Everest.org received a grant from the Ethereum Foundation to work on EIP-725/735 and this proposal is an ‘extension’ of that work.
EIP xxx: EverID ENS Text Record Type
|Author||[Mike D. Kail](mailto: [email protected])|
This EIP defines a text record key for ENS that returns the ERC-725 Identity Contract Address. This allows ENS name holders to associate their unique Digital Identity with multiple wallets
Digital Identity should be a first-class citizen and is the initial route to achieving proper financial regulatory status, including KYC/AML processes. It should also be easy to remember a person’s Digital Identity using an ENS name instead of trying to memorize Smart Contract addresses
This EIP is a K/V addition to the existing ENS Resolver
The resolver interface consists of the following method:
function text(bytes32 node, string key) constant returns (string text);
The proposed key addition is:
vnd.everid - an ENS name such as mdkail.everid.eth
And the value returned is the ERC-725 Identity Contract address associated with the ENS name
Identity Verification (IDV) and the KYC/AML processes only make sense in the context of a unique, live human identity, not a wallet. This key/value type allows the association of multiple wallets to a single Digital Identity as well as any ERC-735 attestations that may have been performed. Financial Regulatory compliance is extremely important, and is only going to become more stringent in this age of digital transformation. We want to solve for that now.