Abstract
In order for tokenized asset networks to be accountable as Web3
marketplaces for token-related transactions, identity verification must
be conducted by gateways into those token networks. This includes the
identity validation and legal status verification of the originators and
beneficiaries, the gateway owners/operators, and other relevant service
providers. The classic identity provider model could be enhanced to
support anti-money laundering regulations, notably the Travel Rule. A
privacy-preserving IdP model in combination with a legal service
provider is explored where the IdP becomes the issuer of a blinded
attestation regarding the user attribute, and where the legal
representative with attorney-client privilege becomes the first point of
contact for requests for the disclosure of the blinded attestations.