VeriME to provide KYC and Identity services to Bettium ICO for Secure Onboarding
VeriME to provide KYC and Identity services to Bettium ICO for Secure Onboarding
Bettium, a decentralized analytical platform for P2P betting, has chosen VeriME — a blockchain based digital identity verification platform, to enable seamless and end-to-end KYC solution as part of their Token Generation Event.
The betting industry is plagued by a number of issues that hinder its development, with most of the issues being associated with centralized betting solutions, such as high fees, betting limits, withdrawal and deposit limits, technical and security problems, possibility of fraud and bet rigging. Bettium solves these problems by introducing a unique decentralized blockchain solution that will reduce transactional and betting fees to a bare minimum, introduce unprecedented levels of transparency and security. The platform will feature a built-in AI assistant with Big Data capabilities and a plethora of other features facilitated by smart contracts, such as social betting, bet mimicking, expert forecast subscriptions, trust account management and algorithmic betting.
Bettium chose VeriME’s KYC to onboard their ICO participants in a safe, transparent, and hassle-free manner. What clinched the deal for VeriME was their user-friendly KYC mechanism and the fact that the entire VeriME platform is PDPA complaint.
Speaking on this new partnership, Nathan Hunt, CEO — Bettium noted, “Conducting an ICO in 2018, when the crypto market is becoming more regulated than ever, makes it an absolute necessity to have the proper KYC/AML procedures in place to make sure that we can fully account for the funds we raise. This is why we are happy to engage VeriMe as our KYC provider during the ICO because they present a very efficient and modern solution, that is also easy to implement. ”
When asked to comment on the partnership with Bettium, the Co-Founder of VeriME, Binh Nguyen said, “VeriME is all about easing KYC procedures, and is not limited to the regular banking institutions. Close to our recently concluded partnerships with various blockchain based organizations such as PundiX, EBCoin & Safehaven etc., we have brought Bettium on board as one of our valuable partners. We’ve been looking into the niche being pioneered by Bettium and were delighted when a partnership between us was inked.”
About Bettium
Bettium is a unique ecosystem that has the potential to disrupt the betting industry. It provides a safe and transparent P2P betting solution as well as a powerful analytical platform to its users, powered by an AI assistant with Big Data analytical capabilities, that will level the playing field between pros and amateur bettors, allowing everyone to make educated decisions. In addition, the platform facilitates interactions between experts and other users via a smart contracts, allowing the former to mimic expert bets, create trust management accounts, subscribe to forecasts.
Telegram: https://t.me/bettium
Facebook: https://www.facebook.com/bettium/
Twitter: @BettiumCom
About VeriME
VeriME is a Singapore based Fintech Startup offering blockchain based digital identity verification service (VaaS — Verification as a Service) which ensures that the user authentication and verification process isn’t reliant on any third party acting as a mediator.
VeriME’s flagship products, D-KYC and D-SECURE, can be utilized by customers and merchants for efficient digital authentication. The customers can be at peace knowing that their information is not being recorded or transmitted during the verification process.
To learn more about VeriME and its updates visit: https://www.verime.mobi/
You can also find VeriME on the following social media channels:
Telegram: https://t.me/verimeico
Facebook: VeriMEDigital
Twitter: VeriME_mobi
Medium: https://medium.com/verime
