Design Objective

Objective 1 - Efficiency

To allow for increased process efficiency, three requirements had to be satisfied: end-to-end digital processing of relevant documents, automation of manual processes, and standardized exchange of eKYC documents.

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design-knowledge/kyc-framework-ssi-do1

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Producer label: Objective 1
Source paper: Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity
Timestamp: 2026-08-05T00:00:00+00:00
Bundle path: design-knowledge/kyc-framework-ssi-do1.md

bankingdesign-objectiveidentity-ssikyckyc-framework-ssiverifiable-credentials

Design objective Objective 1: Efficiency

The high cost and human resources involved in carrying out the current KYC process strongly challenges financial institutions. To allow for increased process efficiency, three requirements had to be satisfied to overcome the existing challenges: end-to-end digital processing of relevant documents, automation of manual processes, and standardized exchange of eKYC documents.

Source paper

This design objective is proposed by Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity (Vincent Schlatt, Johannes Sedlmeir, Simon Feulner, Nils Urbach, 2022).

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3 Design Requirements

design-knowledge/kyc-framework-ssi-r1-1

R1.1 - End-to-end digital processing of relevant documents

The end-to-end digital processing of relevant documents is a prerequisite for automating process steps and reducing friction.

bankingdesign-requirementidentity-ssikyc+2

design-knowledge/kyc-framework-ssi-r1-2

R1.2 - Automation of manual processes

In the current KYC process, many steps involving the validation of data are conducted manually; the de facto automation of manual processes is a key requirement.

bankingdesign-requirementidentity-ssikyc+2

design-knowledge/kyc-framework-ssi-r1-3

R1.3 - Standardized exchange of eKYC documents

A standardized exchange of eKYC documents is crucial to allow for the efficient integration of eKYC checks that have been conducted at other institutions.

bankingdesign-requirementidentity-ssikyc+2

1 Paper

papers/kyc-framework-ssi

Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity

The paper derives six design objectives (16 sub-requirements) for an SSI-based eKYC framework and demonstrates how blockchain-based self-sovereign identity can solve KYC challenges without violating data-protection regulation, deriving three nascent design principles that theorize blockchain's role for SSI: use blockchain only for public data, anticipate an ecosystem of various ledgers, and enable decentralization at the edge.

bankingblockchaindesign-science-researchidentity-ssi+3

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Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity
Paper
Source
Objective 1 - Efficiency
Target
Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity
Link label
Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity
Status
Resolved
Derived heading context: Source paper

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5 of 5 concepts · 11 directed relationships

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{
  "type": "design-objective",
  "title": "Objective 1 - Efficiency",
  "description": "To allow for increased process efficiency, three requirements had to be satisfied: end-to-end digital processing of relevant documents, automation of manual processes, and standardized exchange of eKYC documents.",
  "resource": "https://doi.org/10.1016/j.im.2021.103553",
  "source_paper": "Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity",
  "label": "Objective 1",
  "tags": [
    "kyc-framework-ssi",
    "design-objective",
    "identity-ssi",
    "kyc",
    "banking",
    "verifiable-credentials"
  ]
}

Design Objective

Objective 1 - Efficiency

Overview

Producer metadata and the represented concept document.

Concept identity

design-knowledge/kyc-framework-ssi-do1

Open concept record

Producer label: Objective 1
Source paper: Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity
Timestamp: 2026-08-05T00:00:00+00:00
Bundle path: design-knowledge/kyc-framework-ssi-do1.md

bankingdesign-objectiveidentity-ssikyckyc-framework-ssiverifiable-credentials

Design objective Objective 1: Efficiency

Source paper

Linked concepts

Concepts connected by incoming or outgoing native Markdown links.

3 Design Requirements

design-knowledge/kyc-framework-ssi-r1-1

R1.1 - End-to-end digital processing of relevant documents

The end-to-end digital processing of relevant documents is a prerequisite for automating process steps and reducing friction.

bankingdesign-requirementidentity-ssikyc+2

design-knowledge/kyc-framework-ssi-r1-2

R1.2 - Automation of manual processes

In the current KYC process, many steps involving the validation of data are conducted manually; the de facto automation of manual processes is a key requirement.

bankingdesign-requirementidentity-ssikyc+2

design-knowledge/kyc-framework-ssi-r1-3

R1.3 - Standardized exchange of eKYC documents

A standardized exchange of eKYC documents is crucial to allow for the efficient integration of eKYC checks that have been conducted at other institutions.

bankingdesign-requirementidentity-ssikyc+2

1 Paper

papers/kyc-framework-ssi

Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity

bankingblockchaindesign-science-researchidentity-ssi+3

Relationships

Directed links from Markdown. Heading context is displayed as derived metadata, not as a formal OKF predicate.

Outgoing links

Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity
Paper
Source
Objective 1 - Efficiency
Target
Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity
Link label
Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity
Status
Resolved
Derived heading context: Source paper

Incoming backlinks

Local graph

One-hop by default, with an optional bounded two-hop view. Nodes are concept files and arrows are Markdown links.

Knowledge graph

5 of 5 concepts · 11 directed relationships

Concept types

Raw metadata

The complete producer frontmatter, serialized without server paths or runtime data.

Show producer frontmatter

{
  "type": "design-objective",
  "title": "Objective 1 - Efficiency",
  "description": "To allow for increased process efficiency, three requirements had to be satisfied: end-to-end digital processing of relevant documents, automation of manual processes, and standardized exchange of eKYC documents.",
  "resource": "https://doi.org/10.1016/j.im.2021.103553",
  "source_paper": "Designing a Framework for Digital KYC Processes Built on Blockchain-Based Self-Sovereign Identity",
  "label": "Objective 1",
  "tags": [
    "kyc-framework-ssi",
    "design-objective",
    "identity-ssi",
    "kyc",
    "banking",
    "verifiable-credentials"
  ]
}