Infinito’s partnership with blockchain compliance leader Blockpass has finally borne fruit: Infinito Wallet is now the first and only wallet solution in the world with integrated KYC verification! Users can register to easily manage tokens that require KYC Profile with Infinito Wallet, and even apply to enjoy other blockchain services.
This also means that Infinito Wallet is now ready to support security tokens, regulation-bounded crypto assets that derive value from external, tradeable asset.
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.
Integrated KYC on Infinito Wallet: How to Use
Several tokens require users to register and get their digital profile reviewed and then approved by Token Issuers before being able to start transacting. Such tokens will have their “Send” tab disabled until the user has had their KYC Profile marked as “Approved”.
In case of Blockpass’s compliant PASS token, users can set up their digital identity and register with blockchain service providers via Blockpass while checking application progress via the Universal Wallet app with only 6 steps in version update 2.1.
A handy user guide is available below, using PASS token as the example:
Step 1: From “My Assets”, select the PASS token.
Step 2: “Send” tab is initially disabled. You will be auto-redirected to “KYC” tab.
Step 3: You will see your KYC application status. Tap “Complete KYC with Blockpass” to apply.
Step 4: Fill in all Required Information, then tap “Register” to submit your KYC Profile.
Step 5: Your KYC Profile is being reviewed. You can tap “Check Application Status” to view the details.
Step 6: Your KYC Profile has been approved. You can start transacting PASS tokens.
Searching for a great Universal Wallet for your security token, security token exchange, or security token-based services? Look no further: Infinito will be of service!
Infinito Wallet and Blockpass: Collaborative RegTech Infrastructure for Crypto Compliance
Earlier this year in April, Infinito and Blockpass announced official partnerships at London’s Blockchain Expo, promising breakthrough RegTech solutions for the blockchain industry. Later, from 23 May 2018, Blockpass’ compliant token, PASS, became a default token natively listed and supported on Infinito Wallet. PASS is the first RegTech token to be issued via the Universal Wallet. It serves as a voucher for Blockpass’ verification services as well as “identity mining” in which users and enterprises are rewarded when providing services for identity verification.
By bringing such compliance solution to the world’s most powerful Universal Wallet, Infinito Wallet can facilitate wallet integration of security tokens – a first in the blockchain world! App version 2.1 also comes with other great updates such as support for MainNet ONT, and official launch of Community Airdrop Program that brings lots of free tokens to communities, so check it out!
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About Infinito Wallet
Positioning as a leading universal wallet for crypto users, Infinito Wallet serves as a gateway for users to maximize usage and potentials of their cryptocurrencies. Our DApp browser, App Square, provides access to the most innovative blockchain applications for daily user needs. By selectively expanding our partner network, Infinito Wallet aims to build an ecosystem of practical blockchain services including exchanges, ID/KYC solutions, and other blockchain-related business services. At the same time, we support communities of developers and businesses with Infinito Blockchain Platform, an open blockchain infrastructure of technologies and compliant-ready services, so that they can seamlessly build, launch, and operate innovative products and services efficiently.
Infinito Wallet’s core development team of blockchain R&D experts has intensive professional experience. Currently, our organization has more than 300 members including developers, designers, business, marketing, and customer service specialists. We are promoting research on infrastructure for cryptocurrencies and development utilizing blockchain.
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