Press Releases
 
Blockpass, Infinito Form Partnership for Regulated Tokens, Launch PASS Token

HONG KONG, 9 April 2018 -- (ACN Newswire) -- Self-sovereign identity application Blockpass and universal cryptocurrency wallet Infinito Wallet announced today their strategic partnership. The two companies' mutual agreement includes plans to release Blockpass' PASS token via the Infinito Wallet platform and defines a shared vision of a decentralized regtech ecosystem.

PASS, which is to be distributed through token sale channel partners starting at the end of May 2018, will be the first 'regtech' token issued on the Infinito Wallet. PASS tokens will function as discount vouchers for Blockpass services, being burned upon redemption.

Blockpass is a user-centric, self-sovereign identity application for regulated industries. Designed with full data security in mind, Blockpass ensures KYC and AML compliance for regulated service providers while eliminating third-party data storage. Blockpass has been developed as a step towards the Internet of Everything, and future releases of the application will include integrations of KYD and KYO protocols.

Infinito Wallet is a world first cryptocurrency wallet for NEO NEP-5, ETH ERC-20 and top coins. It offers not only an extending list of leading transactional cryptocurrencies such as Bitcoin, Bitcoin Cash, Lite Coin, and Dash but also it enables access to all tokens built on leading smart contract blockchains as ETH ERC20, NEO NEP-5, and more on Infinito Wallet roadmap.

Regulated tokens for a smarter economy
As strategic partners, the two teams are working together to introduce a new regtech infrastructure that will facilitate the launch of compliant tokens, including security tokens, real world blockchain assets, and other 'attributed' token designs. In the rapidly developing smart economy, these new asset types will form the basis of a decentralized ecosystem of devices, Dapps, and things.

In the words of Blockpass CMO Hans Lombardo, "this is the first step to the roll-out of our vision of seamless onchain compliance, where public blockchains can intersect with the real world and the mainstream of regulated industries. Together with Infinito, we intend to build a next generation infrastructure for this hybrid of onchain compliance and total user control."

Junya Yamamoto, President of Infinito Wallet, concurs. "I believe it will be an excellent partnership for those who love Blockchain and Cryptocurrency around the world," citing "powerful synergy" between the companies, and expressing optimism about how the partnership will benefit blockchain entrepreneurs and businesses.

Blockpass and Infinito will next be exhibiting together at Blockchain Expo Global in London on April 18th and 19th.

Blockpass IDN, a next generation regtech solution, is a user-centric and self-sovereign identity application. Infinito Wallet is world first universal wallet for top coins and all tokens on Ethereum and NEO available on iOS and Android. For more information about these companies, visit https://www.blockpass.org/ and https://www.infinitowallet.io/ .

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.

For more information and updates, please visit and sign up to the following:
Promotional video: https://youtu.be/SvO2cw3e-SI
Website: http://www.blockpass.org
Medium: https://medium.com/@blockpass
Twitter: https://twitter.com/BlockpassOrg
Facebook: https://www.facebook.com/blockpassorg/
Telegram: https://t.me/blockpass

Media Contact:
Caitlin Betts
Email:
Telephone: +852 9733 4935

# # #


Submitted by ACN Newswire, ACN Newswire on Monday, 9 April 2018 at 6:17 PM
Category: Enterprise Technology
 
Related News

Tritel: De Totaaloplossing voor VoIP en Internetdiensten
Friday, 20 Apr 2018

Suprema Extends Access Control with XPass D2 series RFID Readers
Thursday, 19 Apr 2018

Suprema ID to showcase world's first Machine Learning based Anti-spoof Fingerprinting Technology
Thursday, 19 Apr 2018

ULVAC Announces the LS High-speed Series of Dry Vacuum Pump
Thursday, 19 Apr 2018

Choose The Best Speaker For Echo Dot With This 2018 Updated Buying Guide
Thursday, 19 Apr 2018

Related Events

Palo Alto Networks: SE2SE Training
Tuesday, 24 Apr 2018

Palo Alto Networks: SE2SE Training
Wednesday, 25 Apr 2018

Palo Alto Networks: Ransomware's Next Steps
Thursday, 26 Apr 2018

5G Virtual Conference
Wednesday, 2 May 2018

Blockchain in Healthcare Congress
Thursday, 3 May 2018

Latest News

A variety of Forms of Computer Repair Services
Saturday, 21 Apr 2018

Credit union North Carolina – from humble beginnings
Saturday, 21 Apr 2018

Banks in Greensboro NC for your business
Saturday, 21 Apr 2018

Modest Clothing: Year Round Solutions for Dressing Modest
Saturday, 21 Apr 2018

Modest Clothing: Year Round Solutions for Dressing Modest
Saturday, 21 Apr 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Saturday, 21 April 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Camp Press Iceland
  • DHM 2018 (Drug Hypersensitivity Meeting), Amsterdam, The Netherlands
  • Atlanta Trauma Symposium, Atlanta 2018
  • Survival Skills for Today's Gynecologist
  • 3rd Annual Diabetes, Obesity and Metabolic Disease Conference

  • Latest Jobs
    Sorry, there are currently no entries posted here.