Publication of Results from the Financial Services Agency's 'FinTech Proof-of-Concept Hub' Supported Project
NQ Score
50/100
AI Summary (NQ-processed)
VESS Labs, Inc. has concluded a proof-of-concept project supported by the Financial Services Agency's 'FinTech Proof-of-Concept Hub' regarding identity verification using Verifiable Credentials (VC). The project, conducted under the DID/VC Co-creation Consortium, evaluated schemes for complying with the Act on Prevention of Transfer of Criminal Proceeds and confirmed the feasibility of using VC for identity verification under specific conditions.
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