August 12th, 2022 – KYC-Chain partnered with ForgottenChain, a blockchain play-to-earn massively multiplayer online role-playing game.
ForgottenChain is a massively multiplayer online role-playing game (MMORPG) that is set in a player-driven mysterious fantasy universe utilizing the Binance smart chain (BSC) network.
The partnership allowed KYC-Chain to offer KYC solutions ForgottenChain with their regulatory compliant ICO. Using its state-of-the-art proprietary software KYC-Chain enabled ForgottenChain with the regulatory and compliance requirements for their ICO.
The KYC solutions enabled by KYC-Chain offer the following features:
- Streamlined corporate onboarding.
- KYC-Chain offers live API integrations to government databases with real-time data updates every 24 hours.
- This includes validation of company data for 139 different countries covering over 160m companies and data checks from over 10,000 data source points.
- Enables significantly reduced client-onboard times
- Algorithmic and anti-tampering validity checks provide a 40-point likeliness score to spot fake pictures and documents.
- Applicants can quickly and easily complete forms online and upload required enrollment documents.
- Create custom templates and define questions and documents needed for a specific process.
- Digitally approve or reject each application when all relevant processes are complete.
- Global sanctions and watchlists, politically exposed persons, and adverse media databases allow for the screening of users associated with criminal or prohibited activities in real-time.