Verification

Module Overview

This module deals with data pulls and verifications. Examples include:

• Property owner names

• KYC status for a user account

• Monthly income

• Credit Score(USA)

Not all of these will be directly accessible for specific users and personal data is only accessible for the owner of data fields of this nature. For example, we allow a user to view their estimated income level through use of open banking integrations on a advisement dashboard(see portfolio module) and at application time, but a property manager cannot see this. The processing from their perspective fir a prospective tenant takes place in a verification pipeline that works the following way:

1. The management user selects the types of screening they wish to perform.

2. They list a property in listing module configuring criteria for various conditions.

3. A user applying pulls data, while we run all the desired verification checks based on management config in our backend service before returning the data to the user.

4. The user is presented with their data fully viewable as well as a break down of conditions they satisfied.

At this point they have freedom to proceed, which we will cover in the listing module.

Sign Up

Registering for RENTOP is a straightforward process and the first step of the verification process. Users should first click connect to begin connecting or creating a Web3 wallet. They will be prompted to connect a wallet. They can use any third party account, their phone number, or an existing wallet. For advanced users who will be making use of our later portfolio dashboard, we highly recommend bringing your own existing wallet, but users primarily interested in rental functionality and those who don't have existing funds to work with may use a seeded wallet from their social verification without any issue for generating their account.

For those less familiar with web3, the wallet will act as the unique credentials that no one else will be able to access this is cryptographically secure.

At this point if a user has previously registered, they will be routed to home, but new users will be prompted to verify their identity. Which option they should pick should be determined whether they are an individual user, either looking to apply or rent out property at small scale level, or individuals acting on the behalf of a legal entity that is the holder of the property. The former should complete the Know Your Customer(KYC) screening, where the later should finish the Know You Business(KYB) screening.

We use Zyphe for our KYC provider. Clicking the link will route you to their site, ask you to provide an email to link to their store, and eventually ask you complete the process via mobile phone with the document type of your choice.

Once the process is complete, simply closing out of the original Zyphe window and going back to the RENTOP web page should route you to the home page of RENTOP when we receive communication from Zyphe when registration is completed. All that is stored on our end is document type that was used to verify and the web3 address that is associated with registration. This allows us to know a user has completed onboarding without requiring any personally identifiable data points to be saved.