Blockpass, Ethfinex Promoting Decentralised Asset Management with RigoBlock
HONG KONG, Dec 17, 2018 - (ACN Newswire) - In its continuing work with Ethfinex, Blockpass is pleased to announce that
it is now helping to facilitate decentralised asset management as RigoBlock launches its ICO on Ethfinex's token sale
platform. Created to streamline the ICO process for all parties, Ethfinex's platform utilises Blockpass' user-centric,
verified identity profiles to enable compliance with global regulations. Thanks to the Blockpass-Ethfinex partnership,
RigoBlock can safely and simply offer its Rigo Token ('GRG') to purchasers. The RigoBlock ICO launches on the 18th of
December with a soft cap of US$2,000,000 and a hard cap of US$10,000,000 to realise this goal.
Swiss-based RigoBlock has been designed to revolutionise the asset management industry, enabling anyone from any
location to set up and manage a decentralised token pool in a manner that promotes transparency, control, flexibility
and governance. Developers are able to build their own distributed asset management platforms on the RigoBlock protocol
and utilise its capabilities. By creating a 'Proof of Performance' incentive algorithm, RigoBlock has removed the need
for management fees, facilitating a new generation of asset management.
Ethfinex seeks to provide quick and direct access to high-quality ERC20 crowdsales, whilst providing an information and
discussion platform for users in order to allow them to optimise their trading experience. As a spin-off of Bitfinex,
Ethfinex makes use of Bitfinex's trading engine and customer experience expertise to deliver the most highly liquid and
advanced trading platform available for ERC20 tokens and crowdsales.
Blockpass is a digital identity application and service that brings control of data back to the user. Blockpass provides
a streamlined and cost-effective user onboarding process for regulated industries and any kind of online service. From
the Blockpass application, users can create, store and manage their data-secure digital identity, which can be used to
access an entire ecosystem of services or for token purchase.
The digitisation of assets is expected to become mainstream in the near future and RigoBlock, Blockpass and Ethfinex are
working at the forefront of technology to provide this in a regulated manner. This is the second ICO to be held on
Ethfinex's token sale platform following its integration of Blockpass, with many more to come in the future. The first
implementation was with privacy protocol Dusk at the end of November.
Blockpass CEO, Adam Vaziri, commented: "We are excited to assist RigoBlock in improving asset management through our
partnership with Ethfinex. Decentralised asset management is increasingly important as we begin to move to a tokenised
economy. Transparency, flexibility and control are the hallmarks of blockchain technology and we are proud to support
projects like RigoBlock which bring these types of user-centric solutions to the masses."
Members of the Blockpass team are working on many more partnerships and integrations which will be announced, including
further developments through the Blockpass-Ethfinex partnership. Check out updates from Blockpass, Ethfinex and
RigoBlock to find out more details on this development and more in the coming weeks.
About Blockpass IDN
The goal of Blockpass IDN (http://www.blockpass.org/) is global realization of identity for the Internet of Everything.
Through the use of blockchain technology and smart contracts, Blockpass is a production ready Regtech platform offering
shared regulatory and compliance services for humans, businesses, objects and devices. As this identity system supports
verification of humans (KYC), objects (KYO) and connected devices (KYD), it will enable the development of new
applications that rely on a trusted connection between human, corporate, and device identities. Registered in Hong Kong,
Blockpass IDN is a joint venture of Infinity Blockchain Labs and Chain of Things. Blockpass IDN licenses its technology
from the non-profit Blockpass Foundation, registered in the Isle of Man.