We are pleased to share that we are enabling a KYC on-boarding platform for another strong team, Invox Finance.

Invox Finance is a blockchain-based peer-to-peer invoice lending platform that brings decentralisation to the invoice financing industry and allows quick and effective connection among invoice buyers, sellers, and financiers sellers on the blockchain.

We will deploy a customized web app to conduct KYC to participants of their Token Sale, and provide identity and compliance services for sellers, buyers and investors that participate in their invoice lending platform.

As most of you already know, we have already enabled KYC platforms for successful fundraising events such as the decentralized exchange Airswap, which managed to raise more than USD 36M, the luxury goods and services decentralized marketplace Aditus, which raised USD 7M, the gaming platform HoToKen, which has already raised USD 20M, and Gatcoin, a retail reward platform that sold USD 14M worth of their native tokens, among others.

As the latest news confirm, cryptocurrencies and token sales are increasingly under regulatory scrutiny, and most of these projects are aware of the importance of carrying out KYC with the highest standards to avoid onboarding bad actors and the future legal drawbacks that may entail, which represents a great opportunity for our project.

We are positioning SelfKey as a market leader in this space, and the future looks promising: With the Identity Wallet and the Token Sales marketplace, we offer an all-in-one solution for users to safely and with certainty perform all required actions when participating in a Token Sale and companies to easily conduct compliant KYC processes. The feedback we are having from projects that are planning to carry out a Token Sale is extremely positive.

Not only Token Sales, we have seen an increasing interest in SelfKey of blockchain companies, such as Polymath and Invox Finance, that are realizing that there is no point in having a decentralized application if their users’ identities are still stored in centralized databases.

SelfKey brings a robust and easy-to-use decentralized identity solution for companies to conduct consistent and fully compliant KYC processes that respect users’ identity rights, guaranteeing the highest data security standards for identity owners.

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