Photo - Wall ID
59027

Wall ID

United Kingdom
Market: Blockchain
Stage of the project: Idea or something is already done

Date of last change: 15.11.2022
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Idea

Wall ID is a decentralised ID Wallet, based on verified credentials, that allows users to securely pass ID data together with payment to online travel service for 1-click check-out and check-in.

Current Status

Clickable prototype done. Idea validation with customers done via interviews. Idea validation is done with 3 online travel services. Attracted 2 advisors from Expedia and Skyscanner.

Problem or Opportunity

80% cart abandonment in online travel, low customers trust for storage of their personal data to the companies

Solution (product or service)

it is impossible for traveller to book online travel in less than 1 min because they have to fill in personal data each time. 45% are ready to switch sites because of that. And only 30% of customers trust their personal data storage to companies

Business model

Transactional business model similar to payment systems.
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Idea
Current Status
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Finance
Invested in previous rounds, $
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