RealEstate.Exchange (REX), a platform for real estate trading, offering investors a regulated environment to buy and sell tokenised shares of real estate assets, is excited to announce its partnership with zkMe, leveraging their advanced KYC services to enhance user verification processes on the platform. This collaboration marks a significant milestone in REX’s mission to provide a secure, transparent, and user-friendly environment for real estate investors.
By utilizing zkMe, REX will enable users to undergo a one-time KYC verification process, the results of which can be reused across the tokenization ecosystem. This not only simplifies the user journey but also enhances interoperability among platforms, allowing for a more integrated and efficient network of services. zkMe will be integrated into Privado ID, the decentralized ID framework spun out of Polygon.
Claus Skaaning, CEO of DigiShares and REX, expressed enthusiasm about the partnership, stating,
“Integrating zkMe’s pioneering KYC technology aligns perfectly with our commitment to ensuring the highest standards of user security and regulatory compliance. Their innovative use of zero-knowledge proofs enables us to offer a seamless, privacy-preserving verification process that significantly enhances the overall user experience on REX.”
Alex Scheer, CEO of zkMe, added,
“We are thrilled to work with RealEstate.Exchange as they lead the way in tokenized real estate. Our goal at zkMe is to redefine KYC norms, providing solutions that respect user privacy while maintaining the highest levels of security and compliance. This partnership exemplifies how decentralized technologies can transform traditional industries.”
This partnership bridges real estate tokenization with privacy-first identity solutions, empowering investors to trade with both confidence and control. Moreover, the integration supports the development of DITO, an open and independent standard initiated by DigiShares, designed to be freely used by anyone in the industry to foster a more interconnected ecosystem. This standard is crucial for the scalability of tokenized asset trading and investment platforms.
About RealEstate.Exchange (REX)
RealEstate.Exchange is a platform for real estate trading, offering investors a regulated environment to buy and sell tokenised shares of real estate assets. REX combines blockchain technology with real-world applications to transform real estate investment and management. In the U.S., REX will be powered by Texture Capital’s SEC-registered Alternative Trading System (ATS).
About zkMe
zkMe builds zero-knowledge identity Oracles for truly decentralised and anonymous cross-chain credential verifications. Their native on-chain know-your-customer (KYC) and anti-money laundering (AML) compliance solutions maintain the decentralisation and privacy ethos of Web3. Personal information is never processed by anyone but the user themselves, ensuring privacy, security, and user acceptance. zkMe is the only Financial Action Task Force (FATF)-compliant KYC provider to be fully decentralised, offering a comprehensive suite of products from anti-bot, anti-sybil measures to KYC and more.
