We enjoyed an active ending to 2020, with some notable developments and partnerships.
Here’s our short monthly update on some of the key events:
We have a number of new partners that we are pleased to announce:
- A UAE precious metals/gold refinery is implementing the KYC-Chain full end-to-end workflow to help digitize the onboarding experience for their traders and clients. It has been mainly a manual process so far in terms of the collection of corporate and individual data, so a new user-friendly and automated experience will significantly speed up the process. Additionally, the UAE government has issued recent changes for locally-based precious metals industry actors to be able to gather and share KYC information on their clients.
- We have begun working with a Europe-based crypto arbitrage platform. This particular use case involves gathering the KYC of family offices, high net worth individuals and trusts. So, a higher, more detailed level of checks are required, as well as the ability to provide a customizable means to collect the data efficiently.