One of the biggest concern about Proof of Authority open network is who validators are?To bring more trust to validators in Oracles Network we create a series of Know-Your-Customer (KYC) micro oracles, such as Proof of Phone (PoP), Proof of GitHub (PoG), Proof of Physical Address (PoPA), and Proof of Bank Account (PoBA).
Using PoBA, a validator will confirm ownership of his bank account using integration service and our identity oracle. We plan to integrate DApp with Plaid. The service provides a widget where a user can log in to his bank account. After a successful login, the bank will send back a request (webhook) to the widget backend with confirmations. Plaid will send a webhook back to dAPP and PoBA will record that verification inside a smart contract.
Some visuals of the new oracle: