Ontology, a new high-performance public blockchain project and a distributed trust collaboration platform, has selected 4STOP to perform Know Your Customer (KYC) on the Ontology trust ecosystem. The two parties will work together to provide digital identity services, further enriching Ontology’s trust ecosystem.

Empowered by Ontology Distributed Ledger Technology, 4STOP is to partake in Ontology’s trust system that integrates global certification sources to verify and authenticate people, assets, objects, and affairs. Ontology’s “real economy” strategy is to deliver robust and comprehensive multi-source identity portraits that enable stronger trust cooperation and efficiency to real-world use case scenarios.

In this cooperation, Ontology will utilize 4STOP to perform know your customer (KYC) compliance requirements, further ensuring that the blockchain industry continues to advocate trust as an emerging technology. 4STOP will provide necessary services that include validation, verification, and authentication of people.

Speaking on the cooperation, Ingo Ernst, CEO of 4STOP, said:

“With the ever-evolving adoption of blockchain technology, we are very excited to be part of Ontology’s innovative blockchain project by providing them with further KYC services to verify and authenticate personal data across the globe. Creating a mainstream, standardized, and easily accessible compliant and trusted infrastructure is something we are both passionate about, and we look forward to Ontology’s future developments”.

About 4Stop

4Stop, a leading fraud prevention provider solves businesses risk-based approach through a modern, all-in -one KYC, compliance and anti-fraud solution. Based in Germany and founded in 2016, 4Stop’s global compliance and risk management platform brings together their proprietary real-time anti-fraud technology with over 1800 active global premium data sources, in a single integration. 4Stop’s technology creates an unrivaled combination that allows businesses to confidently anticipate risk and are empowered to make well-informed decisions, backed by quantifiable data to manage regulatory obligations that will accelerate their business performance. 4Stop has been developed with a full understanding of compliance needs — locally and globally, today and in the future.

For more information, please visit https://4stop.com