CloudMoolah Announces Partnership with VeriME

3 min readFeb 27, 2018

CloudMoolah is pleased to announce its strategic partnership with VeriME, a decentralized Verification-as-a-Service (VaaS) platform operating on blockchain that uses biometric technologies and machine learning tools to identify and authenticate the purchase of goods and services.

This partnership aims to combine the power of VeriME’s D-KYC and D-SECURE verification & Payment Authentication technologies with Cloud Alliance’s gaming app distribution, payment and marketplace ecosystem.

VeriME: World’s First Blockchain-based Digital Identity Verification

VeriME is designed to solve the identity verification challenges faced by companies in the internet-era. It seeks to address verification issues that is prevalent due to outdated KYC process and insecure multi-factor authentication system.

Using the blockchain technology and machine learning tools, VeriME’s D-KYC and D-SECURE solutions do away with the need to transmit confidential or sensitive information such as PCI DSS (Payment Card Industry Data Security Standards) and PII (Personally Identifiable Information) data during the KYC and authentication processes. VeriME protects its partners and ensures their compliance with local, in-country regulations such as the prohibition of transmission of confidential or sensitive information of an individual outside its boundaries (also known as Local Data Sovereignty and PDPA laws).

VeriME’s products are functional with major payment partners and more than 30,000 users. After nearly two years of successful research and development, and initiation of VeriME into practice, the VeriME Team is issuing the VME Token seeking to transform VeriME into a Blockchain Ecosystem.

MOO Token: Unlocking Global Game Payment and Distribution

MOO Token seeks to democratise the distribution and payment system for mobile games, giving more back to game developers and gamers through its flagship CloudMoolah payment system and MOO Store distribution and marketplace platform.

Together with its partners, CloudMoolah provides game developers access to more than 100 million gamers in Southeast Asia and more than 600,000 retail point-of-sales — all with a single integration that takes less than 10 minutes. Gamers will now be able to play more games at less cost — as MOO Token leverages on the blockchain technology to eliminate the middleman and channel costs — and have more say in the game development process.

To achieve what we set out to do, the security of CloudMoolah and MOO Store ecosystem is crucial, and it is essential for us to safeguard the integrity of our gaming ecosystem. That is why we work together with best-in-class partners to achieve the highest security standard for our system.

More Benefits for All

To CloudMoolah, the general criteria for a partnership are to not only improve the ecosystem, but also to create more values and opportunities for our communities.

With this collaboration, VeriME gains access into the fast-growing gaming industry vertical with millions of existing users and billions of transactions. Meanwhile, the innovative verification system powered by blockchain technology will strengthen Cloud Alliance’s ecosystem.

We are looking forward to all the great things ahead for both projects!

To learn more about VeriME visit: https://www.verime.mobi/ico

You can also find VeriME on the following social media channels:

Telegram: https://t.me/verimeico

Facebook: VeriMEDigital

Twitter: VeriME_mobi

Medium: verime

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Useful links:

Website: https://www.cloudmoolah.io

Facebook: https://www.facebook.com/cloudmoolah/

Twitter: https://twitter.com/Cloud_Moolah