20 May 2021

KYC-Chain to Partner with Alkemi

We are thrilled to announce that KYC-Chain will be partnering with Alkemi Network.

Alkemi Network is bridging the worlds of Centralized and Decentralized Finance. Launching with a core team of globally-distributed, specialized developers and with the participation of institution-grade liquidity providers Alkemi is building an on-chain liquidity network with a suite of tools and products that serve as onramps for everyone to participate in DeFi.

Through the partnership, KYC-Chain can equip Alkemi Network with the following features and KYC solutions with the help of KYC-Chain’s state-of-the-art proprietary software.

  • 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.
  • Enabling 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.

Announcing the partnership, Edmund Lowell, founder of KYC-Chain said, “We’re glad to enable our KYC solution to Alkemi Network which would help Alkemi Network in their quest to bridge CeFi and DeFi”.

Engin Erdogan, Ecosystem Growth at Alkemi Network, resonated the same opinion, while saying, “Partnering with KYC-Chain not only addresses the immediate compliance requirements of institutional capital, but also puts Alkemi Network on a fast track to the future of “Decentralized” compliance”.

About KYC-Chain

KYC-Chain provides state-of-the-art compliance solutions for businesses of all sizes, with a special focus on identity and customer onboarding. To learn more, please book a demo.

About Alkemi

Alkemi Network is bridging CeFi to DeFi, building a decentralized liquidity network with a suite of tools and products that serve as onramps for everyone to participate in DeFi. Alkemi provides the technology for digital asset allocators, exchanges, custodians and individuals to access decentralized financial structured products. Interested readers can learn more here.

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