Success Story | How Bondex Saves $5,000 a Month by Eliminating User Verification Costs

What is Bondex?

Bondex is a next-generation professional network built on blockchain technology, designed to connect over 5 million professionals worldwide. The platform emphasizes talent, reputation, and economic opportunities, enabling users to build verifiable credentials that open up new career paths. With a strong commitment to privacy, Bondex has established itself as a leader in the social side of Web3.

The Current Landscape

As a premier professional network in the Web3 space, Bondex must ensure that its more than 5 million users are genuine, leaving no room for fraud or identity impersonation. Recent headlines about hackers infiltrating North American companies to leak sensitive data have raised alarms across the board, highlighting the need for absolute trust in every hire. However, the steep costs of traditional verification systems made it nearly impossible to scale, and relying on alternative data sources proved both inconsistent and limited.

Our Solution

In response to this challenge, Didit’s free and unlimited verification system emerged as the perfect partner for Bondex in its mission to build a robust Web3 talent network. So, how did we do it?

• Document Verification: Bondex needed a global solution to facilitate onboarding from every corner of the world. Thanks to Didit’s tailored AI systems, the platform can now verify documents from over 220 countries and territories, detect potential fraud, and extract accurate information.
• Facial Recognition: Our AI-powered liveness test—available in both active and passive modes—helps Bondex fend off identity fraud (think deepfakes, masks, or pre-recorded videos) and ensures that only legitimate users gain access.
• User Experience: The process enables a quick and secure onboarding experience, completed in just seconds, which significantly enhances the overall user journey.

Why Didit?
 

“By integrating Didit into our system, we’ve eliminated all costs associated with identity verification and KYC. This has allowed us to scale our platform more rapidly while maintaining high verification standards and reducing the risk of fraud.”
 

Paul Martin, VP Marketing & Growth, Bondex

The Results

Didit has helped Bondex eliminate the expenses tied to user identity verification, resulting in monthly savings of approximately $5,000. This cost reduction has been a key factor in allowing Bondex to scale its operations—something that would have been nearly impossible with other, more expensive verification providers.

Moreover, users now enjoy an optimized onboarding process that takes only seconds to complete. This ensures that only real, unique individuals join the platform, without compromising security, reliability, or trust.

Ready to Be Our Next Success Story?

Didit provides free, unlimited identity verification and KYC solutions for businesses of all sizes and industries. If you’re looking for a partner to cut operational costs or comply with anti-money laundering regulations, get in touch with us! We’re excited to help you become our next success story.