Scalable KYC and Seamless Payments: Bridging the Web2-Web3 Gap
Web3's promise of financial democratization remains hindered by clunky user experiences compared to Web2's frictionless transactions. While buying online takes seconds, blockchain onboarding still involves cumbersome identity checks, wallet complexities, and unfamiliar security protocols.
Innovations in risk-based KYC systems could transform regulatory compliance into a trust-building asset. Zero-knowledge proofs emerge as a critical solution, enabling verification without compromising personal data—balancing privacy with regulatory demands.
The path to mass adoption requires payment infrastructure as intuitive as Apple Pay. When compliance and privacy become native features rather than afterthoughts, Web3 may evolve from niche experiment to global commerce standard.