All you need to know in one place
The European Parliament has just passed a bill to tackle money laundering with crypto-currencies. For our part, we would like to remind that our mobile app is the first and one the few that features an unhosted crypto-wallet compliant with…
The much awaited Updated Guidance for a Risk-Based Approach for Virtual Assets and Virtual Asset Service Providers has been released. Fortunately, none of its changes impacts our current implementation of a blockchain integrating real-world IDs on layer 1: to the…
The Financial Action Task Force (FATF) published a Draft Guidance for a Risk-based Approach to Virtual Assets and VASPs on 19 March 2021. Some highlights are as follows: As we previously warned, many smart contracts will require identity as many…
In order to remotely onboard online, it’s necessary to read the chip of biometric identity documents and check the validity and authenticity of their certificates. Most online services only verify identity documents using image captures, but this is obviously easy…
As we prognosticated before (“On the Coming Crackdown on Cryptocurrencies without Identity”), there is a growing number of countries tightening their Know-Your-Customer regulations: China requires identity verification with National IDs for all blockchain users France will impose mandatory KYC for…
Now that our technology introduces the new capability of global airdrops (i.e., massive sending of crypto-currency/tokens to anyone in the world, this new feature not being available in other blockchains), some of you have already been asking for their practical…
The Financial Action Task Force (FATF) has published a 12-month review of the revised FATF standards on Virtual Assets and Virtual Asset Service Providers. Noteworthy statements from this review are as follows: 35 out of 54 reporting jurisdictions advised that…
On March 3, the World Health Organization (WHO) advised the use of contactless technology for payments instead of cash as paper money could be spreading the COVID-19 virus: people should wash their hands after handling cash because COVID-19 could be…
In June 2019, Apple announced at their Developers Conference that iOS 13 would support NFC Tag Reading for ePassports and contactless identity cards: in practice, this feature is only available for iPhone 7 or up, using iOS 13.1 or up.…
We have listened to your feedback and the mobile app has been updated: Multiple account support: an individual can hold multiple electronic passports and national identity cards. Transaction list: check what transactions have been made from each account. From the…