Chye Kit’s interview with Nick Cowan, CEO of GBX

Jessica Ho
traceto.io
Published in
3 min readJun 25, 2018

Last Thursday, Nick Cowan, CEO of Gibraltar Blockchain Exchange (GBX) caught up with Chye Kit, CEO and founder of traceto.io. In this interview, Chye Kit highlighted some recent updates of traceto.io and these include various new partnerships, the milestones that we have achieved, as well as traceto.io’s Public Sale.

The importance of strategic partnerships for traceto.io

In the interview, Chye Kit mentioned the importance of establishing early partnerships. Usually, companies took the approach of engaging in partnerships only after finishing their ICO. However, traceto.io took a different approach — by exploring into many partnerships with known projects in the region and in other continents. Essentially, this provides a strong foundation for traceto.io, and supports the current foundation that we have built from the Cynopsis perspective in terms of client engagement as well as strategic partnerships. Strategic partnerships have indeed open more doors for traceto.io in different regions and continents. Within the blockchain and crypto community, we have become known for helping blockchain and crypto related business maintain the highest standard of KYC process and regulatory compliance.

One of the most recent strategic partnership is with Global Brain Blockchain Labs (GBBL). This partnership has allowed us to leverage on their broad connections in Japan, APAC, and the US. GB team also helps startups like traceto.io to enter the overseas markets by facilitating partnerships with major corporations in the region, and provide hands-on support in every aspect of growing the business.

Read more about our strategic partnership with Global Brain Blockchain Labs: https://medium.com/traceto-io/traceto-io-enters-into-strategic-partnership-with-global-brain-blockchain-labs-1f30fbf649ab

Check out our milestones on: https://medium.com/traceto-io/the-traceto-io-roadmap-2-0-7cfeeeb11351

Pre-Alpha Demo: Mercury

As mentioned by Chye Kit, we have recently shipped a Pre-Alpha version of traceto.io User Dapp — also known as Mercury. The User Dapp diagram below illustrates the user flow. The User Dapp allows the user to upload a profile and store this profile in a secure vault. The key pieces to open this vault are split using Shamir’s Secret Sharing Scheme and shared with verifiers. In order to retrieve these documents, verifiers must reach a quorum. We will be releasing an update to the Alpha version of our traceto.io User Dapp soon, do stay tuned!

For more information on our pre-alpha demo, Mercury: https://medium.com/traceto-io/mercury-rising-ef3e523badc3

Public Sale

traceto.io’s Public Sale will close on 30th June (2359 UTC). We are currently very close to our goal and tokens will be sold out soon. Do not miss the chance to participate, and be part of the next KYC revolution. We thank you all for the support thus far! Together, let’s build a new era of decentralised KYC experience.

For more information on our public sale updates, check out: https://grid.gbx.gi/

Click here for a guide to our sale on GBX: https://gbx.gi/docs/T2T-Token-Sale-Contribution-Guide.pdf

Chye Kit’s first interview with Nick Cowan, CEO of GBX, on their strategic partnership

Also, do check out Chye Kit’s first interview with Nick Cowan!

About traceto.io

traceto.io is a decentralised Know Your Customer (KYC) network that provides an inclusive KYC solution to cryptocurrency and blockchain product companies by fusing Smart Contract and Artificial Intelligence technologies. Leveraging on over 5 decades of experience in Compliance and RegTech, traceto.io’s vision is to bridge the gap between the real and virtual world KYC processes.

Telegram: https://t.me/tracetoio

Telegram Announcements Channel: https://t.me/tracetoannouncements

Website: https://traceto.io/

Twitter: https://twitter.com/tracetoio

Facebook: https://www.facebook.com/traceto.io/

LinkedIn: www.linkedin.com/company/traceto-io-pte-ltd/

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