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“After introducing ARGOS’s solution, eKYC for foreign customers became much easier.” – DSRV
DSRV is a blockchain financial infrastructure company that aims not only to implement blockchain technology but also to expand financial inclusion based on technology, building the next-generation financial infrastructure that enables anyone to enjoy the benefits of finance without restrictions. Although they had directly investigated and tested ID standards and forgery/alteration verification methods of various countries, they found that responding to the latest forgery methods or expanding global document coverage required continuous technical updates and management burdens, which made them realize the need for a more efficient and scalable solution.Check out the interview to see how DSRV is leveraging ARGOS!
Case Summary
- Company Name: DSRV
- Challenges: Different ID card standards, increasing complexity of tampering verification, and high resource consumption for maintaining global coverage
- Solution: ARGOS global document recognition, forgery detection, and wallet-linked authentication
- Achievements: Test environment ready within 1 hour
| Company Introduction
Hello, could you briefly introduce DSRV?
Hello. DSRV is a blockchain financial infrastructure company established in 2019. We provide blockchain infrastructure services such as validator operation, RPC node infrastructure, and wallet technology to global protocols and enterprises. Based on the technology and experience accumulated through validator operation, we are now expanding our business into custody and payments, covering the entire spectrum of blockchain financial infrastructure. Currently, DSRV manages over KRW 3 trillion worth of digital assets securely and has been providing incident-free infrastructure services since its foundation. We are collaborating with more than 160 global clients and, as of 2024, achieved approximately KRW 10 billion in revenue and KRW 3 billion in operating profit. We have also obtained the Virtual Asset Service Provider (VASP) license, establishing a legal and stable business operation system that complies with financial regulations.Could you briefly introduce DSRV’s business model and core vision?
DSRV operates with the vision of “World Wide Bank for Unbanked People,” which means providing practical financial services to those excluded from the benefits of the traditional financial system. Our goal is to build next-generation financial infrastructure that expands financial inclusion, enabling everyone to enjoy the benefits of finance without restrictions, going beyond simply implementing blockchain technology. To realize this vision, DSRV is preparing an all-in-one infrastructure service called “SPiKE Payment,” which supports the entire process of issuing and operating stablecoins for enterprises and institutions. SPiKE Payment is equipped with the technology and systems to handle everything from issuance, payments, settlements, custody, and regulatory compliance in one go. While it serves as an innovative means to improve efficiency in existing financial infrastructures, it also functions as a key foundation to build new financial ecosystems in regions with underdeveloped financial infrastructure.| Background of Introducing ARGOS
How did you address these challenges before adopting ARGOS, and what were the limitations of those methods?
While conducting a cross-border stablecoin payment PoC, DSRV directly investigated and tested ID standards and forgery/alteration verification methods of various countries to establish an eKYC process that meets AML requirements. However, the differences in national standards made implementation highly complex, requiring significant time and manpower to handle internally. Especially in responding to the latest forgery methods and expanding global document coverage, continuous technical updates and management burdens followed. Because of these limitations, we concluded that to push forward the PoC quickly and stably, we needed a more efficient and scalable solution.
Among the many identity verification service providers, how did you come across ARGOS Identity, and what was the decisive reason for choosing it?
As we prepared our cross-border stablecoin payment PoC, we reviewed various identity verification service providers. The decisive reason we chose ARGOS Identity was its broad support for blockchain-friendly features. It was already equipped with Web3-optimized functions such as global document recognition, forgery/alteration detection, and wallet-linked verification, which could be seamlessly integrated into our service structure.In addition, the dashboard allowed us to view essential information and metrics at a glance, and the webhook provided stable data integration on the backend, independent of the frontend, which was a big advantage. Since the service itself supports mobile environments, it was also convenient for designing user experiences. Combining these elements, our team judged ARGOS to be a partner that could respond flexibly and stably, not only for PoCs but also for scaling into commercial services.
| Effects After Actual Adoption
What changes did you notice after adopting the ARGOS solution?
The biggest change we experienced after adopting the ARGOS solution was that eKYC for foreign customers of various nationalities became much easier. In addition, we could carry out development and testing stably in the sandbox environment, which allowed us to catch potential errors before applying them to the actual service. The dashboard was very well-designed, so we could immediately check the information we needed, and even when inquiries arose before PoC demonstrations, the ARGOS team responded very quickly. Altogether, these aspects significantly improved the stability and speed of the entire verification process.