KYC Validation
KYC Validators are responsible for verifying the authenticity and regulatory alignment of identity data exchanged through the CRYMBO Oracle.
What KYC Validators Do
- Receive identity verification request — Oracle dispatches encrypted identity payload
- Verify data completeness — Ensure all required fields are present per applicable regulation
- Cross-reference data — Validate identity information against regulatory databases and watchlists
- Assess data quality — Evaluate freshness, consistency, and completeness of KYC records
- Sign attestation — Return a signed attestation confirming identity verification status
- Score update — Validator reputation score updated based on accuracy
KYC Validation Criteria
| Check | Description |
|---|---|
| Data Completeness | All required IVMS101 fields present |
| Sanctions Check | Individual/entity not on OFAC, EU, or UN sanctions lists |
| PEP Screening | Politically Exposed Person status checked |
| Document Validity | KYC documents within validity period |
| Jurisdiction Compliance | Identity data meets requirements of applicable jurisdiction |
Privacy Protections
KYC Validators operate under strict privacy constraints:
- Validators verify encrypted identity data — they cannot store or extract raw PII
- Validation results are binary (valid/invalid) — no identity details are logged by validators
- All validation activity is auditable without exposing underlying data