Digital identity verification provider Blockpass have announced a new collaboration with Corporate Options Limited for individuals and businesses that plan to form or already are operating a company registered in the Isle of Man.
Areas of collaboration for the partnership include building the first client on-boarding platform and eKYC management system for companies registered in the Isle of Man.
Corporate Options, based in the Isle of Man, provides assistance in all aspects of offshore company formation and corporate management for international and local businesses, as well as individuals.
Lee Murphy, Director of Corporate Options Limited commented: “We are delighted to assist Blockpass with their business development which should benefit both businesses and we are keen to develop this exciting tool that will assist our clients going forward.
“It is great to see innovative businesses chose the Isle of Man as a springboard to develop their ideas and this fits perfectly with our strategy to not only support wealth creators but add real value to their enterprises. We aim to make the Blockpass Application successful and hope it brings benefits to other financial service providers on the Isle of Man and beyond”.
From the Blockpass application, users can create, store, and manage data-secure digital identities that can be used for an entire ecosystem of services, as well as for token purchase.
Users will be able to use Blockpass’ video verification tool to meet KYC requirements instead of requiring face-to-face meetings to confirm identity.
“Partnering with Corporate Options allows a great opportunity for Blockpass to be able to build world-first identity management solutions,” said Blockpass CEO Adam Vaziri.
“Our business has always strived to be at the forefront of innovation and the integration and planned collaboration with Corporate Options is no different in this regard.”
Blockpass has continued to expand the number of corporate customers using its platform in recent months, announcing a number of other businesses including Ethfinex, BBFTA, ethecal and Infinito have integrated its KYC solution into their customer onboarding procedures.
