However, with each user having their own game accounts such as Steam which may contain hundreds of games, in-game items and money is vulnerable to malicious hackers or just plain carelessness of the account holder. The problem lies in the traditional login method which requires username and password to access the account making it easily traceable for hackers resulting in large losses for the users. Loss of wealth is not the only worry as private information such as credit card details are also in jeopardy, especially in the case of Konami incident.

Game developer giant Konami on the massive hacking incident on 2013 leading to numerous losses for both the company and its players

Undeniably, the old way of accessing accounts has proven to be unviable in terms of absolute security. This is where Xenchain.io and its eKYC makes an impact. Its eKYC solution requires live facial recognition to verify users’ ID or passport to ensure that only the true holder of the account is able to access it without breaches.

Lead Developer Daniel Pacheco on how to use the Xenchain application on the mobile platform

Gaming companies usually allocate a large budget for their customer service segment for users who have lost their accounts; either due to it being stolen or just having forgotten the password. These gaming companies can now reinvest that money into making more games instead of helping hundreds of gamers retrieving their accounts! (We need more games!)

As many cryptocurrencies have stepped into gaming such as Refereum, removing the middleman for in-game transactions as well as between users can now be done seamlessly without high transaction costs.

Join our Digital Identity project and learn about the ecosystem on www.xenchain.io or join our active Telegram group at https://t.me/xenchainio