Hello everyone, i am going to post about ICO PASS project today.
ICO Pass is a new project concentrating on tools for the gathering, verification and exchange of KYC information.
Main aim of ICO Pass is leading in providing identification and verification the identity of ICO clients. ICO Pass focuses on ensuring the easiest way to simplify and fasten the work of ICO organizers. Secondly, ICO Pass solves the problem of the absence of interconnection between ICO organizers and contributors. To make short, ICO Pass developers are working on improving KYC system. ICO Pass simplifies, improves and develops KYC, offering a higher level of safety and reliability of their crowdsale participants’ data.
ICO PASS is creating a solution for proper identification of the contributors and organisers of the ICO. Providing Proper KYC Information is not merely enough, they have designed a new system which interacts with Blockchain based data. The mobile client is the first step in the process which collects all the information about the contributors. When the user is onboard, the KYC Verification process commences. Verification web services analyse the present information. The same mechanism can be applied to the ICO Organiser.
How Does The ICO Pass Work?
- The main principle of ICO Pass work leads to using blockchain technologies;
- Subject addresses can be matched to data;
- KYC verifying of participants’ data.
Payment transaction tracking during crowdsale is one of the features of the platform that allows the contributors to know the details of the contributions. They are developing a secure, reliable and fast platform for the identification and verification of the people participating in the ICO, and the people organising the ICO.
It supports only ethereum addresses. The mobile application developed by the team will be open source after they complete their crowdsale. Verification key signatures given by the platform to the ICO organisers allows simple yet powerful verification of the Ethereum addresses. The Process takes seven minutes and it is totally automated.
Team and the Future
The team working on the development of the platform is experienced in the field of Blockchain technology, business development and Entrepreneurship. KYC and AML process are a few of the most important steps in the verification of the identity of the people across the world. Every financial institution is using the services to strengthen their database so they can insulate themselves from the potential hacks and thefts. One identifies his qualities in a more than one way. The world gives you an identity, which you carry with yourself to remain in sync with the world.
Your name, age and address are a few of the smallest records in the book that one can identify with. Everyone in the world knows about the rise of technology that has made the storage of such identity information much easier. What I think about the platform is that it is an urgent requirement for companies to minimise the incidents of hacks, and loss of identity.
ICO Pass Token Sale
- Ticker Symbol: ICOP
- Max Token Supply: 60 Million ICOP (20m tokens will be for sale)
- Soft Cap: 500,000 EUR
- Hard Cap: 5,000,000 EUR
- Public Sale Date: 6th April
Please check following links for additional information
WEB: https://icopass.id/
WHITEPAPER: https://drive.google.com/file/d/1hs-RWInvpc_p7UpjIvUU1xNuqIvUi4Rn/view
TELEGRAM: https://t.me/joinchat/Fc2D7BEPyFu2XQbTXvmQ2A
TWITTER: https://twitter.com/icopassid
FACEBOOK: https://web.facebook.com/icopassid/
ANN Thread: https://bitcointalk.org/index.php?topic=2854220.0
Thank you for reading my blog. This blog was published by bctbuster @bitcointalk
My profile: https://bitcointalk.org/index.php?action=profile;u=1851220
My ETH Wallet: 0x292A1E948365cE12Ae67656d83d30378234eda8a