[Press Release] Blockpass Provides KYC Services for Blitz Network

HONG KONG, Jan 11, 2021 – (ACN Newswire) – Blockpass is proud to reveal another new partnership, this time with Blitz Network – a union of miners, cross border traders and early cryptocurrency investors. As part of the financial landscape, Blitz Network requires KYC certification for larger volume users, which Blockpass will provide in a seamless and effective manner through its KYC Connect solution. In addition, Blitz Network has made a strategic investment in Blockpass.

Blitz Network has been trading over-the-counter for high net-worth individuals (whose eligibility is subject to KYC checks and other requirements) since 2013, and pools its liquidity from clients and partners in Beijing, Hong Kong and Tokyo. By actively networking with banks, exchanges and brokers, Blitz aims to work closely with counter-parties to transfer value globally as fast as possible. It currently supports BCH, BTC, ETH and EOS, and has a USD50,000 requirement for OTC trading.

Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. From the Blockpass Mobile App, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users.

“It’s always rewarding to see a company in the financial sector embrace Blockpass’ unique KYC solution,” said Adam Vaziri, CEO of Blockpass. “Whilst we have shown Blockpass’ ability to handle high rates of onboarding in the past we can now demonstrate, through our partnership with Blitz Network, that a lower volume of high net-value individuals can be catered to just as well. We look forward to working with Blitz to enable KYC and regulatory compliance in this critical category for compliance.”

“At Blitz we like to do things fast so we don’t waste our client’s time. We also like to provide a comprehensive service so we can tailor make solutions. And we prefer to hide the grunt work so our customers just see clean results,” stated Blitz management team. “Blockpass does all of the above, and will prove to be a synergistic partner of ours for years to come.”

Blockpass has grown significantly in size and use since its inception, both in the number and range of users and companies it has partnered with, and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. Blockpass has seen rapidly increasing numbers of users in the past year as its identity verification solution is used for ICOs, STOs and IEOs, including supporting a number of successful fundraisers in the past few months.

With a current 90%+ discount on its services, a fact made possible due to the unique reusable nature of its verification method, and put in place to help as many people as possible access KYC in the current pandemic, there has never been a better time to explore the potential of Blockpass. The Blockpass App is available from the App Store and Google Play.

About Blockpass

Blockpass is a fast, fully comprehensive KYC & AML screening software-as-a-service for Crypto, Defi and other regulated industries. With Blockpass, you get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration necessary, free testing, immediate launch and at the lowest cost. Blockpass’ KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly.

For more information, please visit:
Promotional video: https://youtu.be/SvO2cw3e-SI
Website: http://www.blockpass.org
Email: [email protected]

About Blitz

Blitz Network is a proprietary trading firm with a focus on high touch OTC servicing. We have been helping high net worth individuals buy and sell crypto since 2012. Our advantages are competitive pricing, near-instant settlement, and execution services. We also offer assistance with crypto-friendly banking, regular Blitz Metrics analysis, and tailor-made financial tools for miners.

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

Workplace

The Power of Introverts at the Workplace

Psychologist Carl Jung describes introverts as people whose interests are directed inwards and towards their own thoughts or feelings. They typically struggle to adjust to social settings and are perceived as being reserved. Thus, at a workplace, the introvert might come across as a quiet or unsociable person and end up unnoticed, no matter how big their contributions might be.

Cryptocurrency without the Risk

The Benefits of Cryptocurrency without the Risk: Stablecoins

As of October, Tether, the largest stablecoin in the world, is the fifth largest cryptocurrency in the world. As of October 18, Tether has a market capitalization of over US$69 billion. However, to make sense of this development, let’s break down what a stablecoin is, and then look at the various kinds of stablecoins and what the future holds for them.

TikTok Takes the Crypto Plunge into NFTs

TikTok Takes the Crypto Plunge into NFTs

The NFT craze does not seem to be going away anytime soon. The global hype around immutable digital assets has only gone up as TikTok hops on the bandwagon, allowing fans to “own a moment that broke the internet”.

Top Five Data Breaches By Tech Giants In Recent Years

Top Five Data Breaches By Tech Giants In Recent Years

From Facebook to Adobe, we often hear about data breaches in the news. In today’s digital world, data breaches can affect hundreds of millions of users simultaneously. By definition, a data breach means an incident in which secure or private data is released intentionally or unintentionally into an untrusted environment.

How Can You Launch an Air Taxi Startup

What Is an Air Taxi and How Can You Launch an Air Taxi Startup?

It’s finally happening. Flying cars—a concept we saw in Harry Potter and the Chamber of Secrets and Back to the Future—are becoming a reality. While many people might scoff at the idea of flying cars—“What’s next? Teleportation? Pfft”—investors are all about taking the chance. So much so that they have set aside US$4.3 billion to meet the requirements.

The Rise of Social Audio Apps

The Rise of Social Audio Apps

After over a year of working from home and attending online classes while in lockdown, many are feeling the brunt of the increased screen time. The recent rise in the popularity of audio media, like podcasts and audiobooks, can be attributed to screen exhaustion.