ADAX Incorporates Blockpass’ KYC (Know Your Client) Verification Solution

FIAT Financial
Fiat Exchange
Published in
3 min readDec 29, 2019

A collaboration has been declared between Blockpass and ADAX. ADAX incorporates the Blockpass KYC Connect solution to give KYC administrations to its token issuance and trade platform.

Through incorporating Blockpass, ADAX will acquire KYC, AML and Face Match capacities that are uncomplicated, fast, and preserve the client’s security and control. All the same time, Blockpass also declared that in December they will release its local utility token PASS on ADAX and Basetrade and will give 400 PASS tokens to the initial 1000 clients of the ADAX platform who complete their KYC utilizing the Blockpass App. The said PASS will be dispersed inside the 24 hours window for clients who finished their KYC with ADAX utilizing Blockpass.

ADAX, the Asia Digital Asset Exchange, is a controlled trade for exchanging resource upheld tokens like digital securities, security tokens and utility tokens with an Overseas Virtual Currency Exchange (OVCE) License given by the Cagayan Economic Zone Authority (CEZA) in the Philippines. It is established by budgetary specialists acquainted with working in profoundly regulated markets and the advancement of blockchain solutions. It also offers a platform that is intended to empower access to new speculation openings with auxiliary market exchanging of digital securities. Its objective is to empower financial specialists and partnerships with circumstances that will achieve greater liquidity, reasonable assessment and more prominent transparency using blockchain innovation.

Blockpass is a digital identity app and administration which places the client in charge of their information. Blockpass offers one-click conformity access to finance-related administrations and other controlled businesses. Through the Blockpass Application, clients can make, store, and deal with a data-secured digital identity that can be utilized for a whole network of administrations or token purchases. PASS is a KYC-empowered ERC-20 token, utilized for executing in the Blockpass environment.

In the world of Crypto, finding the right people to do the job can be troublesome and difficult at best. This is why at FIAT Exchange, we offer an all-in-one service encompassing everything there is to launching a token offering, as well as ensuring that everything is safe and transparent with all of the legalities done first. As a pioneer in the consensus industry, we offer the tools to democratize access to finance and through our platform, investors, start-ups and established companies are able to find opportunities they otherwise never would have.

At FIAT Exchange, we have consultants to help innovative start-ups, promising businesses and even well-established corporations launch their own Initial Exchange Offering, Initial Coin Offering, Security Token Offering or Reverse Token Offering effectively, efficiently and successfully. As a constituting body, we act as partners and assist each and every project from compliance, fundraising, and to final listing in our Digital Marketplace.

While there already are other operating equity crowdfunding platforms in the European Union, we are the first to expand to become a broker-dealer and introduce to our investors an alternative Smart Securities layer, offering a secondary market where investors can trade their startup securities.

If you are an Investor looking to unlock access in the FIAT Exchange ecosystem and discover new investment opportunities or if you are an Entrepreneur looking to raise capital, we can definitely help! Please feel free to contact us: support@fiatxs.com

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