HONG KONG, June 12, 2018 - (ACN Newswire) - In the lead-up to PASS token’s listings on Lykke, HitBTC and Gatecoin exchanges, Blockpass (http://www.blockpass.org) is conducting an airdrop of 2 million PASS tokens, starting 12 July.
The airdrop is being implemented through Blockpass’ joint venture partner Infinito Wallet – a universal cryptocurrency wallet. Infinito will have an airdrop link on the wallet dashboard on 12 July. The wallet is available in both Android and iOS app stores.
Infinito Wallet natively supports the PASS token as well as a long list of leading cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, EOS, Litecoin, GAS, Dash, ETC, and Dogecoin. It also supports tokens of ETH ERC20 and NEO NEP-5 standards, with more planned on Infinito’s roadmap.
Blockpass is a KYC identity application for bringing the blockchain industry into compliance and mainstream. As a self-sovereign identity platform, Blockpass users can establish, verify, store and manage their identities, maintaining full control over all data involved. With an initial focus on human identity, Blockpass will provide a reliable and cost-effective Know-Your-Customer (“KYC”) and Anti-Money-Laundering (“AML”) service for regulated industries, blockchain merchants and service providers.
Available on iOS and Android, the Blockpass app is consumer-oriented and will enable users to create a new account (profile), submit documents for verification, submit their digital identity to service providers to pass KYC, log in to Blockpass-enabled services, sign crypto-asset transactions, and access third-party decentralized applications (“Dapps”).
Blockpass CEO Adam Vaziri noted that the PASS airdrop was unique opportunity for users to get rewarded for doing the KYC process. Vaziri said, ”Get paid to do your KYC. [This is a] once in a lifetime opportunity to be compensated as a user to get verified. Blockpass airdrop is to help you get verified and make your life easier every time you sign up with a service provider. One click and you are there!”
Verified users of Blockpass do not need to do KYC again to use any financial services and ICOs that may be on the Blockpass platform. Merchants and financial services that use Blockpass to verify their users KYC data at a significant discount. Blockpass does not keep any data of users of its platform
Blockpass began its token distribution event on 31 May 2018, and has just released the third version of its platform in Google Android and Apple iOS appstores.
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.
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July 12, 2018 05:00 HKT/SGT
Topic: Press release summary
Sectors: Cards/Payments, Security/Biometrics, FinTech/Chains, ICO's
From the Asia Corporate News Network
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