English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 9 April 2018, 18:00 HKT/SGT
Share:
        

Source: Infinito / Blockpass IDN
Blockpass, Infinito Form Partnership for Regulated Tokens, Launch PASS Token

HONG KONG, Apr 9, 2018 - (ACN Newswire) - Self-sovereign identity application Blockpass and universal cryptocurrency wallet Infinito Wallet announced today their strategic partnership. The two companies' mutual agreement includes plans to release Blockpass' PASS token via the Infinito Wallet platform and defines a shared vision of a decentralized regtech ecosystem.




PASS, which is to be distributed through token sale channel partners starting at the end of May 2018, will be the first 'regtech' token issued on the Infinito Wallet. PASS tokens will function as discount vouchers for Blockpass services, being burned upon redemption.

Blockpass is a user-centric, self-sovereign identity application for regulated industries. Designed with full data security in mind, Blockpass ensures KYC and AML compliance for regulated service providers while eliminating third-party data storage. Blockpass has been developed as a step towards the Internet of Everything, and future releases of the application will include integrations of KYD and KYO protocols.

Infinito Wallet is a world first cryptocurrency wallet for NEO NEP-5, ETH ERC-20 and top coins. It offers not only an extending list of leading transactional cryptocurrencies such as Bitcoin, Bitcoin Cash, Lite Coin, and Dash but also it enables access to all tokens built on leading smart contract blockchains as ETH ERC20, NEO NEP-5, and more on Infinito Wallet roadmap.

Regulated tokens for a smarter economy
As strategic partners, the two teams are working together to introduce a new regtech infrastructure that will facilitate the launch of compliant tokens, including security tokens, real world blockchain assets, and other 'attributed' token designs. In the rapidly developing smart economy, these new asset types will form the basis of a decentralized ecosystem of devices, Dapps, and things.

In the words of Blockpass CMO Hans Lombardo, "this is the first step to the roll-out of our vision of seamless onchain compliance, where public blockchains can intersect with the real world and the mainstream of regulated industries. Together with Infinito, we intend to build a next generation infrastructure for this hybrid of onchain compliance and total user control."

Junya Yamamoto, President of Infinito Wallet, concurs. "I believe it will be an excellent partnership for those who love Blockchain and Cryptocurrency around the world," citing "powerful synergy" between the companies, and expressing optimism about how the partnership will benefit blockchain entrepreneurs and businesses.

Blockpass and Infinito will next be exhibiting together at Blockchain Expo Global in London on April 18th and 19th.

Blockpass IDN, a next generation regtech solution, is a user-centric and self-sovereign identity application. Infinito Wallet is world first universal wallet for top coins and all tokens on Ethereum and NEO available on iOS and Android. For more information about these companies, visit https://www.blockpass.org/ and https://www.infinitowallet.io/ .

About Blockpass IDN
The goal of Blockpass IDN (http://www.blockpass.org/) is global realization of identity for the Internet of Everything. Through the use of blockchain technology and smart contracts, Blockpass is a production ready Regtech platform offering shared regulatory and compliance services for humans, businesses, objects and devices. As this identity system supports verification of humans (KYC), objects (KYO) and connected devices (KYD), it will enable the development of new applications that rely on a trusted connection between human, corporate, and device identities. Registered in Hong Kong, Blockpass IDN is a joint venture of Infinity Blockchain Labs and Chain of Things. Blockpass IDN licenses its technology from the non-profit Blockpass Foundation, registered in the Isle of Man.

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
Medium: https://medium.com/@blockpass
Twitter: https://twitter.com/BlockpassOrg
Facebook: https://www.facebook.com/blockpassorg/
Telegram: https://t.me/blockpass

Media Contact:
Caitlin Betts
Email: [email protected]
Telephone: +852 9733 4935


Topic: New Service
Sectors: Cards & Payments, CyberSecurity, FX & Digital Currencies, FinTech & Blockchain
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2020 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 
Blockpass IDN Links

http://www.blockpass.org

https://medium.com/@blockpass

https://www.facebook.com/blockpassorg/

https://t.me/blockpass

https://twitter.com/BlockpassOrg

https://youtu.be/SvO2cw3e-SI

https://www.linkedin.com/company/blockpass/

Blockpass IDN Releated News
Dec 1, 2020 16:00 HKT/SGT
Home of the Crypto Community, Holdex Implements the VerifEye Badge to Authenticate User's Identity Using Blockpass
Nov 24, 2020 12:00 HKT/SGT
Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening
Nov 16, 2020 18:30 HKT/SGT
Blockpass Provides eKYC Services for Base Protocol as Private Pre-Sale Launches
Sept 15, 2020 11:00 HKT/SGT
BnkToTheFuture makes a strategic investment in Blockpass
Aug 5, 2020 02:00 HKT/SGT
Digital Identity Startup Blockpass Airdrops to be Distributed via Holdex
More news >>
Copyright © 2020 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6653 1210 | Tokyo: +81 3 6859 8575