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Blockpass is also a decentralized, standardized blockchain identity verification platform. Through ETH technology and smart contracts, it provides shared regulatory services for individuals, businesses, targets, and devices. Blockpass is not only a user-centric identity management platform but can also reduce KYC costs for businesses. Users need to register their personal information only once in BLOCKPASS (Blockpath), enabling them to participate safely and quickly in various "regulatory services." The PASS (Blockpass) token, issued by the Blockpass Foundation, can be used for discounted access to Blockpass verification services.
Blockpass User Application
With the addition of the Blockpass verification system to blockchain services, the Blockpass application eliminates the need for users to repeatedly go through complex identification procedures. Moreover, it allows users to choose which credentials they want to verify and sign, as well as whether their data is stored on the device or in the cloud.
As stated by Blockpasss founders, the application does not retain any user data, nor is user data stored on any blockchain. Additionally, users can manually back up their profile data.
The application complies not only with KYC rules but also with anti-money laundering regulations and the General Data Protection Regulation, which took effect in the EU on May 25, 2018.
Access Multiple Services at Once
In essence, the application is a potential gateway for multiple services identities. All services of the Blockpass KYC system will be listed in the apps menu. Some are available after passing a standard KYC procedure. Alternatively, services can be accessed via QR code. After scanning the code, Blockpass prompts the user to submit any necessary profile information to gain access.
Service providers can perform additional verification checks before logging in users using certificates. From the users perspective, certificates represent profile enhancements and are required to meet certain KYC requirements. A standard Blockpass certificate includes all data submitted by the user to the certificate authority, the terms of the certificate, issue date, expiration date, and the issuers digital signature.
When a user meets certain criteria, the issuer can push a certificate to the Blockpass user, who must review the certificates contents before adding the certificate details to his profile or declining the certificate.
Existing Partnerships
In May, Blockpass announced a partnership with AgeChecked, a service that provides online age checks for websites selling age-restricted goods and services. This partnership will enable Blockpass users to prove their age for various uses, such as purchasing age-restricted products or signing legal documents, without sharing their personal identity information.
AgeChecked will provide certificates proving the user has the correct age, then add them to the blockchain for quick and secure verification.
Blockpass has also recently announced a collaboration with Edinburgh Napier University to develop a blockchain identity lab under the guidance of renowned computer scientist Professor Bill Buchanan.
Blockpass is also working with Infinito Wallet founder Infinity Blockchain Labs to develop multi-signature functionality, allowing Infinito users to generate multi-signature wallets. This wallet is created using the "asset" key within the Infinito wallet and the ID key from the Blockpass Identity application.
Furthermore, Blockpass has announced partnerships with ICO platform Holdex and password manager Myki.
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