Instruxi partners with Chainlink, CLEAR and Space and Time to launch privacy-first ID solution for US web3 users
Quick Take
- Instruxi Mesh ID provides a high-level identity verification service through CLEAR’s API, simplifying the know-your-customer (KYC) process while maintaining privacy on the blockchain.
- Chainlink’s infrastructure enables the Instruxi Mesh ID to integrate with enterprise systems, ensuring secure interactions both onchain and offchain.
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Web3 companies Instruxi, Chainlink, CLEAR and Space and Time announced Tuesday the launch of the Instruxi Mesh ID, an identity solution that prioritizes efficiency and privacy for U.S.-based web3 users.
The Instruxi Mesh ID marks the first module in its Real-World Asset (RWA) platform. Built in collaboration with CLEAR, the Mesh ID provides a high-level identity verification service through CLEAR’s API, simplifying the know-your-customer (KYC) process while maintaining privacy on the blockchain. This integration enables U.S.-based users to complete pre-approval via CLEAR, cutting KYC wait times and boosting convenience and security, according to a press release.
"We are thrilled to announce the closed beta release of the Instruxi Mesh ID platform, a collaborative effort with Chainlink, CLEAR, and Space and Time," said Austin Przybysz, co-founder and solutions architect at Instruxi. "This use of KYC and identity verification with Instruxi Data Mesh, is key to our innovative universal policy enforcement capability."
Chainlink’s infrastructure enables the Instruxi Mesh ID to integrate with enterprise systems, ensuring secure interactions both onchain and offchain. It leverages Chainlink Functions to connect with real-world data through APIs, while Chainlink Automation ensures scalable, decentralized, and cost-effective operations. Additionally, Space and Time’s zero-knowledge database enables privacy-focused verification, allowing users to validate certain aspects of their data and identity without disclosing sensitive details.
"This collaboration opens the door for millions more users to seamlessly access RWAs through widely adopted identity platforms like CLEAR. Instruxi’s solution, leveraging the Chainlink platform, has the potential to play an important role in bringing seamless, secure, and transparent identity and KYC technology to tokenized assets," said William Reilly, global head of CeFi at Chainlink Labs.
Instruxi is poised to introduce tokenized real estate to its closed beta users, according to the release, with plans for expansion as the platform progresses toward a full release.
"With 45 years of experience in enterprise information technology, I'm thrilled to have discovered Instruxi's platform. It now serves as the data governance cornerstone for all the technologies my team is implementing. Instruxi is truly the bridge connecting the established enterprise Web 2.0 and the emerging Web 3.0 world.” Vince Albanese, Direct Trust Standards Board Chair, Chair of TIM+ Consensus Body, Co-Chair Innovation Priorities Workgroup.
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