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Skilled Perception into Blockchain-Powered Know-Your-Buyer (KYC) because the New Customary for Token Gross sales and Preliminary Coin Choices (ICOs)
Gibraltar, GIB – June 13, 2018 — TokenMarket, the main advisory skilled on ICOs and Token Gross sales, is saying a webinar with Civic, the main blockchain identification verification know-how supplier. Civic Co-Founders, Vinny Lingham and Jonathan Smith, are joined by TokenMarket CTO Mikko Ohtamaa for a dialogue on Know-Your-Buyer verification. The dialog shall be focussed on Token Gross sales, ICOs and the way this has advanced from a standard, centralized format to a decentralized, user-controlled, reusable answer.
Decentralized KYC for Token Gross sales and Preliminary Coin Choices is the primary of Civic’s Decentralized Id webinar collection being launched Friday, June 15. Members may have the prospect to be taught from trade specialists on identification verification finest practices. Civic and TokenMarket executives will focus on new methods of building belief by switching from knowledge-based authentication to possession-based authentication protocols, lowering the dangers of impersonation, dangerous actors and hacks.
Private info is key to the way in which individuals work together with services and products on-line and offline. At present, private knowledge is replicated and saved in central databases, which opens alternative for knowledge theft and safety breaches. Civic’s decentralized, reusable KYC answer allows corporations to authenticate customers and confirm their identification with out the necessity for usernames or passwords and solely accumulate the minimal must know info for compliance functions. This reduces the dangers and price related to dealing with private identification info. Civic introduced a Reusable KYC answer for Token Gross sales and Preliminary Coin Choices (ICOs) in February 2018 and has since enabled quite a few ICOs and Token Gross sales to adjust to KYC laws.
TokenMarket has established themselves because the chief within the ICO advisory house, enabling tons of of corporations to difficulty their very own tokens. The 2 corporations first began working collectively previous to the Civic token era occasion, with TokenMarket advising and executing the Civic token issuance. They’re now enabling corporations that need to run ICOs or Token Gross sales to be totally compliant, lowering the chance for each most of the people and the ICO operators.
“TokenMarket is worked up to accomplice with Civic to share experience about decentralized safety options,” mentioned TokenMarket CTO, Mikko Ohtamaa. “As well as, we shall be partnering with Civic to launch our new good contract know-how, KAI, that can enhance ease and pace for ICOs by combining KYC/AML and Accredited Investor particulars right into a single supervisor for potential contributors. Civic shall be our KAI’s launch case.”
“Our partnership with TokenMarket will allow tens of millions of ICO individuals to enhance their consumer expertise with the assistance of the Civic Reusable KYC answer, all whereas lowering dangers and defending their knowledge in opposition to dangerous actors. KYC is changing into essential requirement to take part in ICOs and Token Gross sales, and customers shouldn’t need to add paperwork each time they should show who they’re.” mentioned Civic CTO and Co-Founder, Jonathan Smith. “We’re excited to deliver a brand new degree of safety and professionalism to the token sale course of, and we need to prolong an invite to hitch our dialogue on June 15.”
That is the primary in a webinar collection that Civic will host on Decentralized Id. Comply with the www.civic.com/webinars web page for extra info on upcoming webinars.
TokenMarket is a premier ICO info portal and advisory agency. It combines its market expertise, sources and knowledge property to create a professionally tailor-made answer to execute ICOs safely and securely. offering an end-to-end service for token creation, presale and public sale. TokenMarket’s ICO advisory service has partnered over 30 token gross sales together with Storj, Populous, Monaco, Civic and Dent, elevating over $300 million in whole. Following the success of its ICO advisory service, TokenMarket is internet hosting its personal 2-day convention “TokenMarket 2018: Insights Into The Token Economic system”, which takes place on 28-29 June in Gibraltar. For extra info on TokenMarket 2018 go to https://tokenmarket.web/conference-2018/house
Civic is a visionary blockchain identification verification know-how that enables customers to authorize using their identities in real-time. They’re spearheading the event of an ecosystem that’s designed to facilitate on-demand, safe, and low-cost entry to identification verification companies by way of the blockchain. Civic just lately launched a Civic token that individuals within the ecosystem will use to offer and obtain identification verification-related companies. The corporate offered $33 million of its tokens throughout its token sale occasion in June 2017. For extra info, go to https://www.civic.com