Blockpass releases crypto’s first Unhosted Wallet KYC PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Blockpass lansează primul KYC pentru portofel negăzduit al cripto

Blockpass, the identity verification provider, is excited to announce a vital new service being launched to help businesses conform to new regulatory standards. With the release of Unhosted Wallet KYC(TM), companies are able to remain compliant with new regulatory laws that are coming into play globally in 2023.
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Unhosted or ‘non-custodial’ wallets are those for which individuals, rather than financial organizations, control the keys. Whilst many prefer to keep control over their own wallets given the variety of issues with businesses such as exchanges or trading platforms hosting them over the years, there is an inherent risk that those trading with them are involved with fraudulent activity, terrorist financing or other illicit activities. To combat this, regulators around the world are developing requirements for unhosted wallets to pass through KYC controls and prove that they own the wallet.

The world of crypto is going to be different, more regulated than ever from 2023 forwards. To ensure our current and potential customers are ready for it, Blockpass has developed and now released the very first Unhosted Wallet KYC solution, able to be implemented quickly and seamlessly to allow business customers to prove that user withdrawals to unhosted wallets are compliant.

Blockpass este un furnizor de verificare a identității digitale care oferă un gateway de conformitate cu un singur clic către servicii financiare și alte industrii reglementate. Prin Blockpass, utilizatorii pot crea, stoca și gestiona o identitate digitală securizată a datelor, care poate fi utilizată pentru un întreg ecosistem de servicii, achiziții de jetoane și acces la industriile reglementate. Pentru companii și comercianți, Blockpass este un SaaS KYC și AML cuprinzător care nu necesită integrare și niciun cost de instalare. Puteți configura un serviciu în câteva minute, puteți testa serviciul gratuit și puteți începe verificarea și îmbarcarea utilizatorilor.

Currently, with around one million verified user identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to get access to users, including those with unhosted wallets, with reusable digital identity profiles.

„Tendința crescândă a reglementării criptomonedei este ceva despre care am știut întotdeauna că vine și salutăm pentru a vedea o piață cripto mai puternică și mai larg acceptată.” a spus Adam Vaziri, CEO Blockpass. „Am monitorizat îndeaproape starea reglementărilor la nivel mondial pentru a pregăti, adapta și dezvolta produsele noastre pentru a îndeplini sau depăși viitoarele standarde de reglementare înainte ca acestea să afecteze afacerile. Ne asigurăm că toată lumea are timp să se adapteze la noile cerințe.”

Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience.

The existential need for DeFi projects to be regulatory compliant and the recent integrations and legal developments have led to a surge in interest for Blockpass’ On-chain KYC(R), the only live zero knowledge solution for Crypto KYC, and Unhosted Wallet KYC solution finally enabling blockchains and DeFi platforms to have a compliance layer. Through its work with Animoca Brands from early 2022, Blockpass provides a zero knowledge KYC service where the delivery of the verification result is provably sent and shown on a blockchain without sharing the underlying data. This represents a significant step towards the future Blockpass hopes to bring about where identity verification can be proved without revealing any personal information at all.
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