#Japan #Tokyo #LIQUID #eKYC #LinksMate

Liquid and LogicLinks Collaboration

The ELEMENTS Group's Liquid Inc. has recently announced a strategic partnership with LogicLinks for its MVNO service, LinksMate. This collaboration introduces the LIQUID eKYC, an advanced online identity verification service. This innovative solution is designed to simplify the process of user authentication during sign-ups and other service interactions, leveraging IC chips and facial recognition technology.

What is LinksMate?

LinksMate is a mobile virtual network operator (MVNO) service aimed primarily at gamers. It offers more than just regular data consumption—as users can benefit from significant reductions in data charges through its ‘Count-Free Option’ and enjoy integrated gaming rewards. This makes LinksMate not only an economical choice for gamers but also a game-changer in how they connect online. For instance, data usage for gaming, content, and social media is reduced by over 90%, allowing gamers to enjoy seamless connectivity without worrying about excess charges.

The Implementation of LIQUID eKYC

The LIQUID eKYC service significantly improves the verification process by employing a two-factor authentication method compliant with the Mobile Phone Fraud Prevention Law. Users are only required to perform a simple selfie alongside the scanning of an IC chip from official identity documents such as driver’s licenses or residency cards. This is facilitated through the LIQUID eKYC app, which exclusively handles the IC chip reading.

Efficiencies and Benefits

The integration of this system brings numerous advantages:

• - Automated Screening: The presence of IC chips enables automated verification processes, resulting in an impressive automatic approval rate of approximately 99%. This reduces the operational workload, eliminating the need for manual checks and minimizing incidences of unclear or incorrect submissions.
• - Reduction in User Input: With the automatic extraction of data such as names and addresses from the IC chips, users no longer need to fill in these details manually, thereby easing the input burden considerably.
• - Fraud Prevention: By verifying electronic signatures on IC chips and matching facial data from self-portraits with official documents, LIQUID eKYC effectively guards against identity theft and fraudulent applications.

eKYC Market Leadership

LIQUID eKYC has established itself as a leader in the eKYC sector, maintaining its No. 1 market share for six consecutive years. This service enables efficient online identity verification for contracts, account registrations, and more, ensuring a hassle-free onboarding experience. With extensive usage across various industries and a cumulative verification count of about 130 million, it is also notable that LIQUID has contracts with around 600 businesses.

About Liquid Inc.

Founded in December 2018, Liquid Inc. is focused on harnessing biometric technologies to facilitate seamless and secure service access for all individuals worldwide. Positioned in Tokyo, the company aims to provide solutions that span various sectors from financial transactions to personal data verification. The mission is clear: to innovate how identity verification is handled in the digital age.

• - Website: Liquid Inc.
• - Liquid eKYC Service: LIQUID eKYC

Liquid’s dedication to transforming the identity verification landscape aligns closely with LogicLinks and LinksMate’s vision of providing enhanced gaming experiences and secure mobile services. Together, they are paving the way for a more secure digital future.