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ICOBox and KYC.LEGAL Join Forces to Streamline KYC Compliance

ICOBox and KYC.LEGAL Join Forces to Streamline KYC Compliance

Reading Time: 2 minutes by on November 8, 2017 ICO News

KYC.LEGAL signed up with ICOBox, the premier provider of fixed-price SaaS solutions for conducting ICOs, to conduct its token sale.

KYC.LEGAL is a platform that seeks to speed up and simplify the procedure of user verification for the purposes of meeting various legal requirements, such as verifying customers’ identity and age, which consumers have to fulfil to open a bank account or use many other sensitive services. In the US, these requirements are known as Know Your Customer, or KYC. To accomplish this, the team built an iOS/Android compatible application, through which customers can self-verify their identity even now. The project is getting ready to unveil the second part of the app, which will automatically match the customers looking for verification with their local independent agents who could provide such services.

KYC.LEGAL’s innovative solution will cut down on verification time from the current several days or even weeks to just about 30 minutes from the time of the user registration on the platform to the arrival of the verification agent. KYC.LEGAL will work with numerous specialized agencies to verify its agents and conduct an in-depth check of the customers.

Daniil Rausov, KYC.LEGAL Co-Founder, said: “We are thrilled to be working on our ICO with ICOBox. We believe that the service we are gearing up to offer is currently in high demand, as more and more companies enter the market that must comply with KYC regulations. We strive to remove the long wait times, uncertainty and frustration, and to provide another level of safety and security to all market players. We engaged ICOBox to help us perfect our ICO marketing, legal, and technology components to bring the much needed transformation to the KYC market.”

While ICOBox is lending the project its extensive knowledge of ICO technology, KYC.LEGAL is bringing to the table its ambitious product vision and clear understanding of KYC token structure and its benefits for token holders.

“The cryptocurrency market is evolving with lightning speed: We are watching things that couldn’t be imagined yesterday take the market by the storm today,” says Katrina Arden, KYC.LEGAL advisor. “With legal compliance very much on everyone’s mind, and considering that the process is far from easy or quick for consumers, I believe that the solution offered by KYC.LEGAL would be very much appreciated. I am also confident that with ICOBox’s expertise the project will be able to issue a versatile, secure, and high quality token.”

KYC token sale will kick off on December 1, 2017. The starting price per token is set at $1. For more information on the project please visit: https://kyc.legal/

 

Disclaimer: This is paid content. BTCManager does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as investment advice. BTCManager and its employes are not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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