Security token platform Polymath today announced a strategic collaboration with digital identity verification solution Blockpass, to provide clients of the platform streamlined identity verification, simplifying user onboarding and decreasing required resources in the process.
Polymath is a decentralized platform that makes it easy to create and manage security tokens. In addition to providing the technology to power security tokens, Polymath gives security token issuers access to the Polymath Service Provider Marketplace, where Blockpass will be listed as a KYC provider.
Headquartered in Hong Kong, Blockpass is a RegTech and compliance platform which provides digital identity verification as a service.
Through its vast network of partners, Blockpass is creating an ecosystem of pre-verified customers for easy and seamless customer onboarding for any regulated business and industry. The Blockpass portfolio of KYC Connect products allows businesses to implement the right solution for their needs through the use of an API.
Blockpass continues to work on expanding its uses and features, with multiple partnerships announced this year, including Waves, Tokenomica, the BBFTA, and Ethfinex. There have been a number of updates to the app, with the most significant seeing the release of Face Match Certification.