There are different forms of Wallets, web-based, cold-storage and mobile based. In the partnership with Infinito we explore the integration of identity directly into the wallet. This is the first wallet + identity integration from our survey of the industry.
Security tokens are regulated assets that require Know Your Client (KYC) on transfer.
If they decide to receive the crypto-asset into their decentralised mobile wallet they would normally have to go to the website of the Issuer and submit their identity information to then be added to a so-called ‘whitelist’ of verified users.
This provides a frictionless experience to users who prefer to have decentralised control of their assets.