Blockchain asset exchange platform GlenBit has announced it will incorporate Blockpass KYC Connect solution to help support its customer onboarding process.

GlenBit is a blockchain assets exchange platform headquartered in Edinburgh, United Kingdom.

Its technical and operational teams are spread over Europe and Asia Pacific region, with offices based in Tokyo, Beijing, Zhengzhou and Shenzhen.

“By integrating KYC Connect Plus into our onboarding process, we can dramatically reduce the amount of time it takes for customers to sign up to our platform, while knowing that we are still meeting global regulatory requirements for compliant verification,” said WenFei Xu, operations manager of GlenBit.

After recently launching its KYC Connect service, Blockpass has already announced integrations with Ethfinex, ethecal, BBFTA, Tokenomica, Legacy Trust and Corporate Options.

“The great thing about Blockpass, is the more merchants and exchanges that come on board, the greater the ecosystem of verified profiles that become available,” explained Adam Vaziri, CEO of Blockpass.

“Adding a global exchange like GlenBit to our roster of partners means that we can continue to expand our user-base and continue to pass on the savings from multi-use verification.”

Blockpass is a RegTech and compliance business which provides digital identity verification as a service.

Through its network of partners, Blockpass is “creating an ecosystem of pre-verified customers” for easy and seamless customer onboarding for any regulated business and industry.

With a verified Blockpass digital identity, customers can simply scan a QR code and easily send verified profiles to merchants, reducing the time and the friction of onboarding.