World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

Modefi Integrates Blockpass Ahead Of Token Offering For Oracle Solution

HONG KONG, Feb 8, 2021 - (ACN Newswire) - Blockpass, the pioneer of On-chain KYC(TM), is excited to announce its latest partner, Modefi, in what is another step towards providing security and trust for Oracle solutions and blockchain technology. In this new partnership, Blockpass will be providing its revolutionary KYC services to the company as Modefi seeks to create truly decentralized, secure and precise oracle solutions. This integration comes just as Modefi prepares for its token offering on the 10th of February 2021, which will take place on the TrustSwap Launchpad.

As a Decentralized Aggregated Oracle, Modefi facilitates fully trustless and decentralized off-chain data, on chain, in its mission to secure the DeFi space against bad actors. It provides on-demand oracle data through a P2P incentivized network so that users are able to obtain atypical off-chain data for on-chain solutions. As it builds the foundation for real world adoption of oracles and DeFi, Modefi provides an oracle marketplace - a secure, trustless market for oracle data, clients and providers. Modefi's solution utilises smart contracts and multiple data sources to remove outliers, malicious actors and corrupt data autonomously as it brings oracle data to multiple blockchains.

Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, 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.

"We're looking forward to working with Modefi to further our shared interests in trusted security and on-chain solutions," said Blockpass CEO Adam Vaziri, "Decentralised oracles represent the next step in integrating blockchain technology with real-world solutions and promise to enable a future where blockchain-based apps have a reliable, accessible source of trusted data. This removes one of the final hurdles to the mass-adoption of blockchain technology."

"It's a pleasure to be partnering with the pioneer of the on-chain KYC ecosystem. We are excited to be able to give our clientele a fast, secure way to submit their personal data. The Modefi team is looking forward to integrating with the Blockpass system for a long term partnership."

Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations 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. The existential need for DeFi projects to be regulatory compliant and the recent integrations have led to a surge in interest for Blockpass' On-chain KYC(TM) solution which promises to change the way blockchains enable compliance.

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, the pioneer of On-chain KYC(TM), is a fast, fully comprehensive KYC & AML screening software-as-a-service for blockchains, 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. By integrating with Chainlink Network - a decentralized oracle solution - in early January, Blockpass introduced the first On-chain KYC(TM) solution that will service many blockchains in the years to come.

For more information and updates, please visit and sign up to the following:

Promotional video: https://youtu.be/SvO2cw3e-SI

Website: http://www.blockpass.org

Email: sales@blockpass.org

© Scoop Media

 
 
 
World Headlines

 

Syria: Economic Decline, Rising Hunger And Surging Humanitarian Needs

Syria’s fragile economy has “suffered multiple shocks” over the past 18 months, with its currency plummeting and joblessness swelling as people struggle to cover their basic needs, the UN Emergency Relief Coordinator told the Security Council ... More>>

OECD: Final Quarter Of 2020 Shows Continued Recovery In G20 International Merchandise Trade

G20 international merchandise trade continued to rebound in the fourth quarter of 2020 ( exports up 7.2% and imports up 6.8%), following the sharp falls seen in the first half of 2020, as lockdown measures affected trade globally. Although growth ... More>>

UN Report: Civilian Casualties Surged After Peace Talks Began In Afghanistan

Monitoring by the UN Assistance Mission in Afghanistan, UNAMA, and the UN Human Rights Office has revealed that despite a drop in civilians killed and injured overall in 2020 there was a rise in civilian casualties following the start of peace negotiations ... More>>

Focus On: UN SDGs


2021: Critical Year To ‘reset Our Relationship With Nature’ – UN Chief

During this time of “crisis and fragility”, the UN chief told the United Nations Environment Assembly on Monday that human well-being and prosperity can be vastly improved by prioritizing nature-based solutions. Painting a picture of the turmoil ... More>>


Paris Agreement: UN Secretary-General António Guterres To Mark U.S. Reentry With Envoy For Climate John Kerry

Watch live at webtv.un.org UN Secretary-General António Guterres will join U.S. Special Presidential Envoy for Climate John F. Kerry at an event marking the United States’ reentry into the Paris Agreement this Friday. The discussion with the Secretary-General ... More>>

WeBeliev: Scoop In Conversation With Abhishek Sinha, Founder Of WeBeliev, An NZ Crowdfunding Platform

WeBeliev supports 17 SDGs, launching sector specific campaigns every month Q. What is WeBeliev and why did you start it? A. WeBeliev is a Singapore-registered crowdfunding platform aimed at fundraising for all the 17 Sustainable Development Goals (SDGs) ... More>>