Blockchain Platform Embraces Onfido Onboarding

“In order to streamline the customer onboarding process, the company will leverage Onfido’s remote authentication technology, which uses facial recognition and document reading to match an end user’s selfie image to the official identity documents they present.”

Onfido‘s biometric and document reading technology has once again been embraced by a cryptocurrency specialist for customer onboarding.

The client in question, WORBLI, is a Singapore-based firm that offers an eponymous financial services platform based on blockchain accounting, and designed to connect end users with cryptocurrency exchanges and other financial services such as insurance and loan services. In order to streamline the customer onboarding process, the company will leverage Onfido’s remote authentication technology, which uses facial recognition and document reading to match an end user’s selfie image to the official identity documents they present.

In a statement announcing the partnership, WORBLI CEO Domenic Thomas explained, “Being a compliant financial framework, we require the highest standard. Onfido is diligent with all data, and they’re big on GDPR and other regulations, which is vital for our requirements.”

Thomas added that his firm has “already begun the process” of integrating Onfido authentication into the WORBLI platform.

The news comes after the Bitstamp cryptocurrency exchange embraced Onfido onboarding earlier this year, with Onfido also having announced more recent integrations with companies outside of the cryptocurrency space, including Volopa and Indiegogo.