Sumsub has launched its own Travel Rule protocol that lets us quickly process the data and confirm data exchange in case both Virtual Asset Service Providers (VASPs) are our clients.

How Sumsub protocol works

The Sumsub protocol utilizes the API to deliver data. During the data exchange between two Sumsub clients, in the details of the Travel Rule message, you will see that the information is sent directly via the Sumsub protocol. The counterparty will only get access to the full Travel Rule message data after confirming the wallet address ownership.

Sumsub protocol supports both types of Travel Rule messages: before-on-chain and after-on-chain (blockchain transaction).

The Sumsub protocol allows you to:

• Maintain user confidentiality.
• Comply with data protection rules.
• Seamlessly communicate with VASPs from any region where FATF recommendations are required.