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 May 30, 2025    |    3 weeks ago

Gateway FM Taps Privado ID to Slash Enterprise KYC Time by Up to 70%

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Olayimika Oyebanji

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Leading blockchain infrastructure provider Gateway FM teams up with privacy-focused digital identity platform Privado ID to create a secure, compliant, and seamless identity layer for corporate clients seeking privacy-preserving verification and KYC services.

 

 

Enterprises collaborating with Gateway FM gain access to Privado's identity framework and tools (including Circom — part of the groundbreaking IDEN3 protocol, the de facto standard for zero-knowledge programming). This enables enterprises to access the following key benefits:

 

 

  • Privacy-preserving identity verification natively integrated into large-scale Gateway.fm’s infrastructure supporting your use case;

 

 

  • Compliant KYC processes that maintain the core privacy benefits of blockchain;

 

 

  • Developer-friendly tooling, enabling teams to build with standardized, zero-knowledge identity protocols via a unified stack.

 

 

This partnership builds on the successful, tailored integration of the Iden3 DID standard developed by Privado with one of the major digital companies — a solution implemented by Gateway.fm.

 

 

In this pilot project, Privado's standard was leveraged to develop a custom KYC solution, while Gateway.fm provided the underlying Web3 infrastructure, including Indexer and Account Abstraction, to support scalability, privacy and compliance, and offered R&D services to execute this project.

 

 

We’re certain the success of this implementation will enable enterprises seeking secure and verifiable identity frameworks on-chain. Stay tuned for more details of this development.

 

 

By integrating Privado's solutions, Gateway FM will dramatically reduce onboarding and KYC procedure times by up to 50-70% compared to traditional verification methods that typically require days of manual document verification and multiple data entry points.

 

 

This partnership addresses one of the most significant barriers to enterprise blockchain adoption – secure and compliant identity management. Traditional blockchain systems struggle to balance regulatory transparency with business privacy needs, forcing companies to build costly custom identity frameworks.

 

 

This integration solves this by enabling companies to satisfy KYC/AML regulations while maintaining confidentiality for sensitive business operations.

 

 

As part of this collaboration, Gateway FM will also leverage Billions.Network, Privado's recently launched non-biometric-based, privacy-focused verification solution for humans and AI that incentivizes and benefits user engagement.

 

 

The platform allows users to prove their humanity, access a plethora of benefits, and provide legally compliant proof of uniqueness anytime, anywhere.

 

 

The solution leverages industry-standard protocols, including W3C Verifiable Credentials, W3C Decentralized Identifiers (DIDs), and Self-Sovereign Identity Standards, with zero-knowledge technology enabling selective disclosure of information.

 

 

This means enterprises using Gateway FM can verify compliance requirements without exposing unnecessary data so that both users and organizations gain precise control over what information is shared with which parties.

 

 

"This partnership represents a critical advancement in making blockchain technology accessible to enterprises," said Pradeep Singh, CEO of Gateway.fm.

 

 

"By combining our enterprise-grade infrastructure and zero-knowledge expertise with Privado's specialized identity protocol, we're removing one of the final barriers to institutional blockchain adoption.Our clients can now implement compliant identity solutions without sacrificing the privacy and security benefits that make blockchain valuable in the first place," Pradeep added. 

 

 

The integration offers enterprise-grade capabilities, including validation of NFC-enabled government-issued passports and user KYC data, granular permission controls for secure information sharing, and seamless interoperability with existing corporate identity systems.

 

 

Combined with comprehensive audit trails that meet regulatory requirements while preserving user privacy, these features make the solution exceptionally well-suited for enterprise deployment.

 

 

About Gateway FM:

 

 

Gateway.fm builds high-performance blockchain infrastructure that powers web3 adoption at enterprise scale. As core contributors to Ethereum and Polygon, Gateway FM has achieved breakthrough improvements in blockchain performance, including ZK-based networks throughput improvement to 100M daily transactions.

 

 

With over 3,000 rollups deployed, 550M+ transactions processed, and $1.3B+ in digital assets secured, Gateway FM provides complete blockchain infrastructure, including Layer 1 and Layer 2 solutions, rollups, RPC, shared prover, privacy, indexer, oracle and other services. Gateway FM's enterprise-grade solutions are trusted by industry leaders.

 

 

Learn more: https://gateway.fm

 

 

About Privado ID

 

 

Privado ID is a decentralized, privacy-focused digital identity platform that enables users to manage and share verifiable credentials securely across various applications and services.

 

 

Leveraging zero-knowledge proofs and adhering to W3C standards, it ensures data privacy and user control. Originally developed as Polygon ID under Polygon Labs, Privado ID is now an independent entity expanding its impact across multiple blockchain ecosystems.

 

 

Learn more: https://privado.id

 

 

About Billions.Network

 

 

The Billions Network is the leading human and AI verification platform, built on mobile-first verification to scale the internet of value globally.

 

 

Created by the stewards of the world's leading zero-knowledge verification framework, Circom, which secures the work of major organizations and blockchain ecosystems including HSBC, Deutsche Bank, Scroll, Polygon, and TikTok—serving over 150 million users.

 

 

For more information, please visit: https://billions.network/

 

 


 

DISCLAIMER

On-Chain Media articles are for educational purposes only. We strive to provide accurate and timely information. This information should not be construed as financial advice or an endorsement of any particular cryptocurrency, project, or service. The cryptocurrency market is highly volatile and unpredictable.Before making any investment decisions, you are strongly encouraged to conduct your own independent research and due diligence

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