14 November 2024

The Cross-border Zero-PII KYC trial is a technology test case with no real users. IDA does not offer stablecoin services in Mainland China.

IDA is pleased to participate in the world’s first cross-border Zero-PII (Personal Identifiable Information) KYC Trials initiated by Red Date Technology, powered by China RealDID.

We want to clarify that this trial is purely a technology test case involving no real users. Its purpose is to demonstrate the feasibility of utilizing a third-party database for identification in a Web3 environment. Currently, we are not offering any stablecoin services to individuals in Mainland China.

As a digital asset technology company, we are dedicated to supporting the adoption of blockchain finance. Our goal is to contribute to a more inclusive and connected global marketplace by fostering trust, transparency, and efficiency in payments and commerce. We prioritize the security of transactions and strive to comply with all relevant regulations, as we recognize the importance of upholding regulatory standards.