Based on the in house designed Vguard Protocol, KYCbench has developed a GUI friendly and cryptographically secure KYC platform to verify sensitive KYC data for ICO whitelists and non blockchain enterprises wanting to improve on their existing regulatory compliant KYC processing procedures.

KYCbench is built to fulfil the requirements of the GDPR and to comply to ISO27001 in handling and storing personal data for ICO whitelisting. For non blockchain related companies where other regulatory requirements apply, KYCbench works with each client to establish a tailored and customized solution which would allow their own KYC processing requirements to be applied with a state of the art KYC processing platform.

The project was launched to solve a number of problems. The majority of ICOs currently exist in unregulated obscurity. In the past, ICOs have collected personal data in breach of regulatory requirements. ICO teams could inadvertently be exposed to legal liabilities of 20,000,000 EURO’s and potentially even criminal proceedings for processing KYC/AML data not in accordance with ALL the requirements of the GDPR.

On the other hand, investors/end users, may find the process of continually being requested to submit their KYC information to prospective ICO investments bothersome, and also a risky practice.
KYCbench’s solution is to safeguard investors most valuable asset in the 21st century; their personal data. By utilizing the highest standards in processing KYC/AML data, KYCbench seeks to ensure data integrity, security and privacy of data in compliance with the GDPR and ISO27001.

The KYCbench KYC processing solution, simplifies the KYC verification process for individuals and ICO organizers and provides tailored KYC/AML solutions for any enterprise which demands KYC to be conducted in a secure and effective manner whilst complying to international and industry specific regulatory standards.

Read more at: https://www.kycbench.com/kycbench-ti...caml-solution/

KYCbench, your reliable KYC partner
www.kycbench.com
GDPR & ISO/IEC 27001:2013 compliant
Please contact KYCbench today, the most reliable ID verification processor at: contact@kycbench.com
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