Blockpass provides a regulatory technology platform that offers Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML) verification services specifically for the crypto sector. By creating a network of over 1.1 million verified individuals and 3,000 validated businesses, Blockpass enhances trust and compliance in digital transactions, facilitating secure interactions within the evolving crypto economy.
Funding
$125K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The cryptocurrency industry faces challenges in complying with Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML) regulations, hindering trust and security in digital transactions. Many crypto platforms lack efficient and cost-effective solutions for verifying users and businesses, leading to compliance gaps and increased risks of illicit activities.
Solution
Blockpass provides a suite of crypto-native compliance tools designed for KYC, KYB, and AML verification. The platform offers a reusable identity system, creating a network of verified crypto participants. Blockpass enables businesses to quickly verify suppliers, partners, and investments, fostering trust and credibility. The company's solutions cater to various crypto applications, including DeFi, launchpads, nodes, exchanges, and blockchains, ensuring regulatory compliance and secure interactions within the crypto economy.
Target Audience
Blockpass targets crypto businesses, including DeFi platforms, launchpads, node operators, exchanges, and blockchains, as well as individual crypto users requiring KYC/AML verification.
Features
- KYC/AML digital identification solution for remote and regulated businesses
- KYB Registry for Web3 businesses to establish trust and credibility
- Full-stack solutions for regulatory-compliant SAFT-based token offerings and private token sales
- Crypto compliance tools for DeFi, exchanges, blockchains, and VASPs
- PASS Verify, a blockchain-based bot-guard to prevent bots and fake accounts
- Crypto transaction monitoring and Travel Rule provision for regulated crypto platforms