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Blockpass invests in Holdex to offer new cloud KYC compliant ICO platform

Published by CryptoNinjas.net
07/31/2018
Blockpass invests in Holdex to offer new cloud KYC compliant ICO platform

User-centric digital identity verification platform Blockpass has announced an investment in partner Holdex for the offering of a production-ready premium compliant ICO platform. The on-demand cloud-based platform will aid ICOs, token resellers and token distributors in ensuring seamless compliant interactions with investors.

By integrating Blockpass’ seamless KYC verification process into the Holdex platform, the partnership allows for a premium, painless investor registration and due-diligence process. Blockpass will work with Holdex exclusively to launch the new cloud-based platform.

Blockpass offers shared regulatory compliance services for humans, companies, objects, and devices. As an identity system that supports verification of humans (KYC), objects (KYO) and connected devices (KYD), Blockpass will enable the development of new applications that rely on a trusted connection between multiple entities.

Holdex strives to make ICOs easy and affordable by building reliable, flexible and user-friendly tools to support crypto crowdfunding campaigns. In doing so, Holdex ensures that campaigns will be the most secure and compliant by providing ICOs with top KYC and AML checks and reports.

“This really is the next generation of ICO services. Partnering with Holdex to create this premium platform means that we can offer seamless and compliant onboarding while ensuring that our partners have the best possible experience in setting up their token events.”

Adam Vaziri, Blockpass CEO

“We just couldn’t miss this strategic investment opportunity, as Holdex and Blockpass’ visions correlate. For Holdex, having Blockpass as not just a provider, but as a deeply integrated partner on both a technology and corporate level means creating a superpower when we are talking about compliance. I am confident that this strategic deal will be the start of a new exciting chapter for the Holdex platform and its customers.”

Vadim Zolotokrylin, Holdex CEO, CTO and Co-Founder

Blockpass also recently launched its own initial token Distribution event, which will run until November 30, 2018, with 250 million PASS tokens available. PASS tokens act as discount vouchers for Blockpass’ service offering while growing the Blockpass customer base as one of the first “KYC tokens” available on the market. The Blockpass airdrop will be open for registration through partner Infinito Wallet until August 12, 2018, with 2 million PASS tokens available.

Blockpass has announced a number of key collaborations recently, most notably with Edinburgh Napier University for the creation of the pioneering new blockchain research laboratory, the Blockpass Identity Lab. With five fully funded Studentships and led by Professor Bill Buchanan, the Blockpass Identity Lab will focus on the creation of knowledge and innovation around citizen-focused systems which enshrine the right to privacy.

PASS tokens are being sold to interested investors through a number of official token resellers. Official PASS token distributors include Blockrise, Insignal Services, and Corematrix. PASS tokens are officially listing on a growing number of exchanges starting in the last two weeks of July. These exchanges include Lykke, HitBTC, Gatecoin, and Cryptopia.

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