Shocard How it Works overview

How It Works

The first step in establishing one’s identity is to create a ShoCard ID.

ShoCard allows users and enterprises to establish their identities with one another in a secure, verified way so that any transaction–whether it’s to login, share personal information, or complete a financial transaction–can be accomplished quickly, seamlessly and with peace of mind.

Creating a ShoCard ID can be done either through our App, or a company or entity can build in our technology into their existing Apps via our SDK (Software Development Kit).


CREATING AN IDENTITY

User downloads the app to create a ShoCard ID.

User takes a picture of a valid, government-issued ID.

ShoCard then extracts the personal information from these IDs.

The user confirms the data and then self-certifies.

For security, the user creates a passcode.(can also use fingerprint scan capabilities on their phone)

The information is encrypted and saved on the phone

ShoCard Uses industry-standard private/public key encryption techniques.

The app then takes further security measures to obfuscate the data. (it “hashes” and “digitally signs” the data)

ShoCard’s servers writes the hashed, signed data onto the blockchain.

This information is not available in any readable form to ShoCard or to

SHARING INFORMATON

The user decides to share her personal information with a third party.(financial institution, cable company,…etc)

She initiates an identity verification “handshake” with the 3rd party.(via the blockchain)

The information is placed in a fully encrypted data “envelope.” Only the intended recipientis able to decrypt.

In this scenario, not even ShoCard can access the information that is being sent as the encrypted envelope is completely opaque to all parties except the intended recipient.

The identities of both parties are confirmed. (through validation of the data shared, the sender’s public key and the signature-hashes on the blockchain).

THE END RESULT:A guaranteed verified transaction between user and enterprise.

Want the detailed technical version?

For a more granular look at this workflow download our white paper.

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Certifying a User’s Credentials

The Certification process can be done as part of a third party’s “Know Your Customer” process.

With permission the user’s ID credentials are verified for authenticity.

The user may be asked further questions to verify they are, in fact, who they say they are.

As a final security step the third party may review the information in the App.

Once an authoritative 3rd party (such as a financial institution, government or other trusted entity) “Certifies” the user’s ID, all other future parties can reference this certification and be assured that the information provided by user through the App is, in fact, accurate and belongs to them.

Pricing

Deploy Across Your Enterprise.
Protect Every Customer

Take advantage of mobility, blockchain verification and start authenticating your entire customer ecosystem without sacrificing security and privacy.
Discover our pricing packages by product lines.
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Basic Authentication With Biometrics Enterprise Bundle
User Authentication
Real person authentication
No Username/Passwords
User managed data sharing
Trusted devices
Blockchain verification
1st and 3rd party certifications
Multi-factor authentication
User Supported Documents on the App
Bank Cards
Loyalty Cards
Email support
Developer Tools
ShoCard SDK
ShoCard APIs
Facial Recognition for iOS and Android
Phone support
Drivers License
Passport
Price $1/User/Year $0.75/User/Year Contact Sales
Basic Authentication
User Authentication
Real person authentication
No Username/Passwords
User managed data sharing
Trusted devices
Blockchain verification
1st and 3rd party certifications
Multi-factor authentication
User Supported Documents on the App
Bank Cards
Loyalty Cards
Bank Cards
Email support
Developer Tools
ShoCard SDK
ShoCard APIs
Facial Recognition for iOS and Android
Phone support
Drivers License
Passport
Price $1/User/Year
With Biometrics
User Authentication
Real person authentication
No Username/Passwords
User managed data sharing
Trusted devices
Blockchain verification
1st and 3rd party certifications
Multi-factor authentication
User Supported Documents on the App
Bank Cards
Loyalty Cards
Bank Cards
Email support
Developer Tools
ShoCard SDK
ShoCard APIs
Facial Recognition for iOS and Android
Phone support
Drivers License
Passport
Price $0.75/User/Year
Enterprise Bundle
User Authentication
Real person authentication
No Username/Passwords
User managed data sharing
Trusted devices
Blockchain verification
1st and 3rd party certifications
Multi-factor authentication
User Supported Documents on the App
Bank Cards
Loyalty Cards
Bank Cards
Email support
Developer Tools
ShoCard SDK
ShoCard APIs
Facial Recognition for iOS and Android
Phone support
Drivers License
Passport
Price Contact Sales


Additional Services (One time cost)

KYC AML
Drivers License or Passport $1 per/doc $0.50
Add’t documents $1 per/doc $0.50
KYC
Drivers License or Passport $1 per/doc
Add’t documents $1 per/doc
AML
Drivers License or Passport $0.50
Add’t documents $0.50


No Usernames or Passwords

With true-biometrics, authenticate a “real” person– not just a phone

No central database of logins to hack

Can extend security to: Employees, Contractors, and
Customers

*Free for up to 10 users
Pricing shown is in USD, based on a minimum 12-month contract and includes standard support.
Volume discounts are available for Enterprise customers. Contact our experts at [email protected]

Below are examples of how this can work

The ShoCard SDK

Companies that already offer their own mobile apps to their customers can easily integrate ShoCard’s core features into their apps using ShoCard’s Software Development Kit.

learn more about the shocard sdk

Contact us to learn more about customizing our solution to fit your enterprise needs.