2021-04-29 13:00:22
Special Announcement: AllianceBlock X GBGIn our efforts to attract institutions and established firms from the traditional finance world to DeFi, we are excited to announce a partnership with GBG, the leading provider of Identity verification solutions globally.
Read full article: https://blog.allianceblock.io/allianceblock-partners-with-gbg-closing-blockchains-kyc-gaps-bringing-defi-and-institutional-4e886b294aad
This partnership will eventually close the KYC/AML gaps in the DeFi industry, bringing DeFi and institutional finance even closer together.
The partnership will see GBG’s identity verification solutions integrated with AllianceBlock’s decentralized protocol. Following this, GBG will generate signed, anonymous, and reusable verification reports which AllianceBlock will store on chain. AllianceBlock will offer these reports to its clients and network participants through its Trustless KYC/AML and Identity Verification product.
AllianceBlock CTO Matthijs de Vries said: "The AllianceBlock Trustless KYC/AML and Identity Verification product aims to allow users to prove their identity in a trustless manner while letting them retain control of their data. It is envisioned that the product, which will now leverage GBG’s world class identity data intelligence software, will be used by both traditional legacy institutions and DeFi firms as a more efficient alternative to current KYC processes, offering an improved solution both business leaders and investors can trust.”
About GBGWith a rich heritage of more than 30 years, headquartered in the UK, and with over 1,000 team members across 16 countries, GBG works with 20,000 customers in over 70 countries. Some of the world's best-known businesses rely on GBG to provide digital services and keep the economy moving, from US e-commerce giants to Asia's biggest banks and European household brands https://www.gbgplc.com/about-us/
1.9K views10:00