What Verifications Are Available in ChainIT?
ChainIT offers a unified set of identity, compliance, financial, and governance verifications that can be used across the platform by both individuals and organizations.
These verifications produce immutable, audit-ready proof that can be reused over time for onboarding, compliance, governance, and regulated workflows.
While these verifications are available platform-wide, KYC and KYB allow organizations to request and manage these verifications on behalf of other individuals or entities. Outside of KYC and KYB, verifications are self-initiated and privately owned by the user or organization.
Individual Verifications
These verifications apply to individuals, including customers, employees, officers, and beneficial owners. They are commonly used to establish identity, screen for compliance risk, and validate financial or regulatory information.
| Verification | Description |
|---|---|
| ID Verification | Authenticates a government-issued photo ID and confirms its validity. Includes ID authenticity checks, photo match and liveness detection, and DMV data verification where applicable. |
| Passport Verification | Verifies the authenticity of a passport and confirms the holder’s identity using biometric matching, including photo match and liveness checks. |
| OFAC Sanctions Check | Screens individuals against U.S. Treasury OFAC sanctions lists, including the Specially Designated Nationals (SDN) list, with real-time results. |
| PEP Screening | Identifies whether an individual is a Politically Exposed Person by checking global PEP databases and associated public office records. |
| Criminal Background Check | Performs national and state-level criminal record searches to identify reportable offenses or disqualifying history. |
| Sex Offender Registry Check | Screens individuals against U.S. national and state sex offender registries to identify any active listings. |
| SSN Verification | Validates an individual’s Social Security number by checking issuance rules, formatting, and identity consistency against authoritative sources. |
Organization Verifications
These verifications apply to organizations and their governance structures. They are used to confirm business status, ownership, leadership, financial activity, and regulatory standing.
| Verification | Description |
|---|---|
| Certificate of Good Standing | Retrieves an official Certificate of Good Standing from the state’s Secretary of State to confirm the organization is active and compliant. |
| Business Verification | Validates the organization’s legal registration, entity type, TIN, address, and current status using authoritative government records. |
| Watchlists | Screens the organization and associated individuals against U.S. federal and international watchlists for sanctions or compliance flags. |
| Annual Report (Officers & Directors) | Collects confirmations from officers and directors to verify that governance documents and leadership records are current. |
| UBO Structure Reverification | Reconfirms ownership and control by having Ultimate Beneficial Owners validate statutory officer authority and ownership structure. |
| Bankruptcy / Liens / Litigation | Searches public records for bankruptcies, active liens, or pending litigation involving the organization or its principals. |
| 501(c)(3) Nonprofit Status Verification | Confirms an organization’s IRS-recognized 501(c)(3) nonprofit status using official IRS records. |
Next:
- Learn how to request reverifications for customers through KYC or KYB.
- Learn about initiating verifications for your organization or internal users.