Buying RWA assets like government bonds, real estate, and carbon credits sounds simple, but in practice, it can drive people crazy. According to the old rules, you have to repeatedly submit your passport and do facial recognition three times, each time risking privacy leaks. Institutional investors and RWA issuers are both exhausted by this process.
Is there a way to do it once and for all? zk-SBT (Zero-Knowledge Soulbound Token) might be a solution. The logic is straightforward: complete KYC at the certification center the first time, and the system will mint an APRO-KYC-SBT for your wallet. This token cannot be transferred or traded, but it is smart enough to carry ZK attributes—for example, "Country != US" (non-US users) or "Accredited = True" (qualified investor status).
On platforms like Aave Arc, the contract only needs to check whether you have this SBT and whether the attributes match, completing verification in one second. No need to flip through passports or do facial recognition again.
From a business perspective, this is essentially creating a "compliant dark pool"—participants prove their identities are clean while remaining anonymous to each other. It satisfies anti-money laundering requirements and protects privacy, perfectly addressing the pain points of institutional investors.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
6
Repost
Share
Comment
0/400
BearMarketNoodler
· 6h ago
zk-SBT sounds very ideal, but is it really practical? I'm a bit skeptical. Didn't those so-called "revolutionary" DeFi solutions say the same thing before?
View OriginalReply0
BrokenRugs
· 6h ago
The zk-SBT logic sounds good, but will its real implementation become a new privacy trap? It feels like just shifting the problem somewhere else.
View OriginalReply0
MeltdownSurvivalist
· 6h ago
Finally, someone has explained this broken process clearly: passport + facial recognition + privacy leaks, a cycle of torment. I like the idea of zk-SBT—one-time verification valid for a lifetime, followed by instant verification, it's awesome.
View OriginalReply0
MoneyBurner
· 6h ago
Wow, finally someone has pointed out the pain points of this KYC process clearly. Three facial recognition checks are truly a nightmare.
I've been thinking about the zk-SBT approach long before the project was launched. One token for a one-time solution is much more convenient than repeatedly submitting passports, and privacy can be maintained.
The key is that once this logic is proven to work, institutions will have a reason to push RWA, and liquidity premiums will be exploitable.
View OriginalReply0
Ser_Liquidated
· 6h ago
This zk-SBT sounds pretty good, but will it really be implemented in practice? Anyway, I've been burned countless times by KYC pitfalls.
View OriginalReply0
AirdropHunterWang
· 6h ago
zk-SBT sounds promising, but how long will it really take to roll out? It still feels like a beautiful vision.
Buying RWA assets like government bonds, real estate, and carbon credits sounds simple, but in practice, it can drive people crazy. According to the old rules, you have to repeatedly submit your passport and do facial recognition three times, each time risking privacy leaks. Institutional investors and RWA issuers are both exhausted by this process.
Is there a way to do it once and for all? zk-SBT (Zero-Knowledge Soulbound Token) might be a solution. The logic is straightforward: complete KYC at the certification center the first time, and the system will mint an APRO-KYC-SBT for your wallet. This token cannot be transferred or traded, but it is smart enough to carry ZK attributes—for example, "Country != US" (non-US users) or "Accredited = True" (qualified investor status).
On platforms like Aave Arc, the contract only needs to check whether you have this SBT and whether the attributes match, completing verification in one second. No need to flip through passports or do facial recognition again.
From a business perspective, this is essentially creating a "compliant dark pool"—participants prove their identities are clean while remaining anonymous to each other. It satisfies anti-money laundering requirements and protects privacy, perfectly addressing the pain points of institutional investors.