HONG KONG, Nov 10, 2021 - (ACN Newswire) - Blockpass is excited to reveal its most recent integration with IDO platform
PlayPad. This effort will see Blockpass providing its enhanced solution for KYC, with a dedicated KYC remediation team,
multiple reviews per identity, manual checks on selected profiles and spot reviews.
PlayPad is a fully decentralized launchpad protocol in the metaverse which specifically targets Games and NFT centered
projects with a 'Tiers' system that aims to create a fairer IDO process. Supporting VR, Gaming & Play2Earn projects in the metaverse, PlayPad offers multi-chain support, working with the Binance Smart Chain and
Avalanche ecosystem, in addition to the Ethereum, Polygon, and Phantom networks.
Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial
services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital
identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For
businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free
and start verifying and on-boarding users. Currently with more than 200,000 verified user identity profiles, Blockpass
facilitates instant onboarding, and to date thousands of businesses have taken advantage of this opportunity to get
access to users with reusable digital identity profiles.
"PlayPad has shown how seriously they take regulation and compliance by electing to use Blockpass and the turnkey
managed service opportunity." said Adam Vaziri, Blockpass CEO. "It's reassuring to know that the next generation of VR,
Gaming and Play2Earn - which represents a significant source of income or entertainment for many - is being developed by
those who hold safety, security and identity in high regard."
"It has been very important for us to find the right solution partner since the beginning of our project. Blockpass has
taken the security of both us and our members to a high level with the KYC solution it offers in every aspect. All our
members who have completed KYC can easily participate in all IGOs on PlayPad. We appreciate Blockpass Team effort." said
Blockpass has grown significantly in size and use since its inception, both in the number and range of users and
organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity
protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be
regulatory compliant and the recent integrations have led to a surge in interest for Blockpass' On-chain KYC(TM)
solution which promises to change the way blockchains enable compliance. Through its recent work with Animoca Brands,
Blockpass is developing the ability to provide KYC where the delivery of the verification result is provably sent and
shown on a blockchain without sharing the underlying data. This represents a significant step towards the future
Blockpass hopes to bring about where identity verification can be proved without revealing any personal information at
Blockpass, the pioneer of On-chain KYC(TM), is a fast, fully comprehensive KYC & AML screening software-as-a-service for blockchains, Crypto, Defi and other regulated industries. With Blockpass, you
get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration
necessary, free testing, immediate launch and at the lowest cost. Blockpass' KYC Connect(TM) platform enables businesses
to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML
ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through
Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any
service instantly. By integrating with Chainlink Network - a decentralized oracle solution - in early January, Blockpass
introduced the first On-chain KYCTM solution that will service many blockchains in the years to come. The Blockpass App
is available from the App Store and Google Play.
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PlayPad is a multi-chain launchpad for specific projects, regardless of the blockchain used on the metaverse. While
current platforms focus on specific chains, PlayPad can host all projects through Ethereum EVM support, regardless of
their chain. The blockchain chosen by each project must be reliable, but since this is not always the case, PlayPad will
conduct a due diligence process for each of the selected projects. It will engage potential participants in full
transparency. To gain access to PlayPad launchpad, participants will need to stake a predetermined amount of PlayPad
tokens (PPAD). This said, PlayPad will not be limited to a launchpad and will continue to evolve towards the goal of
creating a full ecosystem with KYC standards, DEX, and game development on different platforms and bridges.
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