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Kyckr develops corporate identity blockchain

13 September 2016  |  2405 views  |  0 Source: Kyckr

Kyckr is pleased to announce that it has completed phase one in the development of its corporate identity blockchain service.

This is being built using the Credits blockchain platform. Credits was recently awarded the first UK Government G-Cloud framework agreement for the supply of blockchain platform-as-a-service on the Digital Marketplace. The Credits platform is also used by the Isle of Man government.

This new capability will accompany Kyckr’s commercially proven automation model for KYB and is ready for the next phase of commercialisation. Our corporate identity blockchain solution will be a significantly more volumous per click business model than our automation model when it is running at scale. Its uniqueness stems from the same day, direct links to corporate identity sources, including over 150 business registers around the world.

Announcing the milestone, Kyckr’s Global Head of Innovation, Rob Leslie commented, “This is a very important day in the development of Kyckr’s service portfolio. Being able to provide authoritative corporate data that has been made immutable and secure through deployment on the Credits’ blockchain platform will open up many new opportunities in financial services, controlling supply chains and other regulated industry sectors”

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