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On-Chain KYC(R) 2.0 Transforms Digital Identity with Privacy-Preserving Blockchain Attestations

Blockpass has announced the launch of its enhanced On-Chain KYC® 2.0 feature, a solution aimed at improving digital identity verification and attestation within blockchain technology while maintaining privacy and security.

DBy Derek VaughnOct 07, 20251 min read

Blockpass has announced the launch of its enhanced On-Chain KYC® 2.0 feature, a solution aimed at improving digital identity verification and attestation within blockchain technology while maintaining privacy and security.

On-Chain KYC® 2.0 allows businesses to create verified, reusable digital identities for users. This can be achieved on the blockchain through on-chain attestations or off the blockchain via zero-knowledge proofs. The solution supports interoperability with existing attestation services on blockchains like Ethereum and Solana, eliminating the need for businesses to develop their own smart contracts.

Facilitates instant onboarding with approximately one million verified identity profiles. Enables businesses to reduce costs associated with onboarding and compliance. Automates remediation processes and enhances protection against fraudulent activities. Offers customizable elements such as identity document verification, AML checks, and geographical residency verification.

Blockpass ensures that businesses do not need to handle or store personal data of end-users. The system relies on the accuracy of the verification results or 'attestations' issued by Blockpass, which are designed to be both privacy-centric and reliable.

On-Chain KYC® 2.0 allows businesses to create verified, reusable digital identities for users.
Derek Vaughn · Thehackingpost

As blockchain and cryptocurrency adoption continues to grow, Blockpass is committed to developing solutions that adhere to stringent privacy measures while navigating the evolving regulatory landscape. The On-Chain KYC® 2.0 is part of Blockpass' efforts to provide effective compliance tools tailored for the Web3 environment.

Blockpass provides a suite of KYC, KYB, and AML compliance tools aimed at reducing onboarding costs and protecting against fraud. The company supports instant onboarding and growth acceleration for businesses by offering verified digital identities and specialized solutions like Launchpad KYC and SAFT KYC.

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For more information, visit the Blockpass website or book a call with the Blockpass team.

Based on reporting by TechBullion.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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