TEANECK, N.J., July 7, 2022 /PRNewswire/ -- Veratad Technologies, LLC, a global leader in identity verification solutions that ensure regulatory compliance, announced today their partnership with U.K.-based Blockchain-ID Ltd to develop BlockchainIDme, an identity validation tool that integrates KYC and AML compliance solutions to be deployed on the Algorand blockchain.
While most blockchain users favor the use of non-custodial wallets for their day-to-day use, regulatory bodies all over the world are developing new laws and regulations that will require changes to the way those non-custodial wallets can be used. Furthermore, one of the fundamental objectives of blockchain technology is ensuring users' ownership of their own data, including absolute control over how and which third-parties can use that data.
The BlockchainIDme proposed solution, which is being developed with the support of Veratad's complete suite of identity verification methods, allows both custodial and...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...