Uplift DAO, one of the leading IDO launchpads in the DeFi sector, today announced a strategic partnership with Hong Kong-based digital identity profile services provider Blockpass.
Through this collaboration, Blockpass will offer a one-click compliance gateway, as well as its On-Chain KYC (TM) services for Uplift ecosystem projects, optimizing their KYC requirements. The partnership means that Uplift users will be able to securely manage their own identity verification documentation, while being confident that their personal data is encrypted and secure.
Once a Blockpass On-chain KYC created, users can use the same verified profile for an entire ecosystem of services, allowing them to create, store and manage their data-secure digital identity without revealing any personal information at all. That removes the need to verify multiple times and reduces the risk from continually sending personal identification documents to multiple entities.
Blockpass also offers a shared regulatory compliance system that supports verification of humans (KYC), objects (KYO) and connected devices (KYD), which facilitates the development of new applications that rely on a trusted connection between multiple entities.
On top of its KYC functionality, which ensures legitimacy and legal compliance, Blockpass will help Uplift’s projects in conducting AMAs, giveaways and rewarding both LIFT tokens and facilitating IDO access to Blockpass users. Its KYC & AML screening software-as-a-service specifically caters to blockchains, crypto, Defi and other relevant sectors. Other benefits include a pay-as-you-go option, no setup cost, no integration necessary, free testing, and immediate launch.
“At Uplift, the protection of our community is of the utmost importance, which is why we are pleased to be partnering with Blockpass to offer our users their best-in-class KYC services,” said Growth Lead, Irina Berezina.
“IDOs have already started proving their importance and we’ve seen just how crucial companies like Uplift are for supporting and accelerating good projects into the blockchain ecosystem. We’re particularly glad to see Uplift’s commitment to safety and security of its users, not just with Blockpass’ solutions but with its own investor insurance methods and fairness checks in place,” added Blockpass CEO Adam Vaziri.
Blockpass’ KYC ConnectTM platform provides a user-centric, self-sovereign identity application for regulated industries. The solution 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.
In turn, Blockpass users will also benefit by gaining access to Uplift’s IDOs, the launchpad platform that boasts a large global community of real members within the crowdfunding industry.
Seeking long-term investment opportunities, the alliance with Blockpass helps grow the community with an already-verified base of crypto investors. On the entrepreneur’s side, Uplift IDO model allows for low listing costs, a wide range of asset management options, and accessible token allocation throughout incubation, launch and acceleration stages.
