Media

Waves Integrates Blockpass KYC Connect®

May 07, 2019




Waves, a major blockchain company and Web 3.0 pioneer, is partnering with Blockpass, KYC provider and identity management system, to bring KYC Connect® – an easy and transparent KYC instrument for developers and users – to the Waves Platform.

"Waves’ team keeps developing our platform while focusing on the features and instruments requested by the community and required for the smooth and effective decentralised applications development process." says Sasha Ivanov, Founder and CEO of Waves. "As KYC, KYD and KYO are essential parts of decentralised solutions for the regulated industries that are required for any application aiming for mass adoption, we are now partnering with Blockpass and integrating its KYC Connect®, one of the leading solutions to provide shared regulatory compliance services."

Blockpass is a digital identity application and service which puts the user back in control of their personal data. Blockpass provides a streamlined and cost-effective user onboarding process for regulated industries and any kind of online service. From the Blockpass application (available for both Android and iOS), users can create, store and manage data-secure digital identity that can be used for an entire ecosystem of services or token purchase.

“This is a world-first partnership for Blockpass and implementing our KYC-forward token on a platform like Waves means that we can offer a much broader service within the realm of securitised asset trading.” Adam Vaziri, Blockpass CEO, stated. “Waves is a pioneering platform for Web 3.0, and identity will no doubt be the underpinning pillar to support that growth of decentralisation.”

As soon as technical integration of the Blockpass KYC Connect® is completed, specially issued Waves PASS tokens will be airdropped to all Waves' users.

Once Waves PASS have been received, users can verify their profile by downloading the Blockpass mobile application, submitting the required documentation and receiving certificates. After verification, users can submit this information to the Waves PASS whitelisting service by scanning the QR code on the Waves official website.