At Blockchain Expo in London, Infinito and Blockpass were excited to announce their impressive collaboration with the launch of Blockpass PASS token to launch on Infinito Wallet, the world’s first universal wallet for top coins and all tokens on Ethereum and NEO. The announcement took place at Blockchain Expo in London on April 18th and 19th where over 6,000 blockchain industry leaders gathered for two days of engaging content. Along with Infinito Wallet’s other new industry-leading features, Infinito Wallet’s recent inclusion of QR code scan, Token verisign and the ICO tab led to the ability to support the new compliant PASS token that will revolutionize regtech and KYD and KYC. PASS Token, along with this new regtech infrastructure, will integrate seamlessly with all ICOs. This new integration shows how Infinito Wallet is not only an industry leading universal wallet but it is also a single gateway to access the utmost benefits of cryptocurrencies.
Infinito Wallet is one of the foundations of Infinito Ecosystem for users to manage crypto wealth, enjoy applications and to make payments securely and seamlessly in few clicks, while businesses can efficiently build and launch successful blockchain innovations. Through our ecosystem, Infinito aims to drive true blockchain mass adoption for both users and businesses by solving the problems of poor experience, interoperability, and general inaccessibility they are facing in decentralized world.
The strategic partners are working together to introduce a new regtech infrastructure that will facilitate the launch of compliant tokens, security tokens, real world blockchain assets, and other ‘attributed’ token designs. 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. In the rapidly developing smart economy, these new asset types will form the basis of a decentralized ecosystem of devices, Dapps, and others.
The new Token Verisign and ICO Tab features created by Infinito Wallet have enabled the use of PASS on the platform and provided essential security against fraudulent redirect addresses. When investing in PASS with Infinito Wallet, the investor can scan a special QR code on the the Blockpass website and the PASS will automatically appear in the investor’s wallet dashboard with a Verisign mark endorsed by Infinito Wallet. Thus the PASS token and its smart contract are officially verified by Blockpass without fear of fraud. Furthermore, our special ICO Tab provides investors with convenient access to their verified PASS account information. Aside from Blockpass, these powerful services can be easily integrated by all of our ICO partners.
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 IDN, a next generation regtech solution, is a user-centric and self-sovereign identity application for regulated industries. 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. For further information, please go to www.blockpass.org
As with the start of any new revolutionary technology, the future of blockchain technology is evolving and growing into exciting new industries with regulatory mechanisms close behind.
This partnership is part Infinito Wallet’s plan to partner with leading blockchain service providers to serve as a gateway for users to maximize their usage and potentials of cryptocurrencies. We are working on partnerships with major exchanges, ID/KYC solution providers, and leaders of various blockchain-related business services. By selectively expanding our partner networks, we aim to build an ecosystem of practical blockchain services that includes exchanges, ID/KYC solutions, and other blockchain-related business services.
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Infinito aims to create a perfect blockchain experience for users, applications, and developers through its product Ecosystem which includes Infinito Wallet, Infinito App Square, Infinito Blockchain Platform, and InfinitoPAY.
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