KYC once, trust everywhere

KYC stops being a $50 billion annual tax on financial onboarding. Midnight makes it a reusable, self-revoking credential. Almost all duplicated effort is eliminated.

Creation Foundation-MUFG completes KYC and generates a KYC Passport: a mathematical proof confirming verified identity, clear of sanctions, low AML risk — without sending a single document.
Verification Foundation-Nomura verifies the passport against Midnight in under 2 seconds. Account opened. No document request. No 6-week onboarding.
Cross-border Foundation-Barclays (London) accepts the same passport with a cross-jurisdictional compliance proof that GDPR, APPI, and FCA requirements are all met.
Revocation If sanctions status changes, Foundation-MUFG emits a cascading revocation. Every institution holding the passport receives an automatic cancellation notice.

Midnight Anchor: The KYC Passport is a Midnight-anchored proof. Revocation is instant and cascading. Quality is incentivised by on-chain reputation scores. The institution that does the best KYC earns the most downstream trust.