.
  10. end_ok A verified customer, and no document left on your servers.

A returning user can skip the liveness step entirely by supplying an existing transaction, so the expensive node runs once per person rather than once per login.

Frequently asked

The questions we get asked.

Are we a reporting entity if we only swap crypto for crypto?
Yes. Swapping digital assets now requires full KYC, and an exchange wallet moving 1,000 USDC for 1,000 USDT is a reporting event.
Does this cover the Travel Rule?
Originator and beneficiary data capture, VASP-to-VASP exchange and sanctions checks are built to FATF Recommendation 16, alongside flows built for AUSTRAC-registered digital currency exchanges and for the EU MiCA requirements that apply to CASPs.
How slow is it for a user who has already verified?
About two seconds. A returning user can supply an existing transaction and skip the liveness step, so the expensive node runs once per person rather than once per login.
Is a photograph of a passport good enough?
Not in this chain. NFC reads the passport chip and the liveness check analyses face motion rather than accepting a selfie upload, so the result is cryptographic rather than visual.
What ends up on-chain?
A record on ShareLedger that the check happened. No personal documents are written to the chain.

Regulators satisfied. Users still happy.

Privacy-preserving verification an exchange can deploy without making its users start again.

The ShareRing Me vault on a customer’s phone, holding the verified credential this check produced.
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