HONG KONG, July 11, 2019 - (ACN Newswire) - Tokinex has announced that Blockpass will again be the provider of digital
KYC services for an upcoming IEO - the Ultra IEO, which begins on 16 July on the Tokinex Platform.
Blockpass has long been partnered with Ethfinex, the parent company of the Tokinex platform, and has provided KYC and
AML verification for previous successful IEOs hosted by the company, including Dusk and Ampleforth. Using the Blockpass
App, customers can easily create a pre-verified digital identity which can then be used to sign up to the Tokinex
platform with one-click submission on registration.
Ultra is a protocol and platform positioned to disrupt the $140bn USD gaming industry using blockchain technology to
allow anyone to build and operate their own game distribution platform or virtual goods trading service. In doing so, it
challenges the current monopoly held by industry heavyweights Steam, Google, and Apple. This will unlock new
opportunities and create value for all the actors involved. Large commercial partnerships are signed, the protocol and
platform have been built and will be launched in open beta in October 2019.
Initial Exchange Offering platform Tokinex allows users to discover, as well as participate in, curated, pre-vetted
token sales from new and exciting projects in the crypto space, using their Bitfinex and Ethfinex accounts. The new
platform has been built with the user experience in mind and has undergone significant testing, ensuring that the
contribution process is easy and reliable. With a carefully designed user experience, Tokinex makes participating in
token sales an easy and exciting process.
"Our partnership with Ethfinex has been extremely successful so far, and it's been great to see the Blockpass App coming
to life which such versatile utility." Said Blockpass CEO, Adam Vaziri. "Customers who have created a Blockpass identity
and passed eKYC checks for previous IEOs within the Tokinex platform can simply scan the QR code for the Ultra IEO and
click submit. This integration is really working to simplify the process for Ultra, Tokinex and the consumer alike, and
it's fantastic to see it all interact so seamlessly."
"After the successful Ampleforth sale two weeks ago, we are delighted to welcome Ultra to Tokinex. Blockpass gives our
users a quick and easy way of managing their personal KYC data, whilst at the same time allowing us to manage the
approval process for different token sales and token issuers in a secure and compliant manner." - JL van der Velde,
Bitfinex & Ethfinex CEO
Blockpass continues to work on expanding its uses and features, with multiple partnerships announced this year,
including Waves, Tokenomica, the BBFTA and Ethfinex. There have been a number of updates to the app, with the most
significant seeing the release of Face Match Certification.
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.