Category: Blockchain

OMNIA Protocol Integrates Blockpass to Secure DeFi Trading

Blockpass is pleased to reveal a new partnership as OMNIA Protocol, a specialized RPC provider for DeFi traders, integrates Blockpass’ regulatory regulatory solutions. Through this integration, OMNIA benefits from compliance measures that include KYC, AML and KYB that will protect its users as they utilize the benefits of DeFi and the crypto space.

Created by cybersecurity, privacy and trading experts, OMNIA aims to tackle DeFi issues including front-running and MEV exploitation to create an ecosystem where anyone can enjoy an unparalleled DeFi experience. As a DeFi Remote Procedure Call (RPC), OMNIA Protocol is ideally suited to facilitate distributed systems and enables seamless and scalable communication over disparate networks. OMNIA boasts over forty networks and close to three million active monthly users alongside a 100% uptime which is vital to DeFi trading as users enjoy real-time pending transaction streams and robust transaction broadcasts as well as fast and secure transactions.

Blockpass, known as “Web3’s OG Identity Verifier,” has pioneered reusable identities and crypto-native KYC/AML solutions. Its turnkey suite of compliance tools is designed to lower onboarding costs, automate remediation, prove humanity and protect against malicious actors, fraudulent activities, bots, and AI. Businesses can set up services quickly, test them for free, and start verifying users. With around one million verified identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to benefit from Blockpass’ compliant network.

“We’re excited to partner with Blockpass, combining our strengths to secure and streamline DeFi trading. This collaboration underscores our commitment to user safety and compliance, paving the way for a DeFi ecosystem where security and confidentiality are paramount. Together, we’re setting new standards for a trustworthy web3 experience, ensuring our community uses the RPC with confidence.” said OMNIA Protocol CEO Cristian Lupascu.

“Both OMNIA and Blockpass have a strong history of furthering the goals of compliance in our efforts to ensure only honest, legitimate users enjoy the benefits of crypto and blockchain technology.” said Blockpass CEO Adam Vaziri. “We’re delighted to work with OMNIA, particularly with a team so dedicated to furthering the ideals of safety and security in the industry, to provide the best and most seamless user experience in accessing DeFi.”

Through this integration, Blockpass and OMNIA hope to further the goal of innovative and game-changing DeFi in a regulated environment that promotes safety, security and privacy, allowing people to grow their wealth and expand their opportunities without the risks associated with bad actors.

About Blockpass

Ditch tedious onboarding and say hello to seamless compliance with Blockpass, the ultimate turnkey solution for KYC, KYB, and AML. Experience the market’s most efficient and cost-effective compliance suite, built by seasoned compliance veterans and crypto-natives. Automate compliance processes, eradicate fraud, and onboard globally with confidence. Verify businesses worldwide, launch bank-grade verification for your organization, and instantly activate compliant KYC/AML for DeFi, exchanges, token launchpads, NFT mintings and beyond. Through Blockpass’ decentralized network of a million pre-verified crypto-enthusiasts and a thousand pre-verified businesses, you can expand your reach effortlessly. Leverage Advanced KYC BotTM for intelligent remediation, On-Chain KYC® for data-free anonymity, and Unhosted Wallet KYCTM to meet Crypto Travel Rule regulations. Join Animoca Brands, Cardano, Polygon, Chainlink, Delta Exchange, National Geographic, TinyTap, Seedify, ChainGPT, Iskra and many more in partnering with Blockpass for compliance you can trust, growth you can accelerate and an experience you can enjoy. Join the cutting edge of secure, streamlined onboardings.

Learn more and engage the Blockpass team:
Website: http://www.blockpass.org
Email: sales@blockpass.org

About OMNIA

OMNIA is the secure and reliable infrastructure web3 desperately needs. Serving over 15M users, protecting transactions worth $3B+ across 40+ networks every month, OMNIA maintains 100% uptime without flinching. It’s the answer to every DeFi trader – be it a beginner or an experienced tech-savvy user.

Trusted by many. Seamlessly protecting many more.

Find more and engage the OMNIA team:
Website: https://omniatech.io
Email: info@omniatech.io

WonderFi Announces Expansion into Australia

WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) (the “Company” or “WonderFi”), a leading operator of regulated Canadian crypto trading platforms, today announced they have reached an agreement to purchase FX Institutions Pty. Ltd. (“FXI”) in a non-dilutive transaction, subject to regulatory approval. FXI is registered in Australia to offer crypto trading and payment remittances within the region.

WonderFi is a recognized consolidator in the crypto industry, and wholly owns and operates two of Canada’s largest regulated crypto trading platforms, Bitbuy and Coinsquare, as well as its global crypto payments business, SmartPay.

After successfully acquiring and consolidating the clients of five of the eleven registered crypto trading platforms in Canada, WonderFi continues to validate the Company’s strategy of attracting trading volume, staking activity and total client assets to its crypto trading platforms.

WonderFi, through FXI, will launch over-the-counter (OTC) trading services in Australia in Q2 2024, with plans to roll out a comprehensive suite of offerings for retail and institutional traders in Q3 2024.

Tim Lo, recently appointed as Head of Sales in the Asia-Pacific (APAC) region, will spearhead the go-to-market strategy in Australia. Mr.Lo brings a wealth of expertise from both the crypto and traditional finance sectors, having held positions at institutions such as Deutsche Bank, HSBC, BTIG, and TPS Capital.

“WonderFi is pleased to announce our upcoming launch of a regulated crypto trading offering for Australian investors. With its high cryptocurrency adoption rates and vibrant digital asset community, the Australian market has tremendous potential for WonderFi. Our established track record and extensive experience growing two of the largest regulated crypto platforms in Canada, including obtaining registration for two of our businesses to offer crypto-staking, provides a solid foundation for international expansion,” said WonderFi President & CEO, Dean Skurka.

The Company’s OTC crypto desk in Canada offers large trade execution with a $50,000 minimum for Bitcoin, Ethereum and other digital assets, in addition to white glove service, no deposit or withdrawal fees, same-day fiat currency funding, and institutional grade security. WonderFi crypto trading platforms have facilitated over $7B of OTC transactional volume.

As of 2023, Australia boasted the highest rate of cryptocurrency adoption among developed nations, standing at 23%, and ranked 8th globally in terms of crypto adoption, according to Statista. This compares to an estimated 16% in the United States and 12% in the UK.

In connection with the Transaction, WonderFi engaged Clyde & Co. as its legal advisor.

For further information regarding WonderFi’s Australia launch please visit www.wonder.fi/australia.

ABOUT WONDERFI

WonderFi owns and operates Bitbuy and Coinsquare, two leading domestic crypto platforms with strongholds in the Canadian market; WonderFi operates Internationally through its expansion in Australia, as well as through Smartpay, its global crypto payments platform.

With a collective user base of over 1.6 Million registered Canadians and a combined assets under custody exceeding $1.5 Billion, WonderFi serves one of the largest crypto investor communities in Canada.

For more information, visit www.wonder.fi.

Additional Information

For additional information, please contact:

Media / Investor Relations
Charlie Aikenhead
Invest@wonder.fi

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the beliefs of WonderFi Technologies Inc. (“WonderFi” or the “Company”) regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such “could”, “intend”, “expect”, “believe”, “will”, “projected”, “planned”, “estimated”, “soon”, “potential”, “anticipate” or variations of such words.

In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: the inability of the Company to meet its expected revenue targets and revenue growth of SmartPay, each of which may be subject to market conditions and regulatory or other approvals which may be required in connection therewith; the inability to maintain current levels of user growth due to competition and cyclical market conditions; the inability of the Company to work effectively with strategic investors and partners, and any changes to key personnel; security and cybersecurity threats and hacks; internet and power disruptions; uncertainty about the acceptance or widespread use of digital assets; failure to anticipate technology innovations; and material adverse changes in general economic, business and political conditions, including changes in the financial markets and compliance with extensive government regulation. These risks are not intended to represent a complete list of the factors that could affect the Company. A more fulsome description of risk factors that may impact business, financial condition and results of operation with respect to WonderFi is set out in its management’s discussion and analysis and financial statements for the period ended March 31, 2023, as well as its annual information form and the joint management circular of WonderFi, Coinsquare and CoinSmart in respect of the Acquisition, available on its SEDAR+ profile at https://www.sedarplus.ca.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

The company has provided an updated outlook for the purpose of presenting information about current expectations for the periods presented. This information may not be appropriate for other purposes. You are cautioned not to place undue reliance on forward-looking statements which reflect expectations only as of the date of this news release.

The Toronto Stock Exchange has not approved or disapproved of the information contained in this release. Except as may be required by applicable law, WonderFi disclaims any obligation to update or revise any forward-looking statements.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/202214

Breaking Boundaries: Dubai Set to Redefine Blockchain Technology at WBS Dubai

The 29th edition of the World Blockchain Summit, organised by Trescon and co-hosted by Sun Minimeal, returns to Dubai on 22-23rd April 2024 at the iconic JW Marriott Hotel Marina. This highly anticipated event is summit is set to become a major focal point for global web3 and blockchain innovators to take note of the region’s efforts towards a web3-driven future. This eagerly awaited edition is poised to become a critical hub for global web3 and blockchain innovators, highlighting UAE’s efforts towards a future driven by web3 technology.

The Summit, one of the longest-running global blockchain series, has become a pivotal platform for leading and emerging blockchain and web3 innovators, visionaries, though-leaders and policymakers to deliberate over the trending innovations and solutions that are driving the inclusion of blockchain-based solutions in critical sectors of the global economy.

Benefiting from supportive government policies and a shift towards a digital-first economy, Dubai is solidifying its position as a leading global hub for blockchain innovation, enhancing its digital infrastructure comprehensively. The launch of the Dubai AI & Web3 Campus by the DIFC, alongside the Virtual Assets Regulatory Agency (VARA) Dubai, has attracted global investors and innovators eager to play a pivotal role in nurturing a dynamic digital ecosystem within the UAE.

The Summit will host over 2,000 web3 decision-makers, 300+ investors, and more than 50 speakers. The event will also feature the regional finale of the Startup World Cup organised by the renowned US-based venture capital firm Pegasus Ventures, offering the winner a chance to secure a spot to pitch at the global finals in San Francisco, with a potential prize of US$1 million in funding.

#WBSDubai showcases compelling keynote speeches, use-case presentations by prominent blockchain visionaries and experts, and engaging panel discussions on pivotal topics shaping the web3 landscape. Some of the themes that will be explored at the event include 2024 Blockchain Ecosystem Market Analysis, Decrypting the Regulatory Landscape of Virtual Assets, Emerging Trends in Enterprise Blockchain Adoption, The rise of AI-Blockchain integration and more.

Some of the notable speakers attending the event include:

Pascal Gauthier, Chairman & CEO, Ledger

  • Roham Gharegozlou, Co-founder and CEO, Dapper Labs
  • Mike Belshe, Co-Founder & CEO, BitGo
  • Bertrand Levy, VP Global Partnerships, SANDBOX
  • George Gvazava, Chief Crypto Officer, Bank of Georgia
  • Miriam Kiwan, Vice President of MEA, the issuer of leading regulated stablecoin, USDC., Circle
  • Yosuke Yoshida, Co-CEO of EMURGO Middle East & Africa CEO of EMURGO Kepple Ventures, EMURGO
  • Bandar Altunisi, Head of Development for Binance in Saudi Arabia Head of Institutional Relationships for Binance Dubai (FZE), Binance
  • Reece Merrick, Managing Director, Middle East & Africa, Ripple

Sharing their enthusiasm about the event, George Gvazava, Chief Crypto Officer, Bank of Georgia said,” In the realm of innovation, the World Blockchain Summit serves not only as a gathering of minds but as a crucible, where ideas are forged into the connections, use-cases and technologies of tomorrow.”

“In the heart of Dubai’s dynamic tech landscape, blockchain technology stands as a cornerstone in the UAE’s digital transformation. Trescon plays a pivotal role, connecting global entrepreneurs and startups with leading investors and experts. The World Blockchain Summit offers a prime venue for unveiling the latest in blockchain innovation and insights.”, said Sharath Kumar, Commercial Director, Trescon

Registration for the World Blockchain Summit Dubai is still open. Seize the chance to book your slots today and prepare to be a part of another thrilling blockchain and crypto event of the year. Don’t let this opportunity slip away!!

The 29th edition of the World Blockchain Summit is supported by:

Co-Host – Sun Minimeal
Co-Powered By – Ecrox Chain
Gold Sponsor – Medifakt, Crypto2Cash, Anbruggen
Silver Sponsor- Kreation, Coingames, Reat Capital
Lanyard Sponsor- M2
Badge Sponsor- Ledn
Bronze Sponsor- BitGo,  Block Convey, M2
Exhibitors- Reltime, Qoneqt , C# Corner
Official Accommodation Partner- HotelPlanner
Business Broadcast Partner – CNBC Arabia
Official Newspaper Partner- The Fintech Times
Official Digital PR Distribution Partner – ZEX PR Wire
ABM Partner- Demandify
Association Partners- Crypto and Blockchain Association, Blockchain Council, Asia Web3 Alliance Japan, European Blockchain Association
Prime Media Partner- Demandteq

About World Blockchain Summit (WBS)

World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.

WBS is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 20 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.

To book your tickets, visit: https://shorturl.at/gmwxO 

Contact:
Shadi Dawi
Director, Public Relations & Partnerships – MENA, Trescon
shadi@tresconglobal.com
+971 55 498 4989

Animoca Brands and Blockpass forge strategic partnership for a secure and regulatory compliant Web3

Blockpass, the leading provider of compliant identity verification solutions for the Web3 space, and Animoca Brands, the company advancing digital property rights for gaming and the open metaverse and a long-standing Blockpass customer, today announced a strategic partnership to build a safer and more compliant Web3 environment.

This collaboration will leverage Blockpass’ industry-leading KYC/AML SaaS to provide Animoca Brands and select portfolio companies with seamless and cost-effective solutions for user verification. This will ensure stronger regulatory compliance while fostering a safer, user-friendly experience within the burgeoning Web3 and metaverse landscapes.

Through this strategic partnership, Blockpass and Animoca Brands aim to:

– Enhance user safety and security:
— In an era of AI deepfakes and rampant identity fraud, Blockpass’s identity verification solutions play a crucial role in mitigating fraud risks and safeguarding users within the Animoca Brands ecosystem.

– Achieve compliance amid growing crypto regulations:
— In the evolving landscape of crypto regulations, adhering to KYC and AML requirements is essential. Animoca Brands and its participating portfolio companies will be able to operate with greater confidence knowing they are in compliance.

– Streamline user onboarding with reusable identity:
— Blockpass offers a user-friendly verification process that ensures smooth and efficient onboarding. Users can create, store, and manage a secure digital identity, simplifying access to Web3 services and other sectors that are subject to regulation.

Blockpass, renowned as “Web3’s OG identity verifier,” has pioneered reusable identities and crypto-native KYC/AML solutions. Its turnkey suite of compliance tools is designed to lower onboarding costs, automate remediation, prove humanity and protect against malicious actors, fraudulent activities, bots, and AI. Businesses can set up services quickly, test them for free, and start verifying users. With around one million verified identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to benefit from Blockpass’ compliant network.

Animoca Brands is a global leader in gamification and blockchain with a large portfolio of over 400 investments in Web3 projects, and with the mission to advance digital property rights and contribute to building the open metaverse. The company and its various subsidiaries develop and publish blockchain games, traditional games, and other products, many of which are based on popular global brands including The Walking Dead, Power Rangers, MotoGP™, and Formula E.

Yat Siu, co-founder and executive chairman of Animoca Brands, said: “One of Animoca Brands’ core philosophies has always been to support and empower mission-aligned builders who believe in the vision of Web3 and the open metaverse to usher in digital property rights for all. We work with Blockpass not only for the breadth of its offerings, but also because Adam and his colleagues are highly committed to the vision of data sovereignty and true digital ownership. This strategic partnership will enable Blockpass to tap into the potential of Animoca Brands’ ecosystem while enhancing our user verification process.”

“Animoca Brands has been an important customer of Blockpass since 2021 and we’re excited to further our relationship,” said Adam Vaziri, CEO of Blockpass. “This collaboration marks a significant step forward in establishing trust and regulatory compliance in the metaverse. By working together, we can create a safer and more accessible Web3 experience for everyone.”

This partnership marks a significant milestone in the evolution of Web3 and the open metaverse. By prioritizing user safety, regulatory compliance, and user experience, Blockpass and Animoca Brands are paving the way for a more secure and inclusive future for the decentralized world.

About Blockpass
Ditch tedious onboarding and say hello to seamless compliance with Blockpass, the ultimate turnkey solution for KYC, KYB, and AML. Experience the market’s most efficient and cost-effective compliance suite, built by seasoned compliance veterans and crypto-natives. Automate compliance processes, eradicate fraud, and onboard globally with confidence. Verify businesses worldwide, launch bank-grade verification for your organization, and instantly activate compliant KYC/AML for DeFi, exchanges, token launchpads, NFT mintings and beyond. Through Blockpass’ decentralized network of a million pre-verified crypto-enthusiasts and a thousand pre-verified businesses, you can expand your reach effortlessly. Leverage Advanced KYC Bot(TM) for intelligent remediation, On-Chain KYC® for data-free anonymity, and Unhosted Wallet KYC(TM) to meet Crypto Travel Rule regulations. Join Animoca Brands, Cardano, Polygon, Chainlink, Delta Exchange, National Geographic, TinyTap, Seedify, ChainGPT, Iskra and many more in partnering with Blockpass for compliance you can trust, growth you can accelerate and an experience you can enjoy. Join the cutting edge of secure, streamlined onboardings.

Learn more and engage the Blockpass team via the following:
Website: https://www.blockpass.org
Email: sales@blockpass.org

About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help to establish the open metaverse. The company develops and publishes a broad portfolio of products including original games such as The Sandbox, PHANTOM GALAXIES™, Life Beyond, and Crazy Defense Heroes, and products utilizing popular intellectual properties from the worlds of sports and entertainment, such as The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Darewise Entertainment, Notre Game, TinyTap, Be., PIXELYNX, WePlay Media, Gryfyn, and Azarus. Animoca Brands is one of the most active investors in Web3, with a  portfolio of over 400 Web3 investments, both directly and through Animoca Ventures, including Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, and many more. For more information visit www.animocabrands.com or follow on X (Twitter), YouTube, Instagram, LinkedIn, Facebook, and TikTok.

Contact: press@animocabrands.com

Moxy.io Announces Strategic Investment from GDA Capital; Michael Gord to Lead Web3 Initiatives

Moxy.io, a blockchain powered tournament platform and infrastructure provider in the competitive gaming and web3 space, has officially announced a strategic investment from GDA Capital, a leading global digital asset and blockchain investment and capital markets advisory firm. This investment marks a significant milestone for Moxy, as Michael Gord, Founder and CEO of GDA Capital, will also be joining their team as the Head of Web3.

Michael Gord’s appointment is a testament to the depth of GDA Capital’s involvement in Moxy’s future. Gord, a seasoned web3 entrepreneur and investor in the blockchain community, brings a wealth of experience and a vast network of international industry connections to Moxy. His leadership is expected to drive Moxy’s Web3 initiatives, positioning the platform at the forefront of blockchain innovation and adoption.This collaboration between GDA Capital and Moxy is built on a shared vision of accelerating the development and adoption of blockchain technologies in the competitive gaming industry, through the use of Moxy’s technology infrastructure. By leveraging GDA Capital’s extensive expertise in digital assets and capital markets, along with Moxy’s innovative and scalable solutions for reward based competitive gaming, this partnership is set to deliver groundbreaking advancements to the gaming and web3 industries.”We are thrilled to partner with Moxy and welcome Michael Gord to the team. His expertise in blockchain technology and his visionary leadership are invaluable assets that will undoubtedly propel our Web3 initiatives to new heights,” said Matt DeFouw, CEO/Founder of Moxy.”I am honored to join Moxy as the Head of Web3, in addition to making a strategic investment from GDA Capital. This role not only aligns with my passion for blockchain technology but also offers an unparalleled opportunity to drive the evolution of gaming, an industry ripe for disruption and that is a primary catalyst accelerating the mainstream adoption of digital assets by the masses. Together, we’re poised to unlock new possibilities in competitive gaming, setting new benchmarks for innovation and adoption across the industry,” said Michael Gord.About GDA CapitalGDA Capital is a leading global investment firm focused on digital assets and blockchain technology. With a diverse portfolio of investments and a strong track record of success, we provide capital markets advisory services, capital formation, asset management and global go to market solutions to clients worldwide. Our team is comprised of seasoned professionals with deep expertise in finance, technology, growth strategies and blockchain innovation. For more information, visit https://gda.capital.About MoxyMoxy is a pioneering video game tournament platform at the intersection of competitive gaming and web3 blockchain technology. Moxy offers a competitive and rewarding gaming environment, featuring tournaments powered by the $MOXY token, providing both traditional and blockchain gamers with a unique, web3 esport experience and real reward ecosystem. With a commitment to expanding the gaming ecosystem, $MOXY token ecosystem, and bringing tangible $MOXY rewards to skilled game players, Moxy is redefining competitive gaming for the quickly growing web3 industry. For more information about Moxy and its initiatives, visit https://moxy.io. For more information, please contact:Plato Data Intelligence144 E44th StNew York NY 10017PlatoAiStream.comZephyr@platodata.io

AYA and Blockpass Collaborate to Ensure Compliance and Security in a Green Tech Future

Blockpass is excited to announce a partnership with AYA, a regulated UAE-based fundraising platform focused on the intersection of blockchain and sustainability. Concerned with facilitating innovative solutions which encourage a greener future, AYA mentors and cultivates projects which combine the borderless, transparent nature of blockchain to further the goal of sustainablility and achieving the SDGs.

This partnership will see Blockpass strengthening AYA’s compliance procedures and providing: risk assessment and risk classification of onboarding customers, customized forms based on the customer’s and regulator’s requirements, regular rigorous wallet compliance checks to protect user transactions, and evaluation of risks associated with wallets to ensure the absence of fraudulent and suspicious transactions. This will involve the gamut of Blockpass’ products, including KYC, KYB and AML solutions, the new Advanced KYC Bot™, ongoing monitoring, and Blockpass’ Unhosted Wallet KYC™.

Blockpass, known as “Web3’s OG Identity Verifier,” has pioneered reusable identities and crypto-native KYC/AML solutions. Its turnkey suite of compliance tools is designed to lower onboarding costs, automate remediation, prove humanity and protect against malicious actors, fraudulent activities, bots, and AI. Businesses can set up services quickly, test them for free, and start verifying users. With around one million verified identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to benefit from Blockpass’ compliant network.

AYA is the Middle East and North Africa region’s first fully regulated Climate Finance Platform, regulated by Dubai’s Virtual Assets Regulatory Authority (VARA) in 2023. Built on blockchain technology, AYA focuses on helping climate tech projects raise capital from its community of investors, utilizing carbon and nature-based credits as assets. AYA will leverage its team’s experience from building and running Enjinstarter – an extensive crowdfunding platform focused on gaming, entertainment, and the metaverse – to curate a nurturing ecosystem of mentorship, funding and collaboration where trailblazers can leave a lasting legacy of sustainability for future generations.

“Through our strategic partnership with Blockpass, we at AYA reaffirm our commitment to upholding the highest standards of AML and KYC practices in the industry. This collaboration underscores our dedication to fostering a secure, compliant, and trustworthy environment for our users, laying the foundation for a more responsible and sustainable future in the virtual asset space.” said Vasseh Ahmed, Managing Director of AYA.

“We’re delighted to be working with a company that is so focused on the future of both blockchain technology and the planet.” said Blockpass CEO Adam Vaziri. “We have previously worked with Enjinstarter and it’s an honor to be chosen once again to work with such a visionary team on such an important project.”

By working together, Blockpass and AYA will ensure that the sustainable futures of blockchain technology and the world are secured against identity fraud and money laundering. In ensuring regulatory compliance, Blockpass will help AYA grow and flourish as it seeks to nourish suitable projects and innovate in a responsible manner.

About Blockpass
Ditch tedious onboarding and say hello to seamless compliance with Blockpass, the ultimate turnkey solution for KYC, KYB, and AML. Experience the market’s most efficient and cost-effective compliance suite, built by seasoned compliance veterans and crypto-natives. Automate compliance processes, eradicate fraud, and onboard globally with confidence. Verify businesses worldwide, launch bank-grade verification for your organization, and instantly activate compliant KYC/AML for DeFi, exchanges, token launchpads, NFT mintings and beyond. Through Blockpass’ decentralized network of a million pre-verified crypto-enthusiasts and a thousand pre-verified businesses, you can expand your reach effortlessly. Leverage Advanced KYC Bot™ for intelligent remediation, On-Chain KYC® for data-free anonymity, and Unhosted Wallet KYC™ to meet Crypto Travel Rule regulations. Join Animoca Brands, Cardano, Polygon, Chainlink, Delta Exchange, National Geographic, TinyTap, Seedify, ChainGPT, Iskra and many more in partnering with Blockpass for compliance you can trust, growth you can accelerate and an experience you can enjoy. Join the cutting edge of secure, streamlined onboardings.

Learn more and engage the Blockpass team:
Website: http://www.blockpass.org
Email: sales@blockpass.org

About AYA
Born from a vision to bridge the gap in climate finance, AYA leverages blockchain to democratise fundraising for projects that aim for a greener Earth. From supporting startups aligned with the UN Sustainable Development Goals to ensuring each project meets rigorous regulatory and environmental standards.

Our mission is to empower everyone to contribute to a sustainable future. We’re making it possible for community members to not just witness change but be a part of it.

Learn more and engage with AYA’s team:
Website: https://www.aya.foundation/
Email: support@aya.foundation

Charting the Future Forward: WBS returns to Dubai

The 29th Edition of the World Blockchain Summit, an event by Trescon, returns to Dubai on 22nd and 23rd April 2024 bringing together leading innovators, investors, enterprises, thought leaders, entrepreneurs under one roof to debate and dissect the trending issues and challenges that are rapidly reshaping the regional blockchain and web3 ecosystem.

Held at the prestigious JW Marriot Hotel, Marina, the event emerges as the focal point for innovators to play a central role in establishing Dubai as the blockchain capital of the MENA region. With the implementation of key initiatives such as the Dubai Blockchain Strategy, Dubai Metaverse Strategy, the launch of Dubai Blockchain Platform and Virtual Assets Regulatory Authority (VARA), the Dubai is becoming the hotspot for blockchain and web3 innovations.

#WBSDubai is set to deliver compelling keynote speeches, illuminating use-case studies presentations by top blockchain visionaries and experts, and thought-provoking panel discussions covering pivotal topics that are currently shape the blockchain landscape. Some of the topics that will be discussed at the event include:

  • 2024 Blockchain Ecosystem Market Analysis
  • Exploring DeFi Trends: From Hype to Reality
  • The rise of AI-Blockchain integration and more

Some of the top speakers at event are:

  • Pascal Gauthier, CEO & Chairman, Ledger
  • Bertrand Levy, VP Global Licensing, SANDBOX
  • David Siemer, CEO, Wave Digital Assets
  • Rifad Mahasneh, GM MENA @ OKX
  • Talal Tabbaa, CEO, CoinMENA
  • Dmitry Fedotov, Head of DLT Protocol, ADGM
  • Richard Muirhead, Co-Founder & Managing, Fabric Ventures
  • George Gvazava, Chief Crypto Officer, Bank of Georgia

Reflecting on past events, speakers like Sandeep Naliwal (Co-Founder, Polygon), Charles Hoskinson (CEO & Founder, Input Output Global), and Frederik Gregaard (CEO, Cardano Foundation) have significantly shaped #WBS into a premier industry platform.

Sharing their thoughts, Frederik Gregaard, CEO, Cardano Foundation, said,” The World Blockchain Summit, Dubai, was a truly dynamic and diverse event that left a positive impression, making me inclined to attend again.”

Sandeep Nailwal, Co-Founder, Polygon Labs, expressed, “The experience was good. It’s good to meet the community, builders with new ideas. That’s my purpose of coming to these events.”

The summit will unite over 2,000 decision-makers in the web3 space and showcase the regional finale of the Startup World Cup, orchestrated by the globally acclaimed U.S.-based venture capital firm, Pegasus Ventures. This unique event also provides the winner with the exceptional opportunity to present at the global finals hosted in San Francisco, with a chance to secure a substantial US$1 million in funding.

“Dubai stands as a global innovation and technology hub, at the forefront of adopting essential blockchain solutions that will drive global economy forward. The World Blockchain Summit is the perfect platform for top blockchain authorities and experts to share their insights and groundbreaking innovations, reshaping the very essence of the blockchain landscape,” notes Sharath Kumar, Director- Business Unit, Trescon.

Registration for the World Blockchain Summit Dubai is officially open! Seize the chance to secure your early bird tickets today and prepare to immerse yourself in one of the most thrilling blockchain and crypto events of the year. Don’t miss out!

About World Blockchain Summit (WBS)

World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.

WBS is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 28 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.

About Trescon 

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients.

To book your tickets, visit: https://www.worldblockchainsummit.com/dxb-apr-24#Ticket-booking-sections

For inquiries, Contact: comms@worldblockchainsummit.com 

For media inquiries and further information, please contact:
Shadi Dawi
Director, Public Relations & Partnerships – MENA
shadi@tresconglobal.com
+971 55 498 4989

Verofax facilitates Egyptian EU Export with CBAM Compliance and Lifecycle Assessment Solutions

  • Egyptian Businessmen’s Association (EBA) convenes export symposium on February 9

The Egyptian Businessmen’s Association (EBA) convened a symposium on February 9, chaired by Engineer Majd al-Din al-Manzalawi, Secretary-General and Chairman of the Association’s Industry and Scientific Research Committee, to address the challenges and opportunities presented by the Carbon Border Adjustment Mechanism (CBAM), a law governing manufacturing standards for Egyptian exporters.

The Egyptian Businessmen’s Association (EBA) convened to discuss the importance of technology in keeping factories compliant with export requirements of the EU.

The symposium invited Mr Wassim Merheby, CEO of Verofax and a technology and AI (artificial intelligence) expert, along with Dr. Hossam Ezz al-Din, Director General of the Industrial Pollution Control Program at the Ministry of Environment, and several heads of specialized committees, to focus on the urgent need for Egyptian exports to align with the green economy principles outlined in the CBAM law. 

The discussion emphasized the imperative for Egyptian exports to adhere to the green economy principles outlined in the CBAM law. Key topics included the integration of automated quality data, aggregated across supply chains to streamline compliance processes, access to finance opportunities with prominent European institutions, and enhancing industry performance to support a sustainable economy in Egypt.

Wassim Merheby of Verofax explains how Egyptian exporters could achieve greater profit and seize a greater share of the EU market through compliance with CBAM.

Merheby highlighted the timeline for compliance, noting that registration for the new EU export regulations system would commence on January 1, 2025, with full implementation scheduled for January 2026. Merheby urged Egyptian factories to adapt promptly to the new international legislation, to avoid export bans and hefty tariffs of up to 35%.

The symposium underscored the importance of automating the processes in exporting factories to efficiently meet carbon footprint standards, thereby enabling Egyptian exporters to provide high-quality and validated data. This automation is made possible through Verofax’s comprehensive Lifecycle Assessment Solution, which integrates over 130 systems, ensuring seamless verification of recycled goods, emission reductions, and quality data aggregation for exports to the EU.

Hossam Ezz El-Din, Director General of the Industrial Pollution Reduction Program at the Ministry of Environment, outlined the program’s objective to incentivize industries to adopt environmentally compliant and sustainable practices through finance packages of loans and grants, funded by the European Union.

El-Din elaborated on available financing programs, detailing two types of program: loans, and grants. The Central Bank of Egypt has directed these programs to local banks, including the Ibad program, valued at 135 million euros and expected to conclude by the end of the year. Additionally, a new program named Green, valued at 268 million euros, will commence in 2025, offering a grace period of one to two years and repayment over 5 years. This program also allows borrowing in foreign currency and repayment in Egyptian pounds.

The symposium concluded with a call for continued collaboration among government bodies, financing institutions, and industries to facilitate smooth transition towards environmentally compliant production practices, thereby ensuring Egypt’s competitiveness in international markets.

YouTube: https://youtu.be/i88vJzpjPsM
source: Symposium on Carbon Tax – Egyptian Businessmen’s Association discusses the importance of technology in factory compatibility with EU export requirements; Elmahrousa News, February 9th, 2024.

About Verofax
Verofax is a blockchain-enabled Asset Digitization & Traceability Solution provider, assisting various industries in automating data validation for EU commodity exporters, integrating a Lifecycle Assessment Solution that automates data aggregation across supply chains for seamless EU Carbon Border Compliance. Integrated with Microsoft IoT hub, validated on Azure Cloud, and in compliance with ISO 14064/14067. Our patented computer vision prevents double counting, and our digital passport on an immutable ledger enables validated data for smooth exports to the EU. Learn more about our automated Lifecycle Assessment Solution at www.verofax.com, or contact us at info@verofax.com.

About Egyptian Businessmen’s Association (EBA)
The Egyptian Businessmen’s Association (EBA) is a leading organization dedicated to advancing economic development, entrepreneurship, and sustainable business practices in Egypt. With a diverse membership representing various industries, the EBA catalyzes innovation, advocacy, and partnership-building to drive inclusive growth and prosperity. Visit www.eba.org.eg.

For media inquiries:
Wassim Merheby, CEO, Verofax
Email: info@verofax.com

Global AI Show 2024 Roaring Among Other Events in Dubai

As more speakers and attendees sign up for the grand Global AI Show 2024, the much-awaited event is waiting to explode its potential in April at Grand Hyatt Dubai.

Global AI Show 2024 is scheduled to be held at the luxurious Grand Hyatt Dubai from 16 to 17 April 2024, offering an exceptional opportunity to share ideas, uncover the potential of AI, and network in the ever-evolving AI sector. 

Organized by the popular blockchain consulting firm VAP Group, the event is gearing up to host a huge gathering of AI talents, industry leaders, innovators, experts, and even government authorities who will converge to build connections within the industry and discuss the impacts of AI and other emerging technologies on the future generation. 

The event will set the stage for a total of 7000 participants, 300 speakers, and over 3000 organizations from various countries who will come under one grand umbrella in the heart of the city of Dubai to create exceptional experiences through leadership sessions, networking, learning, knowledge sharing, project showcases, and panel discussions. 

Among the renowned speakers, the following visionaries have shown great interest in imparting AI-related knowledge and learning:

  • Dr. Salim Al-Shuaili, Director of AI & Advanced Technologies Projects Unit
  • Ali Abdulla Al Sadadi, Chief of Information Technology, Ministry of Oil and Environment – Bahrain
  • Rodger Werkhoven, Independent Creative Director of Open AI 
  • Valerie Hawley, Executive Director of SCAI
  • Dr. Duaa Abaoud, Advisor of MOMRAH 
  • Cris D. Tran, Chief Strategy Officer of WoW AI
  • Chandra Khatri, Head of AI of Ola Krutrim

Participants who attend the Global AI Show will get to navigate through the dynamism of AI technologies and get a glimpse into its future. The event will also foster networking opportunities that will begin right from day one and continue until the final event, the exclusive after-party. VAP Group has also chosen an exquisite location for the after-party event on the popular White Beach Dubai with a breathtaking view and a chic outdoor setting. 

Apart from attendees, organizations will also get a platform to foster partnerships and collaborations on AI projects, learn from industry leaders about AI’s practical applications, and hone skills while navigating the AI-powered landscape. 

With the expertise of the GAIS speakers, participants can gather valuable and unique knowledge and build perspective about the technology, ensuring everyone has useful experience from the Global AI Show. 

The 2-day event aims to reduce the gap between the virtual and the real world by facilitating knowledge sharing, showcasing real-world AI-based applications, and bringing together thought leaders, professionals, and experts in the AI industry. 

The event will have forward-thinking professionals, industry titans, and trailblazing start-ups who will participate in engaging discussions, hands-on workshops, and keynote presentations to make the event a catalytic element in the world of AI. 

About Global AI Show

VAP Group is thrilled to unveil the Global AI Show, an electrifying convergence of pioneering minds and cutting-edge advancements in Artificial Intelligence. This groundbreaking event is poised to set new benchmarks, fuel innovation, and redefine the trajectory of AI on a global scale. Mark your calendars for 16th -17th April 2024 to experience the convergence of industry titans, trailblazing startups, and forward-thinking experts at Grand Hyatt, Dubai. From illuminating keynote presentations to riveting panel discussions, the Global AI Show curated by VAP Group will immerse attendees in the forefront of AI’s transformative potential. This is not just a conference; it’s a catalyst for change. With a spotlight on breakthrough technologies, disruptive concepts, and actionable insights, the Global AI Show is a testament to VAP Group’s commitment to shaping the future of AI.

Don’t miss your chance to be part of history in the making. Secure your spot today and join us at the forefront of the AI revolution.

To book tickets: https://www.globalaishow.com/tickets/. 

For media inquiries, exclusive interviews, or press passes, please reach out to:
Nupur Aswani
Director – Media & PR, VAP Group
7874711416 | nupuraswani@vapgroup.co 

Fideum: Bridging Traditional Finance and Web3; Partnership with Mastercard Announced

In the rapidly evolving landscape of financial technology, Fideum emerges as a pioneering force, dedicated to bridging the gap between traditional finance and blockchain technology. Through its strategic partnership with Mastercard, Fideum underscores its mission to revolutionize digital finance, making it more accessible, secure, and efficient for users worldwide. The introduction of the Fideum token stands at the forefront of this transformation, embodying the essence of digital finance innovation.

Strategic Partnership with Mastercard

The collaboration between Fideum and Mastercard marks a significant milestone in the financial industry, setting a new standard for the integration of traditional and digital finance. This partnership leverages Mastercard’s global reach and Fideum’s blockchain expertise to enhance the financial infrastructure, offering unparalleled services to both retail and institutional clients. The alliance not only amplifies Fideum’s offerings but also reinforces its position as a leader in the digital finance space, promising a future where financial transactions are more inclusive, efficient, and secure. As the overall winner of the Mastercard Lighthouse Finitiv, the company is set to expand its presence across the Mastercard Ecosystem.

Fideum Token: Powering the Platform

At the heart of Fideum’s ecosystem lies the Fideum token, a digital asset designed to power and facilitate the platform’s diverse services. The token’s integration into Fideum’s infrastructure enables users to engage in a variety of transactions and services seamlessly, from payments to investments. It not only serves as a utility token but also plays a critical role in ensuring the liquidity and stability of digital asset exchanges within the platform. The Fideum token is a testament to the company’s commitment to providing a comprehensive and user-friendly digital asset experience.

https://youtube.com/watch?v=0XlOZVfhRbM

Fideum Available for Download
App Store: https://apps.apple.com/us/app/blockbank-v2/id1592298073
Google Play: https://play.google.com/store/apps/details?id=ai.blockbank.bbexpoapp&hl=en_AU&gl=US

Comprehensive Digital Finance Solutions

Fideum’s suite of digital finance solutions encompasses B2C, B2B, and B2B2C offerings, tailored to meet the complex needs of today’s financial ecosystem. From microservice architecture that enhances operational efficiency to customized institutional solutions and innovative user engagement tools, Fideum is equipped to cater to a wide array of financial requirements. These solutions underscore Fideum’s versatility and its ability to adapt to the diverse needs of its clientele, setting a new benchmark for excellence in digital finance services.

Decentralized Finance (DeFi) Realized

Experience financial freedom with our revolutionary decentralized, anonymous, and non-custodial multi-currency wallet. Securely store and manage your digital assets across various chains such as ETH, BSC, Avalanche, and Polygon. Take control of your financial future with the cutting-edge technology of our wallet.


Achievements and Market Impact

Fideum’s journey is marked by significant achievements, including acquiring global licenses, forging strategic partnerships, and witnessing exponential user base growth. The company’s success in the Mastercard Lighthouse program underscores its influential position in the market and its potential to shape the future of finance. These accomplishments are a testament to Fideum’s excellence, resilience, and impact on the digital finance arena that covers a full range of compliance features built into the application.

Looking ahead

Fideum is committed to transforming the global financial landscape through the continued integration of blockchain and digital assets. Plans to enhance the app experience, launch Fideum.com for institutional services, and expand the token ecosystem highlight Fideum’s forward-thinking approach and dedication to innovation. The vision is clear: to establish a financial environment where digital assets are as ubiquitous and easy to use as traditional currencies.

Fideum stands at the vanguard of fintech innovation, driven by a dedication to security, compliance, and user empowerment. As the company continues to lead the charge in redefining financial services for the digital age, it invites stakeholders to join in its journey toward creating a more inclusive and efficient financial ecosystem.

About Fideum

Since its inception in 2018, Fideum has consistently spearheaded innovative financial management strategies, continually refining and enhancing its platform to meet the ever-evolving needs of its dynamic user base. The most recent iteration of the platform is a testament to this commitment, presenting new security protocols via our partnership with Fireblocks while expanding trading functionalities across an array of networks such as Ethereum, Binance, Tron, Cardano, and Avalanche.

Fideum’s user-centric design facilitates effortless access and administration of diverse asset types, establishing it as the preferred choice for progressive investors.  Fideum’s mission is to equip its users with the most current and revolutionary financial utilities and services. This is realized by intentional cultivation of collaborations with pioneering crypto projects. Through these strategic alliances, Fideum remains a step ahead in the burgeoning digital currency landscape, thereby offering its users access to leading-edge financial solutions. Alongside a user-friendly interface and a secure asset management platform, Fideum’s emphasis on fostering robust partnerships is a fundamental aspect of our pledge to provide an unrivaled user experience.  

Fideum represents sophistication in simplicity. Its robust ecosystem, perfectly complemented by an intuitive interface, accommodates both seasoned and novice investors seeking to develop and control their financial assets. Fideum serves as the essential instrument for modern investors aiming to steer their financial assets effectively.

Web: https://blockbank.ai/
Coinmarketcap: https://coinmarketcap.com/currencies/fideum/
Contract Address: 0x1294f4183763743c7c9519Bec51773fb3aCD78FD
Discord: https://discord.gg/KHrtbaqxQv
Telegram: https://t.me/BlockBankApp
X: https://twitter.com/BlockBankApp
Facebook: https://www.facebook.com/blockbank
Linkedin: https://www.linkedin.com/company/blockbankapp/
YouTube: https://www.youtube.com/channel/UC9OwNLa0vkHIRO77fPqAAJg

For more information, contact Zephyr@platodata.io.