What is the primary purpose of RoobeeID?
Perhaps, every investor, regardless of whether he is a beginner or a professional, knows the situation when you have to undergo an almost endless cycle of registrations at different platforms.
Besides, it is necessary to confirm your identity each time for a full-scale work.
All this 👆 discourages most novice investors. Since you have to memorize a lot of e-mails, with which you have registered your account. In addition, lengthy KYC/AML verifications only exacerbate the situation.
With Roobee, users can forget about the routine process of multiple registrations, and the need to pass KYC/AML checks more than once.
The user will only need to register and pass the KYC/AML verification once, right on the Roobee platform.
After identity verification, user will be provided with RoobeeID, which allows to minimize the number of checks and requests for access to all investment products on the platform.
When working with the platform, user gets access to all Roobee services and certifies all necessary operations using the RoobeeID 🙌
Confirmation of the transaction comes down to opening the Roobee mobile application (via push notification) and approving this operation.
It is important to note that RoobeeID is implemented as part of the RoobeeWallet, which is developed by the Roobee team. The Roobee wallet will be available as a mobile application and browser extension.
Modern mobile operating systems securely isolate application data and prevent any unauthorized interaction between them.
Thus, a mobile application powered with RoobeeID provides a high level of security, while maintaining a high usability level of the app 🔓
In case a user works with Roobee web version and does not want to install RoobeeWallet extension, he can choose the option when his keys are stored on the Roobee side, encrypted with the user’s password. In this case, to sign the transaction, the user only needs to enter their password to decrypt the key stored on the Roobee side 👌
The mobile application will have built-in RoobeeWallet and the user won’t have to install any additional software.
