Proof-of-Identity (PoI) is a process of verifying and authenticating the identity of an individual, organization or entity. It typically involves the collection and validation of personal information such as name, address, date of birth, social security number, passport details, etc., and the verification of this information through reliable sources such as government-issued documents, biometric data, or other identification mechanisms. PoI is usually required for various purposes such as opening bank accounts, applying for passports and visas, accessing government services, or participating in financial transactions, to prevent identity theft and fraud.
