KYC For Token Offerings
Secure KYC Solutions for Token Offerings and Compliance
Ensure compliance and enhance security for token offerings with Blockpass's KYC solutions. Our digital identity verification services streamline onboarding, protect investors, and meet regulatory requirements.
The initial coin offerings (ICO) market reached more than $10 billion in 2017 and more than $11 billion in 2018.
Since 2018, the amount of funds raised from crypto token sales has come down significantly to a few hundred million per year but they are still a very viable crowdfunding method in the form of compliant initial exchange offerings (IEO) and security token offerings (STO). In response, governments have felt the need to formulate laws and regulations to ensure that these forms of fundraising are compliant and safer for investors.
Thus, compliant KYC procedures will not only establish the credibility of your project but also allow it to reach a global audience by expanding the number of jurisdictions in which it can take place. PwC China listed proper KYC and AML framework and procedures as one of the best practices of token sales.
Why Blockpass is a perfect third party KYC provider?
Once users create a Blockpass Identity Profile and upload their identity documents and required data, Blockpass will rapidly verify and authenticate information at the highest standard of regulatory compliance. Blockpass provides ongoing AML monitoring for better risk control, as well as the capability to connect with any database, sanctions or investors list and issue certificates against them. What’s more, you’ll gain access to the Blockpass ecosystem of pre-verified users, and promotional support to get the most out of your token offerings.
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BLOCKPASS
A Complete Solution Portfolio
Blockpass offers a multi-product portfolio that allows merchants to choose the scale of solution that applies to each business and jurisdiction. Whether a business wants only Face Match certification, or if they also require KYC, AML or enhanced SLAs, Blockpass is able to offer a full range of identity verification solutions.