The transition to an on-chain economy is accelerating, but our identity stack is stuck in the past. 🔹 Stablecoins processed $40T+ in 2025 (~48% of on-chain volume). 🔹 @idOS_network is launching reusable, privacy-first KYC. 🧵 on why @idOS_network is the missing piece.
The Onboarding Problem Stablecoin volume scaled, but KYC didn’t. 🔹Current benchmarks show 50–80% of users drop off during crypto KYC. 🔸Why? Because users are forced to repeat the same verification flow for every new app, wallet, and exchange they join. It’s a UX nightmare.
The "ID Tax" Fragmentation isn't just a headache; it’s a financial drain. 🔹 Large financial institutions spend ~$200M annually on compliance. For fintechs and stablecoin-native firms, this can eat up 25% of their total budget. 🔸 Users repeat verification. Platforms rebuild compliance- again and again.
The Security Crisis Centralized KYC databases are "honeypots" for exploiters. 🔹 Breaches like MOVEit (2.85M records) and Coinbase (70k users) prove that even well-resourced platforms are vulnerable Once your biometric data or government ID is leaked, the damage is permanent.
idOS proposes a different model. 🔹 Network Layer: Decentralized storage (via Kwil) where users hold the keys to their encrypted data. 🔸 Integration Layer: The Access Management Protocol that handles cross-chain permissions and regulatory Time Locks. 🔹 Application Layer: Modular SDKs that let dApps verify you in seconds without ever seeing your PII.
Why This Matters for Builders. For dApps, @idOS_network is a game-changer. 🔹 Instead of building expensive compliance silos, apps can query the idOS network for pre-verified credentials. 🔸 idOS enables "passportable" user access and instant onboarding while eliminating data breach liability by requiring zero local storage of personal information.
The protocol-revenue engine of @idOS_network 🔹Gas Fees: Revenue from compute/storage actions on the idOS network. 🔹Access Grants: Protocol captures a 25% fee on credential queries. 🔹$IDOS aligns operators to capture a projected $20M revenue engine by 2028.
The broader question the paper asks is this: Can Web3 support global compliance without recreating centralized identity gatekeepers? idOS offers one possible answer. Read the full research paper by @idOS_network:
786