Librarycase studiesBlockchain Chooses Veriff for Identity Verification

Blockchain Chooses Veriff for Identity Verification

Blockchain uses Veriff to power its identity verification tiers to unlock products and services, including its recently launched cryptocurrency exchange "The PIT" and Airdrop Program, which gave Stellar Lumens (XLM) to millions of people.

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August 22, 2019
Case Study

Blockchain, a leading provider of cryptocurrency products and creator of the world’s most popular crypto wallet, chooses Veriff for online identity verification services. With Veriff’s technology, Blockchain accelerated the onboarding of millions of verified users and enhanced its fraud prevention controls since the start of 2019.

“Blockchain has always been committed to providing crypto users the tools they need to Be Their Own Bank,” says Xen Baynham-Herd, General Manager of the Blockchain Wallet. “As you create more sophisticated products to empower this mission, identity verification becomes vital to serving users with the best experience. Veriff’s technology is world-class, and they’ve been an even better partner.”

According to Veriff founder and CEO Kaarel Kotkas, it is an honor to join forces with a global leader like Blockchain and tackle online fraud together.

“It is a great compliment to Veriff’s team for Blockchain to choose us as a partner for identity verification services, especially as their highly professional team has been working with different verification service providers. Mere compliance verifications do not provide the same level service as Veriff,” says Kotkas. “Identity verification on a global scale is no easy feat, but through this partnership, we’ll continue to set and advance the standards for transparency and fraud protection in cryptocurrencies.”

Blockchain is connecting the world to the future of finance. Blockchain is one of the most trusted and fastest growing digital assets companies, helping millions across the globe – from individuals to the largest institutions – get easy and safe access to cryptocurrencies. Blockchain has raised over $70 million in funding from leading investors including Lightseed Venture Partners and Google Ventures. Board members include former Barclays CEO Antony Jenkins, Lightspeed Ventures Partner Jeremy Liew, and former Skype COO Michael Jackson.

Learn more about identity verification here.