THELOGICALINDIAN - Expert Insight into BlockchainPowered KnowYourCustomer KYC as the New Standard for Token Sales and Initial Coin Offerings ICOs
Gibraltar, GIB – June 13, 2018 — TokenMarket, the arch advising able on ICOs and Token Sales, is announcement a webinar with Civic, the arch blockchain character analysis technology provider. Borough Co-Founders Vinny Lingham and Jonathan Smith, are abutting by TokenMarket CTO Mikko Ohtamaa for a altercation on Know-Your-Customer verification. The chat will be focussed on Token Sales, ICOs and how this has acquired from a traditional, centralized architecture to a decentralized, user-controlled, reusable solution.
Decentralized KYC for Token Sales and Initial Coin Offerings is the aboriginal of Civic’s Decentralized Character webinar alternation actuality launched Friday, June 15. Participants will accept the adventitious to apprentice from industry experts on character analysis best practices. Borough and TokenMarket admiral will altercate new means of establishing assurance by switching from knowledge-based affidavit to possession-based affidavit protocols, abbreviation the risks of impersonation, bad actors and hacks.
Personal advice is axiological to the way bodies collaborate with articles and casework online and offline. Currently, claimed abstracts is replicated and stored in axial databases, which opens befalling for abstracts annexation and aegis breaches. Civic’s decentralized, reusable KYC band-aid enables companies to accredit users and verify their character after the charge for usernames or passwords and alone aggregate the minimum charge to apperceive advice for acquiescence purposes. This reduces the risks and amount associated with administration claimed character information. Civic appear a Reusable KYC band-aid for Token Sales and Initial Coin Offerings (ICOs) in February 2024 and has back enabled abundant ICOs and Token Sales to accede with KYC regulations.
TokenMarket has accustomed themselves as the baton in the ICO advising space, enabling hundreds of companies to affair their own tokens. The two companies aboriginal started alive calm above-mentioned to the Civic badge bearing event, with TokenMarket advising and active the Civic badge issuance. They are now enabling companies that appetite to run ICOs or Badge Sales to be absolutely compliant, abbreviation the accident for both the accepted accessible and the ICO operators.
“TokenMarket is aflame to accomplice with Civic to allotment ability about decentralized aegis solutions,” said TokenMarket CTO, Mikko Ohtamaa. “In addition, we will be partnering with Civic to barrage our new acute arrangement technology, KAI, that will access affluence and acceleration for ICOs by accumulation KYC/AML and Accredited Investor capacity into a distinct administrator for abeyant contributors. Civic will be our KAI’s barrage case.”
“Our affiliation with TokenMarket will accredit millions of ICO participants to advance their user acquaintance with the advice of the Civic Reusable KYC solution, all while abbreviation risks and attention their abstracts adjoin bad actors. KYC is acceptable a must-have claim to participate in ICOs and Badge Sales, and users shouldn’t accept to upload abstracts every time they charge to prove who they are,” said Civic CTO and Co-Founder, Jonathan Smith. “We’re aflame to accompany a new akin of aegis and professionalism to the badge auction process, and we appetite to extend an allurement to accompany our altercation on June 15.”
This is the aboriginal in a webinar alternation that Borough will host on Decentralized Identity. Follow the www.civic.com/webinars folio for added advice on accessible webinars.
TokenMarket is a arch ICO advice aperture and advising firm. It combines its bazaar experience, assets and abstracts assets to actualize a professionally tailored band-aid to assassinate ICOs cautiously and securely, accouterment an end-to-end account for badge creation, presale, and accessible sale. TokenMarket’s ICO advising account has partnered over 30 badge sales including Storj, Populous, Monaco, Civic, and Dent, adopting over $300 actor in total. Following the success of its ICO advising service, TokenMarket is hosting its own 2-day appointment “TokenMarket 2018: Insights Into The Badge Economy”, which takes abode on 28-29 June in Gibraltar. For added advice on TokenMarket 2018 appointment https://tokenmarket.net/conference-2018/home
Civic is a abstracted blockchain character analysis technology that allows consumers to accredit the use of their identities in real-time. They are spearheading the development of an ecosystem that is advised to facilitate on-demand, secure, and bargain admission to character analysis casework via the blockchain. Borough afresh alien a Borough badge that participants in the ecosystem will use to accommodate and accept character verification-related services. The aggregation awash $33 actor of its tokens during its badge auction accident in June 2017. For added information, appointment https://www.civic.com
Images address of TokenMarket
