China RealDID Enables First Cross-Border Zero-PII KYC Trials, Led by Red Date Technology and Global Partners in Hong Kong

Hong Kong, November 8, 2024 — Red Date Technology, together with China Mobile, OpenWallet Foundation, IDA, Flare, and Terminal 3, has successfully demonstrated the world’s first cross-border Zero-PII (Personal Identifiable Information) KYC Trials powered by China RealDID. Four groundbreaking use cases were unveiled at the DID-based Cross-Border Identity Summit — Hong Kong. The event also marked the launch of Project OpenDID, signaling a watershed moment for privacy-focused identity solutions.

Launched last year by China’s official identity management authority, China RealDID is the world’s first national-level decentralized identifier system. Built on top of the national citizen database, China RealDID adds a layer of anonymity through public-private key pairs, allowing citizens to use self-sovereign identity keys for both online and offline interactions while ensuring zero personal identifiable information exposure through ZK-based anonymity.

“China RealDID represents a monumental shift in how government-issued digital identity is managed, and we are proud to lead its first application trials outside Mainland China,” said Yifan He, CEO of Red Date Technology. “This milestone lays a solid foundation for anonymous identity authentication and verification across two shores, reflecting the international potential of Chinese blockchain technology to safeguard user privacy without compromising compliance.”

Red Date Technology has been instrumental in bringing China RealDID into everyday life scenarios and regulated blockchain-based applications. The four trials presented highlight the versatility and practical value of China RealDID in cross-border privacy protection:

• Track#1: China RealDID for entry inspection at Hong Kong borders.

• Track#2: Anonymous registration on a regulated stablecoin wallet app (partners: Flare and IDA).

• Track#3: Purchase token-based financial products with built-in tax compliance (partners: Flare and IDA).

• Track#4: Anonymous “Travel Rule” between Financial Institutions.

These four trials each tackle a real-world challenge in privacy and identity verification using China RealDID. Imagine Mainland Chinese visitors entering Hong Kong using their China RealDID instead of a physical travel permit, leveraging this encrypted yet real-name identity — represented by a random string of numbers — to complete KYC procedures and access regulated digital financial services. In commercial settings, users remain fully anonymous, with only certain government authorities able to link the DID to its real identity if absolutely necessary.

“No third party, including the service provider, technology vendors, governments or any other entities, can monitor how, where, or when users use their self-sovereign identity,” added Daniel Goldscheider, Founder of the OpenWallet Foundation. “For the first time, we’re combining government-issued identity verification with ironclad privacy — a true leap toward data sovereignty and a pivotal move in enhancing Hong Kong’s status as a pioneering Web3 hub.”

In addition to the four trials, the launch of Project OpenDID (opendid.io) by summit co-host OpenDID Foundation marks another breakthrough in cross-platform identity verification. Already live and fully operational, OpenDID connects digital identity systems and facilitates their trustless communication across Web2 and Web3, blockchain ecosystems, and jurisdictions. Deployed on all major blockchain environments, OpenDID oracles are open-source for public use and audit.

International efforts to advance user-controlled data regulatory frameworks are gaining momentum, particularly in the U.S., EU, and Singapore. Currently, China RealDID and the model developed through it — adding a public-private key anonymity layer onto the national citizen database — present the only practical and cost-effective approach to achieving privacy-preserving identity authentication and verification. This model draws a blueprint for worldwide adoption, where each country builds its own national DID system, fostering both domestic and cross-border anonymous identity data exchange.

About Red Date Technology

Red Date Technology is a decentralised cloud infrastructure company headquartered in Hong Kong that is dedicated to building next-generation multi-party system infrastructures for internet communications, digital economies, and digital payments.