Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Fintech startup Kyckr develops corporate identity blockchain solution

Kyckr Limited, a fintech firm with headquarters in Australia and Ireland, has announced the completion of phase one in the development of its corporate identity blockchain service.

The service is being built using the Credits blockchain platform. Credits, the blockchain infrastructure provider, 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 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”, Kyckr’s Global Head of Innovation, Rob Leslie said.

Kyckr said that this new capability will accompany its commercially proven automation model for KYB and is ready for the next phase of commercialisation. The corporate identity blockchain solution will be a significantly more voluminous per click business model than its automation model when it is running at scale. It added that the uniqueness stems from the same day, direct links to corporate identity sources, including over 150 business registers around the world.

In addition, the firm has also appointed two senior business development personnel – Edward Doyle, Regional Director for Europe, and Filip Verbeke, European Business Development Manager, Finance Magnates reported. Doyle is a fintech and regtech business leader with 15 years of experience, while Verbeke is an expert in anti money laundering, regulatory compliance and fraud prevention.

“The addition of Ed and Filip to the team is our first major step in strengthening our business development capabilities, critical for closing well qualified pipeline at hand. Both Filip and Ed also bring their own relationships and pipeline having successfully sold to most of our targets for many years”, David Cassidy, Kyckr’s Managing Director, said, as quoted by Finance Magnates.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

November 20 20:00 UTC Released

BRCAGED Net Payroll Jobs*

Actual

77 k

Forecast

Previous

77 k

November 20 13:00 UTC Released

RURetail Sales YY

Actual

3.0 %

Forecast

3.9 %

Previous

3.1 %

November 21 13:55 UTC 894894m

USRedbook MM

Actual

Forecast

Previous

-1.2 %

November 21 13:55 UTC 894894m

USRedbook YY

Actual

Forecast

Previous

2.3 %

November 22 12:00 UTC 22192219m

USMBA Mortgage Applications

Actual

Forecast

Previous

3.1 %

November 22 12:00 UTC 22192219m

USMortgage Market Index

Actual

Forecast

Previous

401.7 Bln EUR

November 22 13:30 UTC 23092309m

USJobless Claims 4-Wk Avg

Actual

Forecast

Previous

237.75 k

November 22 13:30 UTC 23092309m

USInitial Jobless Claims

Actual

Forecast

240 k

Previous

249 k

November 22 13:30 UTC 23092309m

USContinued Jobless Claims

Actual

Forecast

1.882 Mln

Previous

1.860 Mln

November 22 14:30 UTC 23692369m

BRForeign Exchange Flows*

Actual

Forecast

Previous

-3.412 Bln USD

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.