GID Matrix

We’ve automated a secure way for businesses and users to obtain, verify, and share personal data.

GID Matrix is an innovative software solution minimizes the number of interactions between businesses and users with its automated verification process that allows users to authorize access to their personal data for businesses.

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The Most Trusted Platform For Digital ID Transaction

Business using GID Matrix make customer onboarding and verification process faster and secure. Our digital identity solution helps businesses across the industry to secure proof user identity and prevent password vulnerability of password reuse.

Secure identity that's completely under your control

The platform offers flexible solutions to users to authenticate their identity without compromise on their personal information like- government ID, security number, contact details, username/passwords, credit card details and more. Our GID Matrix stores all this information in a decentralized blockchain network and issues a unique sharable 16 Digital ID.

It enables users to take control over their data by providing them with a hassle-free solution to prove their identity when signing up with our partner merchants.




What is GID Matrix?

Together Let's Put An End To Digital Identity Fraud Across The Customers Journey.

Personal information is users and the company's most valuable resource. That leaves the question of how do we store, manage and share personal information to adapt to the changing technology movement. The Bithashax Matrix helps to make these tough decisions.

Bithashax Matrix solution uses an amalgamation of blockchain, AI, and data analysis technology to create an automated algorithm that secures user digital identity in three critical areas: trust, authentication, and authorization.

The existing identity management system is neither secure nor reliable. At every point, users are asked to identify themselves through multiple government-authorized IDs like Voter ID, Passport, Pan Card, etc. Sharing personal information with businesses concerns users' privacy and data breaches. Therefore, the Bithashex Matrix GID paves a path to self-sovereign identity through a decentralized network which ensures

  • 1. Privacy

  • 2. Trust

  • 3. Restricted use and share of information

What is digital identity gid matrix




How does it work?

Unlike traditional digital ID systems, GID Matrix decentralized systems allow a user to trust a credential directly without needing to have a relationship with the institution of the credential.

how does it work




Values, benefits & outcomes

For Business

Put customer to your first by gaining confidence.

Blockchain digital identity solution for business

For Individuals

Rethink the way you share digital ID in everyday life.

Blockchain digital identity for users




Want To Know More?

GID Matrix

Coming Soon!



Powered by a team

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Jafar Safari
CEO & Founder
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Jafar Safari

CEO & Founder

Jafar Safari, is the CEO and Founder of Bithashex OÜ and Money Globe Financial Group and has nearly two-decades of ripe expertise and dexterity in managing Global remittances. Jafar, with the main aim of streamlining the processing and trading of Digital Assets on Exchanges, have devised the BithashEx Platform to provide a sustainable environment for crypto-aspirants cohesively. An esteemed member of – National Crwodfunding and Fintech Association (NCFA) and As-sociation of Fiancial Professionals (AFP) Vancouver, Jafar has ceaselessly worked towards improving the user experience and enhancing the financial portfolios offered to clients

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Mohit Sirohi
Technical Director
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Mohit Sirohi

Technical Director

Mohit Sirohi is the Tech Director of Bithashex OÜ and CEO and Founder of Vegavid. An alumni from elite technical institute of Indian Institute of Technology (IIT Bombay), Mohit has rich expertise in development of innovative user centric solutions entailing latest technological enhancements.

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Naveen Kumar
Technical Director
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Naveen Kumar

Technical Director

Naveen is the Tech Director of Bithashex OÜ and CTO & Co-Founder of Vegavid Technology. He brings extensive experience from finance and eComerce domains. Naveen has worked as Vice President(Technology) in Morgan Stanley which is one of the leading investment banks on Wall Street. With over a dacade of proven experience in designing and developing complex enterprise grade applications, Naveen is leading various projects in Bithashex OÜ

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Ali Jafari
Accounting Manager
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Ali Jafari

Accounting Manager

Over half a decade of robust experience, Ali has rendered invaluable services to numerous Indigenous and Multi-national organizations and helped them undertake informed decisions to achieve amped up financial growth over the years. Proficient in Full cycle AP/AR ac-counting, Banking, SAP FI module, QuickBooks, Sage Accounting and MS office, Ali owing to his persistent determination and unque nhe-able work drive, has received sereral accolades for his countless efforts.

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Nauman Abuzar
Compliance Officer
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Nauman Abuzar

Compliance Officer

Nauman is a compliance, audit and accounts professional with more than 12 years of global experience across the Remittance, Cross-Border Payments, Money Services Business (MSB), Foreign Exchange, Cryptocurrencies, FinTech, Non-Profit Organizations & Financial Service Sector.His broad background includes regulatory compliance, operational compliance, AML/CTF/KYC compliance, design and implementation of the compliance process, oversight programs, policy developments, enhancement of operations, training programs, internal audit projects, accounting, and internal controls review.

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Carmen Celeste
Cyber Secutity Expert
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Carmen Celeste

Cyber Secutity And Threat Hunter

Carmen Celeste, a connoisseur in Information and Cyber Security has unrivaled experience of 25 years in development and improvisation of information security policies and standards based on ISO 27000 NIST, COBIT,ITIL Standards

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Akshay Arun Bapat
Technical Consultant
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Akshay Arun Bapat

Technical Consultant

Akshay Arun is an accomplished Technical Consultant working in the field of Computer Science with core focus on targeted Big Data andMachine Learning applications.An alumni of elite Indian Technical Institution- IIT (Bombay), Arun believes in continuously enhancing one's aptitude. Currently, he is pursuing Ph.D. in Computer Science from the University of Toronto.

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Faizan Khan
CSR Support
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Faizan Khan

CSR and Web Support

An adept Computer Engineer, Faizan has assisted many organizations with sound analytical judgements and assisted them in scaling of their digi-tal products internationally, with special context to RFID and Internet of Things. He also has remarkable experience in provision of customized commercial solutions to organizations accross the globe for efficient realization of their P-L, Growth, Sales and Distribution Policies

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Dhananjana Joshi (DJ)
International Marketing Manager
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Dhananjana Joshi (DJ)

International Marketing Manager

Dhananjana has a degree in MBA with core specialization in International Business from one of the Top Management Universities in India. She has remarkable experience in working with Clientele across all major Global Markets, including- USA, UK, Canada, Australia, Russia, GCC etc. She has developed synergistic Marketing plans for companies from IT, Pharmaceuticals, FMCG and Healthcare Sectors and contributed significantly towards attainment of their cost and profit optimization goals. Staying au courant with the tide of global technical evolution, DJ has benefacted innumerous enterprises with macro adaptation of Blockchain Technologies in order to enhance their international competitive advantage.

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Adrien Marchand
AML Director
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Adrien Marchand

AML Director

Adrien Marchand is AML director of Bithashex OU. After gaining expertise in the Legal and banking sector in Crédit Mutuel Arkea in Paris, now, Adrien is managing and directing the AML and personal data compliance division of Bithashex. Adrien ensures that compliance is duly applied and that the team is up to date with all the evolutions in regulation. He has been a part of the team of several cryptocurrency projects in Europe, before eventually fulfilling an ambition by raising up to Bithashex's management chair.

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BithashEx Crypto News

Frequently Asked Question

Below we’ve provided a bit of more information related to Bithashex GID Matrix. If you have any other questions, please get in touch using the contact form below.

What is Digital Identity?

A digital identity is a form of identity management over a computer network. The digital identity uses a process of binding a specific person to a set of credentials that can be used to prove identity. Just as a bank does not have to see your ID card to confirm that you have a valid bank account, a network should be able to confirm your identity even if you are anonymous. The difference is that a bank uses a physical card, and a network uses a digital identity.

Digital identity is important because most of our personal information is now stored online, with companies that have no connection to our real lives. If these companies are hacked, or if they are under governmental or hacker surveillance, then this is a danger to us, as our information is not protected. What is more, is that this information can be used against us, so it is important to have a protected online presence so that our information is not used against us. Digital identity is also incredibly important because it makes banking and other financial transactions so much easier. You do not have to remember passwords to your online accounts, and you never need to give out your pin or card details.

Digital identity is a digital form of an individual's personality. It is a way to secure your digital identity through a number of ways, but it all relies upon you setting up an email address and password that is secure enough to prevent someone from hacking into it. It is a good idea to have a different password for every single site that you visit, not just for your email or other places that you have accounts. You can also have a digital identity that you have created which is connected to your email, that way if someone hacks into your email, they won't be able to hack into all of your accounts simply because they don't have your password.

What makes Bithashex think to develop the Matrix?

Personal information is users and the company's most valuable resource. That leaves the question of how do we store, manage and share personal information to adapt to the changing technology movement. The Bithashax Matrix helps to make these tough decisions.

Available now, the Bithashax Matrix solution uses an amalgamation of blockchain, AI, and data analysis technology to create an automated algorithm that secures user digital identity in three critical areas: trust, authentication, and authorization.

Our team of financial market veterans are the real thinkers behind the Bithashex Matrix. The epiphany to transform the way how individuals create and share digital identity augmented the vision for Matrix.

Matrix aims to boost economic value creation by fostering increased inclusion, providing easy access to goods and services, reducing frauds, protecting rights, promoting digitization, and driving efficiencies.

According to the McKinsey Report, there are 3.2 Billion people around the world who have some form of ID or digital trail. While the remaining 4.4 Billion people have no or some form of ID but no digital trial.

The opportunity to create an algorithm that governs trust, personal control and ease-of-use of analogue IDs offers tremendous market growth.

There are many KYC/AML platforms but they just provide AML verification, which is automated and after the transaction goes if there is any problem then it requires manual verification from the backend.

Moreover, there are several other digital identity platforms based on blockchain technology but due to lack of market exposure or customer reach, they are not able to expand their services.

Regulatory bodies care about money movement to ensure no one is hiding a source of income. For governments, the adoption of blockchain technologies might include: helping enforcers to clamp down on avoidance of tax and other laws and regulations; to support monetary and fiscal policy via sovereign-backed cryptocurrency; to create digital land titling and other registries, to help citizens prove their identity and vote, and to increase the efficiency and transparency of public services. Pension and social security payments might be made more cheaply and transparently via blockchain, while health records might be shared securely between a patient and all relevant doctors.

In the next 4 years, we expect to partner with banks, financial institutions, and crypto exchanges to integrate the API of our matrix and reduce risk. Right now, there is an education push to help users and institutions understand the importance of decentralized networks and how they can benefit them.

We are already starting to see conversations around the technology shift from a heightened focus on cryptocurrency to how blockchain applications can streamline processes in business.

Matrix is in the pilot phase and once the API is in commercial space, we are excited to see some transformation in the digital identity space. Bithashex is envisioned to become a frontier in value creation for individuals and institutions around the world.

What are the use cases?

Following are popular use cases of Bithashex Matrix:

  • Defi Platform: Decentralised Finance (Defi) comes with its share of risks, but Matrix can help to get over those obstacles and realize its potential. With the rapidly increasing demand for the Defi platform, the users lack trust in sharing information. Defi apps are built to be interoperable, mainly due to their adherence to a single common standard, ERC20.

  • NFT Marketplace (Non-Fungible Token): is the other example where unique attributes can be packaged within them and exchanged for specifically tailored services.

  • Matrix enables Defi platforms to perform KYC: However, in the spirit of Defi, just as cryptocurrencies used to interact with these platforms are held non-custodial, the digital identity data can also be processed in a non-custodial manner.

  • Crypto Exchange: Crypt exchanges include P2P, OTC, and remittance services that often collect sensitive information about their users and store them alongside less-sensitive routine business data. This creates new business risks with the rise of user privacy-centric regulations such as GDPR and the shifting industry focus to corporate IT responsibility.

  • Banks and Financial Institutions: The financial sector possesses a large amount of personal data due to the nature of its core business. This wealth of data will mean a world of possibilities. Matrix aims to untapped opportunities for banks to become a trusted provider of user identity security across different sectors. Massive cyber breaks harness the bank reputation. Due to which users do not share sensitive information. Moreover, the cost of adopting KYC systems is high and requires huge manpower.

  • Immigrants and Travellers: Immigrants migrating to other countries may require to submit paperwork to legal authorities, banks, and other institutions. Matrix offers an exciting solution to users and institutions to track user identity on a ledger via a unique, immutable, and independently verified record.

  • Global Trade: Global trade is complex with multiple players, including exporters, importers, banks acting on behalf of each party, customs, freight forwarders, shippers and insurers. Establishing Matrix across this chain is critical both to ensure the security of trade and to facilitate efficient access to finance through the issuance of letters of credit or other instruments.

  • Legal Procedures: Lawyers and paralegals must conduct both identification and verification for the clients they serve. For anything involving a financial transaction, including payment of fees for services, lawyers and paralegals are required to conduct identity verification. This means lawyers and paralegals must take steps to ensure that the client and any instructing third party is who they say they are, using reliable, independent source documents or information.

  • Ecommerce Store: Matrix automatically fills the required fields with a shopper’s information, cutting out any tediousness in the checkout process. While a mobile wallet provides similar features online, a Matrix Digital ID can help provide further verification that the purchase is indeed being made by the cardholder.

  • Social Media Sites: On social media, users can create fake email id. Facebook is one of the biggest examples. Anyone can create a Facebook account with email verification. From a money-making point of view and a government point of view, it is important to regulate the sharing of information on social media.

  • Credit Union: One of the biggest challenges that credit card companies experience is the plaguing issues of identity fraud. Call centres associates ask for numerous personal questions such as confirming users birthday, age, address, or social security number before proceeding with the call.

  • Healthcare: Matrix modernizes the way medical services verify staff identities, qualifications and certifications, which in turn enables healthcare professionals to spend more time caring for patients. This allows patients and doctors to hold and control their own identities and credentials. A key challenge for healthcare professionals right now is the time-intensive nature of identity verification and credential compliance. The matrix model intends to reduce administrative burden by building trusted relationships.

With every transaction, there will be a certain amount of BHAX token the banks or institutions need to pay. Through API communicating with their platform then they will be charged in the form of BHAX.

Matrix will solve many problems of scamming, sharing information and reducing the cost of financial institutes, Defi and FD protocols. If you are using a privacy token you will be able to ensure that the transaction is done by authentic users.

Contact BithashEx Crypto

Any question? Reach out to us and we’ll get back to you shortly.