KYC-Chain Solutions for ForgottenChain ICO

August 12th, 2022 - KYC-Chain partnered with ForgottenChain, a blockchain play-to-earn massively multiplayer online role-playing game.

ForgottenChain is a massively multiplayer online role-playing game (MMORPG) that is set in a player-driven mysterious fantasy universe utilizing the Binance smart chain (BSC) network.

The partnership allowed KYC-Chain to offer KYC solutions ForgottenChain with their regulatory compliant ICO. Using its state-of-the-art proprietary software KYC-Chain enabled ForgottenChain with the regulatory and compliance requirements for their ICO.

The KYC solutions enabled by KYC-Chain offer the following features:

• Streamlined corporate onboarding.
• KYC-Chain offers live API integrations to government databases with real-time data updates every 24 hours.
• This includes validation of company data for 139 different countries covering over 160m companies and data checks from over 10,000 data source points.
• Enables significantly reduced client-onboard times
• Algorithmic and anti-tampering validity checks provide a 40-point likeliness score to spot fake pictures and documents.
• Applicants can quickly and easily complete forms online and upload required enrollment documents.
• Create custom templates and define questions and documents needed for a specific process.
• Digitally approve or reject each application when all relevant processes are complete.
• Global sanctions and watchlists, politically exposed persons, and adverse media databases allow for the screening of users associated with criminal or prohibited activities in real-time.

About KYC-Chain

KYC-Chain provides state-of-the-art compliance solutions for businesses of all sizes, with a special focus on identity and customer onboarding. Since 2014, KYC-Chain’s proprietary software has helped service providers successfully process over 500,000 KYC applications in a cost-effective way. To learn more, please book a demo.

About ForgottenChain

ForgottenChain is a massively multiplayer online role-playing game (MMORPG) that is set in a player-driven mysterious fantasy universe utilizing the Binance smart chain (BSC) network. ForgottenChain allows players to transform their in-game progress into conventional currency by creating an active economy backed by their coin, FTC ( Forgotten Coin ). FTC can be earned by performing in-game activities or by owning a business offering services that players need to unlock.

Interested readers can learn more here.