November 14, 2022– Seoul, South Korea
ARGOS ID is happy to present the globe’s very first traveling policy service for crypto purses. The solution brings complete insurance coverage on validating unhosted purses, which VASPSs (digital property company) locate difficult in the existing phase.
Since the FATF assistance on validating the begetter and also recipient details on digital property purchases, recognizing the identifications of the crypto budget owners have actually been needed.
In order to adhere to the FATF’s assistance relating to unhosted purses, territories have actually begun using enforcement and also managerial actions to regional VASPs.
To territories seeking a streamlined traveling policy service, particularly for individual crypto purses, ARGOS ID plays an essential duty. ARGOS ID brings the complying with advantages to VASPs.
Easy link to unhosted purses
With ARGOS ID, crypto budget owners can quickly confirm the details of their several crypto purses. Developing a crypto budget is done without sending any type of individual details.
In order to confirm the owner of the crypto budget, it is needed to confirm the identification details of the budget owner. ARGOS ID assists with recognizing the unhosted budget individuals to both the begetter and also the recipient.
After the production of the ARGOS ID, individuals can attach to several crypto purses such as MetaMask, Phantom, WalletConnect and also much more, with simply a single identification confirmation procedure (KYC).
Digital ID appropriate for Internet 3.0 atmosphere
ARGOS ID gives an excellent atmosphere where people can take care of details on their own. It appropriates for the Internet 3.0 atmosphere as ARGOS ID individuals can make a decision which details to remove or modify after finishing crypto budget confirmation.
Details consists of SNS login, validated crypto budget and also images sent for ID and also selfie throughout the KYC. The proprietor of the budget can handle their individual details as ARGOS ID is a self-sovereign electronic ID.
Streamlined treatment for validating several individual purses
Attach several crypto purses with single KYC. The KYC procedure need to be finished after developing ARGOS ID.
Presently, ARGOS ID sustains 5 blockchain networks– Ethereum, Solana, Binance Smart Chain, Polygon and also Klaytn– and also even more will certainly be included the future.
Blog post developing ARGOS ID with social login, KYC is executed. As soon as KYC is finished, several crypto purses such as MetaMask, Phantom and also WalletConnect can obtain linked and also validated with ARGOS ID.
Online property purchases offered to the 3rd party
ARGOS ID allows digital property purchases be feasible for a 3rd party, which implies sending out the digital property to non-VASP consumers is additionally feasible. As an example, when a VASP client wants to send out digital properties to a 3rd party, an individual that is not a VASP client, ARGOS ID can additionally be used.
Crypto budget confirmation is offered with ARGOS ID to both VASP consumers and also non-customers. Once both crypto purses are validated, trading digital properties in between consumers and also non-customers ends up being feasible.
As both the sender’s crypto budget and also the receiver’s budget have actually been validated consisting of KYC, it is anticipated to relieve the hassle of countless digital property exchanges in the existing phase.
ARGOS ID is an electronic ID appropriate for the Internet 3.0 atmosphere. Apply ARGOS ID services to your solution as it sustains you in conference governing conformity on sending out and also obtaining digital properties.
Securely protect the needed sender’s and also receiver’s details with ARGOS ID. With easy API and also Internet SDK, obtain ARGOS ID in your solution– all set with no hold-up. Experience the easy, rapid and also simple assimilation.
Regarding ARGOS
ARGOS has actually begun business intending to offer smooth KYC. With the arrival of Internet 3.0 and also the increase in the crypto sector, ARGOS has actually broadened its service right into ARGOS ID. ARGOS ID focuses on supplying a traveling policy service for validating unhosted purses– make unhosted purses certified.
For more details, see the web links listed below.
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Get In Touch With
Jieun Lina Kim, advertising and marketing supervisor at ARGOS
