Proactive Investors - Run By Investors For Investors

Zichain partners up with compliance and verification firms to reinforce digital asset brokerage

The group has signed strategic partnerships with blockchain-focused compliance group BitGo and remote verification firm Sum & Substance
Zichain logo
Zichain said the partnership with Sum & Substance would streamline verification for its ZiChange platform, which allows users to buy cryptocurrency with fiat cash

Zichain has signed strategic partnership deals with BitGo and Sum & Substance, providers of compliance and verification solutions, to reinforce its digital asset brokerage platform.

The company said its partnership with BitGo, a Goldman Sachs-backed firm that provides security, compliance, and custodial solutions for blockchain-based currencies, would offer its users “an unprecedented level of protection” for their funds and personal data.

READ: Zichain announces initial exchange offering of ZCN tokens

Meanwhile, Sum & Substance, a developer of remote verification for know-your-client (KYC) and anti-money laundering solutions, would offer a quick and convenient KYC process taking between 15-30 minutes, making it easier for clients to start using its ZiChange platform, which allows users to buy cryptocurrency with fiat cash.

“At Zichain, we adhere to the highest quality standards while developing our products - and we expect the same attitude from our partners. We have chosen BitGo and Sum & Substance because they are the best at what they do - and we will settle for nothing but the best for our clients,” said Khachatur Gukasyan, Zichain’s chief executive.

Join Proactive’s Crypto, Blockchain and Cannabis Telegram group here
View full ZICH profile View Profile

Zichain Timeline

Related Articles

Bitcoin mining
Thu
Crypto mining is the process of using powerful computers to validate transactions on a decentralised ledger system known as a blockchain
Blockchain handshake
November 22 2018
The company styles itself as a “full-service technology commercialization company” specializing in enterprise software solutions, security token offerings, strategic portfolio investments and joint ventures

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use