Blockpass

Blockpass is a Regtech startup founded in 2017 with the slogan "Identity for a Connected World." The company is based in Hong Kong S.a.r. and has received a $125.00K Venture Round investment on 24 January 2024. Blockpass offers a self-sovereign Identity Portal for regulated industries and the Internet of Everything, leveraging Ethereum and smart contracts. It addresses the pressing need for identity solutions in the blockchain and cryptocurrency ecosystem, supporting shared regulatory and compliance services for humans, businesses, objects, and devices. As the blockchain and cryptocurrency sector experiences rapid growth, governments are increasingly mandating greater regulation and compliance, particularly focusing on strict know-your-customer (KYC) and anti-money-laundering (AML) requirements. Blockpass aims to streamline and expedite this process, which traditionally takes several days or weeks, leading to significant costs for the businesses. By providing a platform for secure identity verification, Blockpass anticipates addressing the industry's regulatory challenges efficiently. Blockpass' Regtech platform's ability to offer comprehensive regulatory and compliance solutions has the potential to play a pivotal role in the ongoing evolution of the blockchain and cryptocurrency sector, as well as the broader Internet of Everything. With their recent Venture Round investment, Blockpass has garnered attention for its innovative approach to address the regulatory complexities and compliance demands of the rapidly evolving digital landscape.