AllianceBlock Partners With GBG, Closing Blockchain’s KYC Gaps, Bringing DeFi And Institutional…

AllianceBlock  

Netherlands — 29th April 2021 — AllianceBlock, the first globally compliant decentralized capital market, and GBG, the global specialist in identity data intelligence, have today announced a strategic partnership aiming to close KYC/AML gaps in the DeFi industry, bringing DeFi and institutional finance even closer together. The partnership will see GBG’s identity verification solutions integrated with AllianceBlock’s decentralized protocol. Following this, GBG will generate signed, anonymous, and reusable verification reports which AllianceBlock will store on chain. AllianceBlock will offer these reports to its clients and network participants through its Trustless KYC/AML and Identity Verification product, one of the eight products the firm is currently developing.