Blockchain LegalTech startup Agrello partners with online-id verifier Veriff

758
ADVERTISEMENTSToken Agency
Blockchain Partners
DNATix
Sportsfix ICO
Kinesis

Share with:


Agrello, a blockchain startup developing LegalTech solutions on the basis of smart-contracting technology, announced its partnership with facial recognition-based id verifier Veriff today.

advertisementToken Agency

Agrello develops a service package, allowing users to create, sign and execute digital agreements, secured and powered by blockchain technology. In order to generate sound, digital identities, which are necessary to render digital signatures legally-binding, Agrello formed a partnership with online-id verifier Veriff.

Veriff is an estonian company, utilizing advanced facial recognition software, video analysis and biometric data to verify user’s ID online. Veriff’s solution allows users to identify themselves in minutes by providing a short recording of themselves presenting their passport, id-card, or driver’s licence. Veriff then analyzes the short video, verifies the validity of the document, and compares it to a government-provided database. This way user’s identity is securely approved in a fraction of the time normally required for this process. Verriff’s solution is recognized as a valid form of identification by Estonian and European authorities, and is used by several banks as well as by Uber.

Building on Veriff’s solution, Agrello creates a cryptographically secured, blockchain-based ID, which Agrello-users can then use to identify themselves and sign contracts anywhere, without having to undergo additional Know Your Customer (KYC) procedures.

Relying on the newly formed partnership, Agrello will facilitate the LegalTech aspects of  the upcoming Blockhive token distribution event. The event will be structured as a peer-to-peer loan operation. This means that token-sale contributions, paid by participants will be considered loans to blockhive, which blockhive in their turn, will pay back to token holders.

The entailed loan agreement will be smart-contract-based, in accordance with the Agrello solution, while the KYC and identification process will be powered by the Agrello-Veriff partnership.

Agrello has recently concluded its own token distribution event, being one of the first tokenized startups to perform full KYC during their token sale.

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), partner at ICO services collective CryptoAsset Design Group ($500m+ and 50+ ICOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur.

He sits on the advisory boards of some two dozen Blockchain startups
and has written over 1500 articles on Blockchain technology and
startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat

Ad honorem - Honorary Ph.d - Chair Professor of Blockchain at
China's first Blockchain University in Nanchang at the Jiangxi Ahead
Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business
Automation 4.0 programme. Chevalier (Knight) - Ordre des Arts et des
Technologies at Crypto Chain University and on advisory board of Advisory Board Member of International Decentralized Association Of Cryptocurrency And Blockchain (IDABC) as well as Advisory Board Member at U.S. Blockchain Association.

Over a half a decade experience judging and rewarding some 1000+
innovation projects as an EU expert for the European Commission's SME
Instrument programme as a startup assessor and as a startup judge for
the UK government's Innovate UK division. Kastelein has spoken
(keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, San Mateo, San Francisco, Santa Clara, Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich

His network is global and extensive. He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe

He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.

A journalist by trade, an entrepreneur and adventurer at heart,
Kastelein's professional career has ranged from political publishing to
TV technology, boatbuilding to judging startups, skippering yachts to
marketing and more as he's travelled for nearly 30 years as a Canadian
expatriate living around the world

In his 20s, he sailed around the world on small yachts and wrote a
series of travel articles called, 'The Hitchhiker's Guide to the Seas'
travelling by hitching rides on yachts (1989) in major travel and
yachting publications. 

He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

Visit Website
View All Articles

More News

Facebook Comments

advertisement
  • Bitcoin
  • Ethereum
  • Litecoin
Scan to Donate Bitcoin to 1CtoLdp6pjDLG8rRR6woDdfmuQFAX9b8cb

Donate a few Bitcoin to this address if you find our articles useful!

Scan the QR code or copy the address below into your wallet to send some Bitcoin

Scan to Donate Ethereum to 0x16a5C78C0CBBA0703c6a620fD5772dd6a09227D0

Donate a few Ethereum to this address if you find our articles useful!

Scan the QR code or copy the address below into your wallet to send some Ethereum

Scan to Donate Litecoin to LQ6cHj6EKA5Leut5zHSChRgbtxtgLWm485

Donate a few Litecoin to this address if you find our articles useful!

Scan the QR code or copy the address below into your wallet to send some Litecoin


Token Agency
Blockchain Partners
Token Agency
Sportsfix ICO
Tymlez
Femergy
Kinesis

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.