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Blockpass Provides KYC and AML to BitcashPay for IDO

March 2021
For immediate release - 31 Mar 2021 - An addition to Blockpass’ latest slew of announcements comes this week as Blockpass reveals a new partnership with BitcashPay, the blockchain solution for cashless transactions. In this partnership, Blockpass provides KYC and AML services for BitcashPay, which has already started with over 1000 profiles verified as BitcashPay launched its IDO.

BitcashPay provides secure blockchain infrastructure network platforms and DeFi ecosystems for cashless transactions. BitcashPay currently offers decentralized lending, staking, and wallet services, with options such as decentralized exchange, payment system, trading AI, crypto academy and others on the way. BitCashPay aims to help the large and steadily growing group of investors in the DeFi space, with low trading latency, high liquidity, AI integration and simple navigation of platforms amongst other benefits.

Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users.

"We’re excited to start working with BitcashPay as they work to expand and improve the DeFi ecosystem with efficiency and simplicity in mind.” said Adam Vaziri, Blockpass CEO. “We have focused on similar values here at Blockpass in regards to KYC and we’re delighted that BitcashPay recognises and embraces the importance of regulatory compliance to help the blockchain space move forwards .”

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 have led to a surge in interest for Blockpass’ On-chain KYC™ solution which promises to change the way blockchains enable compliance. Its recent integration with TrustSwap expands Blockpass’ services to a whole new raft of businesses and solutions.

With a current 90%+ discount on its services, a fact made possible due to the unique reusable nature of its verification method, and put in place to help as many people as possible access KYC in the current pandemic, there has never been a better time to explore the potential of Blockpass. The Blockpass App is available from the App Store and Google Play.  

 

About Blockpass

Blockpass, the pioneer of On-chain KYC™,  is a fast, fully comprehensive KYC & AML screening software-as-a-service for blockchains, Crypto, Defi and other regulated industries. With Blockpass, you get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration necessary, free testing, immediate launch and at the lowest cost. Blockpass’ KYC ConnectTM platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly. By integrating with Chainlink Network – a decentralized oracle solution -  in early January, Blockpass introduced the first On-chain KYC™ solution that will service many blockchains in the years to come. 

 

For more information and updates, please visit and sign up to the following:

Promotional video: https://youtu.be/SvO2cw3e-SI

Website: http://www.blockpass.org

Email: [email protected]

 

About BitcashPay

BitCashPay Financial Technology Inc. aims to be one of the largest payment solutions that globally provides real-time transaction balance and history. It provides secure Blockchain infrastructure network platforms and DeFi ecosystems for cashless transactions

 

Website: https://bitcashpay.net/

Twitter: https://twitter.com/Bitcashpay1

YouTube: https://www.youtube.com/watch?v=AP__pcStdBE&ab_channel=BitCashPayOfficial