Netki Collaborates with Polymath to Bring Identity Verification to Polymesh Blockchain

TORONTO, Aug. 26, 2021 /PRNewswire/ -- Los Angeles-based KYC-AML regulatory technology provider Netki is now working with blockchain technology provider Polymath to bring blockchain-specific identity verification to Polymesh, a permissioned blockchain purpose-built by Polymath for security tokens. Securities issuance and transfer requires a known identity, and Netki will assist the chain in meeting this need by providing Polymesh with a remote identity verification process purpose-built for blockchain. In addition to existing identity verification provider Fractal ID, users can complete the first layer of this identity check and onboard to Polymesh using Netki's identity verification process. In addition to providing a smooth onboarding experience for Polymesh users, Netki will also help facilitate greater diversity on the chain. About NetkiFounded in 2014, Los Angeles-based Netki is the only KYC-AML regulatory technology provider developing remote identity verification solutions purpose-built for blockchains.