Yoti VS SmartAPI

• Security
  Yoti provides high levels of security through encryption and biometric authentication, ensuring that users' personal details are protected.
• Privacy Control
  Users have control over their personal information and can choose what details to share with businesses or individuals.
• Convenience
  Yoti allows for easy and quick verification of identity online, simplifying processes like age verification and password-free login.
• User Experience
  The app is user-friendly, providing a straightforward setup process and a simple interface to manage identity documents.
• Accessibility
  Yoti is available on both Android and iOS platforms, making it widely accessible to smartphone users.

Possible disadvantages

• Limited Adoption
  The service may not be widely adopted by all businesses, limiting its utility for some users seeking versatile identity verification solutions.
• Data Breach Concerns
  Despite strong security measures, any digital service is potentially vulnerable to hacks, which can be a concern for users wary of online data breaches.
• Dependency on Technology
  Users who are not tech-savvy or do not own smartphones may find it difficult or inconvenient to use Yoti.
• Initial Setup
  Some users may find the initial setup process involving capturing personal documents and biometric data to be cumbersome or invasive.

• Ease of Integration
  SmartAPI facilitates seamless integration with various systems, reducing the complexity and time required for connecting different software components.
• Comprehensive Documentation
  The platform offers well-detailed documentation, which aids developers in understanding and implementing APIs effectively.
• Scalability
  SmartAPI is designed to handle growing amounts of work, making it suitable for businesses looking to expand their operations without worrying about API performance bottlenecks.
• Security Features
  Provides robust security measures to protect data integrity and confidentiality, which is crucial for businesses handling sensitive information.

Possible disadvantages

• Learning Curve
  New users may face a steep learning curve when initially getting familiar with the system, potentially requiring training or consulting.
• Cost
  There might be a significant cost associated with using SmartAPI, especially for small businesses with limited budgets.
• Compatibility Issues
  There could be compatibility issues with older or less common systems that may require additional customization effort.
• Dependency on External Provider
  Relying on SmartAPI creates some dependency on an external provider for updates, support, and maintenance, which could be a concern for some businesses.

Yoti: The digital identity start-up @ SLUSH 2017

More videos

Algorithmic trading for traders using Angel Broking's SmartAPI

• Anyone with businesses that can be automated or can have an app/web-app/software built [NO CHARGES]

  Thats what I do on a daily at Yoti https://yoti.com ..dm me. Custom software is never free though. Source: over 4 years ago

• Swarm Markets now offers mobile crypto vouchers

  This is all made possible through a partnership with our identity provider Yoti. Vouchers can even be purchased from inside the Yoti mobile app. Yoti has 10 million active users that can connect their identity with just a few taps. UK... Source: about 5 years ago

Tracking SmartAPI since Mar 2021.