Blockpass

Blockpass is a self-sovereign Identity Portal for regulated industries and the Internet of Everything. Through the use of Ethereum and smart contracts, Blockpass is a Regtech platform offering shared regulatory and compliance services for humans, businesses, objects and devices.

In its initial phase, Blockpass serves as an identity solution for the blockchain and cryptocurrency ecosystem. Fearing money laundering, terrorist financing and ponzi schemes, governments are globally implementing greater regulation of ICOs and the blockchain sector in general, requiring strict know-your-customer (KYC) and anti-money-laundering (AML) compliance. Such identity verifications take several days or weeks to complete, slowing down user onboarding and leading to higher operating budgets.

Blockpass is a reusable digital identity solution for any organizations that participate in the regulated and increasingly remote business environment where trust needs to be verified digitally. Through a dashboard with pay-as-you-go and no setup fee, Blockpass aims to offer an alternative process to cumbersome identity document authentication, Know Your Customer (KYC) and Anti-Money Laundering (AML) screening. With Blockpass, end-users can create a verified portable identity that they can control and reuse to onboard with any service instantly.