Streamlining document verification for online transactions
Verifying documents for online transactions is a time-consuming and complex process, leading to frustration for individuals and businesses alike. By developing a digital document verification platform, this startup would offer a seamless and secure way to verify and authenticate various types of documents, such as IDs, passports, and certificates. The estimated market size for digital document verification is expected to reach $10 billion by 2027, with a compound annual growth rate of 20%. This startup idea falls under the digital document verification industry.