With IdentityChain, service providers like financial institutions will be able to provide their services to customers in a faster and cheaper way by verifying a customer's digital identity - as unforgeable proven by an attester - using a distributed identity management platform instead of running an own costly KYC process. Customers will have exclusive rights to grant or revoke service providers access to particular attributes of their proven digital identity via an easy-to-use and well-designed mobile application.