Blockpass KYC Platform

Blockpass KYC Platform - Reusable Digital Identity for Web3

Product Overview

Blockpass KYC Platform provides digital identity verification specifically designed for cryptocurrency and blockchain businesses. The platform enables reusable identity—users verify once and can access multiple services—while businesses maintain full compliance with global KYC/AML regulations.

Core Product Features

Identity Verification

Document Verification: AI-powered verification of identity documents (passports, national IDs, driver's licenses) with fraud detection and authenticity checks.

Biometric Verification: Facial recognition and liveness detection to ensure the person presenting documents is their true owner.

Address Verification: Proof of address verification through utility bills, bank statements, and other accepted documents.

Reusable Identity

One-Time Verification: Users complete verification once and can reuse their Blockpass identity across multiple participating platforms.

User-Controlled: Users maintain control of their verified identity and choose which services to share it with.

Compliance Features

AML Screening: Automated sanctions list checks, PEP screening, and adverse media monitoring.

Risk Scoring: Automated risk assessment based on jurisdiction, document type, and behavioral signals.

Audit Trail: Complete verification history and documentation for regulatory audits.

VASP-Specific Features

Travel Rule Compliance: Tools for FATF Travel Rule compliance for cryptocurrency transactions.

Unhosted Wallet Verification: Solutions for verifying ownership of non-custodial wallets.

On-Chain Proofs: Blockchain-based verification attestations that prove compliance without exposing PII.

Key Product Differentiators

Crypto-Native: Built specifically for blockchain industry requirements including VASP regulations and Travel Rule.

Reusable Identity Model: Reduces verification costs and improves conversion by eliminating repeated KYC for users.

Privacy Focus: Users control their data with selective disclosure capabilities.

Global Coverage: Support for documents from 200+ countries with localized compliance requirements.

Ideal Use Cases

• Cryptocurrency exchanges onboarding new users
• DeFi protocols requiring compliance layers
• NFT marketplaces with KYC requirements
• Token sale platforms conducting investor verification
• Web3 gaming platforms with regulatory requirements
• VASP platforms needing Travel Rule compliance