Self-sovereign digital identity creation platform Blockpass has announced plans to partner with token-issuing platform and exchange BlockEx as an official distributor of the much-anticipated PASS token, which was released on May 31st of this year. Blockpass is a blockchain-based identity verification application that supports user-centric digital identity creation facilitating seamless and cost-effective access to regulated blockchain services and connected devices.
The BlockEx Digital Asset Exchange Platform (DAxP) manages the entire lifecycle of blockchain based digital assets, including origination, issuance, exchange, settlement, and redemption. The DAxP includes a digital asset creation tool, exchange, clearing, settlement, registry and brokerage software.
PASS tokens, released on May 31st, enable Blockpass to offer shared regulatory compliance services for humans, companies, objects, and devices. PASS Tokens are being released through the Blockpass Token Distribution Event, supported by a list of distributors which now includes BlockEx.
“We’re very enthusiastic about this new partnership with BlockEx as distributor of the PASS token, but also as an opportunity to expand the Blockpass user base,” said Blockpass CEO Adam Vaziri. “This is one more step in growing our shared compliance and regulatory ecosystem.”
According to BlockEx CEO, Adam Leonard, “Becoming a distributor of the PASS token means we are supporting a more compliant regulated token ecosystem. It gives us the opportunity to grow and evolve with the changing landscape of the blockchain economy.”
Blockpass has announced a number of different partnerships lately, including Holdex, Myki, and Infinito Wallet. In addition, in April of this year, Blockpass announced the creation of the Blockpass Identity Lab – a research lab which will explore ways in which blockchain technology can protect personal data from online scammers and hackers.