KYC-Chain Partners with HKVAX

KYC-Chain to provide onboarding software for Hong Kong Virtual Assets Exchange(HKVAX), one of the prominent virtual assets services platforms for professional investors.

KYC-Chain HKVAX

HKVAX, short for Hong Kong Virtual Assets Exchange Private Limited, is a virtual assets exchange that provides professional virtual assets trading and customized services for institutions looking to invest in the virtual assets and financial technology sectors. 

HKVAX aims to bring financial institutions, professional investors, and alliance partners together to accelerate the path towards the virtual asset market.

Through the partnership, KYC-Chain aspires to help HKVAX in onboarding clients. With the help of the proprietary software, KYC-Chain hopes to ensure a great onboarding experience for both HKVAX and its clients.

Some of the unique and state-of-the-art features that KYC-Chain may help HKVAX with are:

  • Live API integrations to government databases with real-time data update every 24 hours, including validation of company data for 139 different countries covering over 160 Million companies and data checks from over 10,000 data source points.
  • Algorithmic and anti-tampering validity checks provide a 40 point likeliness score to spot fake pictures and documents.
  • Flexibility to create custom templates and define questions and documents as needed for a specific process.
  • Digitally Approve or Reject application when all relevant processes are complete.

KYC-Chain offers an array of business solutions focusing on the identity and customer onboarding space.

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About KYC-Chain

KYC-Chain provides state of the art compliance solutions for businesses of all sizes. Since 2014, KYC-Chain has helped service providers cost-effectively process millions of KYC applications. To learn more, please book a demo.

About HKVAX

HKVAX is a Hong Kong-based virtual asset exchange which provides professional virtual assets trading and customized services for institutions looking to invest in the virtual assets and financial technology sectors. HKVAX is currently in the process of applying to the Type 1 & 7 license with the Hong Kong SFC. Their vision is set on connecting financial institutions into the virtual asset market by building institutional-grade infrastructures and ecosystems that suit the traditional financial world. HKVAX deals extensively with fiat-virtual asset trading that requires compliance and regulatory abidance, calling for more comprehensive financial licensing and traditional banking support.