Veratad and Blockchain-ID help users comply with privacy protection and KYC/AML standards

Veratad announced their partnership with U.K.-based Blockchain-ID Ltd to develop BlockchainIDme, an identity validation tool that integrates KYC and AML compliance solutions to be deployed on the Algorand blockchain. While most blockchain users favor the use of non-custodial wallets for their day-to-day use, regulatory bodies all over the world are developing new laws and regulations that will require changes to the way those non-custodial wallets can be used. Furthermore, one of the fundamental objectives of … More

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