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Veiris builds blockchain-based KYC platform for remote verification

Monday 16 April 2018 00:51 CET | News

Singapore-based Veiris has built a blockchain-based KYC platform that enables remote identity verification for businesses.

The platform works by connecting fintech companies, banks, utility businesses, and other through its proprietary blockchain-based platform Veiris Enterprise Ecosystem (VeE). The platform performs automated document verification via text, facial, and colour algorithm, enabling businesses to connect and share attestation images of IDs and facial analysis without actually needing to share real documents with each other.

The startup is currently gearing up preparation for the ICO by promoting through their own internal network and ICO listing companies.

For 2018, with a focus on the Indonesian market, Veiris plans to secure more partnership with local industry players. In Indonesia, the startup has already partnered with a local bitcoin exchange and payment gateway company.


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Keywords: Veiris, blockchain, KYC, identity verification, Singapore, fintech, document verification, Indonesia
Categories: Fraud & Financial Crime
Companies:
Countries: World
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Fraud & Financial Crime






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