Dynamic Works - Don’t trust. Verify

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Don’t trust. Verify

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11 January 2025

Don’t trust. Verify

Dynamic Works Announces the Upcoming Launch of a Cryptographically Anchored Identity Verification Platform to Combat AI-Powered Fraud

With the support of the Research and Innovation Foundation (RIF), Dynamic Works is developing a next-generation KYC enhancement solution that addresses the growing threats of AI-generated fraud and identity manipulation.

This innovative platform, currently in its final development stages, introduces a cryptographically anchored approach to identity verification one that eliminates reliance on assumptions and replaces them with verifiable proof.

In an era where trust can be manufactured by deepfakes and voice clones, and where traditional methods are increasingly outmatched, Dynamic Works is championing a new principle for digital interaction: don’t just trust; verify.

Trust Without Proof Is a Vulnerability

The rising volume of identity fraud has exposed deep flaws in the KYC processes that many financial institutions still depend on. Traditional approaches relying on selfie photos, scanned documents, or text-based one-time passcodes are no longer sufficient.

These methods, once effective, are now vulnerable to sophisticated AI attacks that can fabricate entire personas in minutes. Deepfake videos, voice-cloning, and fake ID cards can convincingly impersonate real people, undermining the security assumptions of legacy systems.

From Assumptions to Cryptographic Proof

Dynamic Works’ forthcoming platform is a response to this evolving threat landscape. Built around NFC-based identity verification, the new system transforms the process from a subjective check into a cryptographically provable event.

Instead of asking users to upload images or input codes, the platform allows them to tap their biometric passport or national ID directly onto their smartphone. This action securely extracts encrypted personal data from the embedded chip data that is digitally signed by the issuing authority and impossible to forge.

Verifying the Real Person, Not the Illusion

After reading the chip, the user records a brief video selfie specific prompt. This real-time liveness check ensures the user is physically present and that their facial features match those embedded in the document’s chip.

The verification session also includes a spoken one-time phrase generated by the server and repeated by the user in the same video stream. This step links the voice, session, and timestamp into a single, tamper-proof record. The result is a cryptographically sealed identity proof that can be verified instantly by any relying party, without the need for proprietary software.

Redefining the User Experience

Beyond enhanced security, this new platform significantly improves the customer journey. The entire identity verification process takes under two minutes and is completed entirely on the user’s device.

There’s no need to scan documents, wait for manual reviews, or juggle passwords. With a privacy-first design, biometric templates remain securely on the user’s device, and only cryptographic hashes are transmitted—unless explicit user consent is given.

Built for the Future of Compliance and Security

Dynamic Works believes that trust must be earned through evidence, not assumption. This new platform exemplifies that belief by anchoring identity to cryptographic reality. Financial institutions and digital service providers will finally have a solution that is both secure and user-centric capable of resisting deepfakes, synthetic identities, and OTP-based fraud schemes.

As artificial intelligence continues to redefine what can be faked, the only viable defense is to raise the bar for what must be proven. Dynamic Works’ new identity platform offers exactly that: a robust, cryptographically anchored foundation for the next era of secure digital interaction.

In a world where digital trust is constantly under threat, it’s time to stop guessing and start verifying.

 

These innovations are part of the DISRUPT program, co-funded by the Research and Innovation Foundation of Cyprus, supporting breakthrough technologies that strengthen the country’s position as a tech and fintech leader. Dynamic Works is proud to contribute to this mission by developing solutions that are built in Cyprus and designed to scale globally.

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