The new era of KYC with ICO PASS

All it requires to verify identity. This is the tagline of ICO Pass, an upcoming contender in the KYC space. If they manage to deliver, this will be a great game changer. Imagine everything done in under 7 minutes with just 7€. No competitors will come close, not even Civic, and I will tell you why.
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The difference between ICO Pass and its competitors is the innovation behind the technology. ICO Pass aims to provide an automated process of verifying the identity of a person in question. This will greatly increase the efficiency of KYC checks that are done manually. This eliminates competitors like KYC.Legal who solely relies on agents for KYC process.
Similar to Civic or TheKey, there will be validation from government sources; however ICOPass provides something more — something that involves ensuring the person in question is neither a terrorist or a wanted criminal by checking against the sanction lists. This is the transparency we need in the KYC space instead of trusting a blackbox solution.
Last but not least, the price will be a determining factor. Imagine if you’re a company looking for a KYC solution, will you be interested in a 7 EUR check or a >230 EUR check? The choice is simple. The product will be available for the ICO of ICOPass and you can then try it out and see if it is really what it promises to be. The ICO market is only a beginning, and soon the banks and financial industry will be the next game for ICOPass.
ICO Pass team also consists of professionals, who previously developed Latvian State ID architecture and e-Signature solution under the company brand Notakey. For the last two years team has worked together with banks such as UBS and Credit Suisse on building single digital ID, before coming up with a solution for ICOs. The CEO is also readily available for any questions or discussions in the Telegram, which is something commendable. ICO will be starting soon in March, more information here at their website: https://www.icopass.id/
Author by: thomas_sugiarto

https://bitcointalk.org/index.php?action=profile;u=1350842

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