KYC-Chain Join Hands with enVoy

November 12th, 2021 - We are excited to announce that KYC-Chain will be joining hands with enVoy.

enVoy offers sustainable DeFi, tokenized letters of credit, realtime x border payments, and tokenized documentation for the supply chain removing risk and creating trust for third-party trade on an end to end ESG and sustainable supply chain journey.

Through the partnership, KYC-Chain can enable enVoy with KYC (Know Your Client) & KYS (Know Your Supplier) solutions with the help of its state-of-the-art proprietary software and keep us ahead of the regulatory beyond as we build a more trusted tomorrow 

KYC-Chain's unique and state-of-the-art features help enhance enVoy’s product offering through:

• 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.

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 enVoy

enVoy is bringing global trade into the digital age of a sustainable industrial revolution and ESG certification. Using the R3 Corda network, the enVoy platform reduces the massive inefficiencies that currently strangle global trade, x border payments, and letters of credit whilst injecting essential and vital funding through an innovative financing model based on proven methodologies using its VOY token with X chain teleport to erc20 for added DeFi liquidity. enVoy lowers the cost of business for all parties through the effective use of digitisation and smart contracts and by significantly reducing counterparty risks. enVoy provides a platform where buyers can safely seek financing while improving governance and transparency for all participants. Through hyper-fast validation of transactions between entities that have been through full Anti-Money Laundering and Know Your Client protocols, enVoy delivers instant trust.

Interested readers can learn more here.