{"id":213904,"date":"2024-03-16T02:55:14","date_gmt":"2024-03-16T02:55:14","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/16\/animoca-brands-partners-with-blockpass-to-enhance-web3-security-and-compliance\/"},"modified":"2025-06-25T17:20:32","modified_gmt":"2025-06-25T17:20:32","slug":"animoca-brands-partners-with-blockpass-to-enhance-web3-security-and-compliance","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/03\/16\/animoca-brands-partners-with-blockpass-to-enhance-web3-security-and-compliance\/","title":{"rendered":"Animoca Brands Partners with Blockpass to Enhance Web3 Security and Compliance"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<p>Animoca Brands aligns with Blockpass in a strategic partnership to bolster Web3 security, aiming to set new standards in user verification and regulatory compliance. <\/p>\n<div>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">Animoca Brands has announced a strategic partnership with Blockpass, a pioneer in compliant identity verification. This collaboration is set to enhance the safety and regulatory adherence of the emerging Web3 and metaverse ecosystems, leveraging Blockpass&#8217;s KYC\/AML SaaS solutions to benefit Animoca Brands and select portfolio companies.<\/span><\/span><\/p>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">As digital interactions and transactions become increasingly commonplace, the issue of user safety and security has escalated. The partnership addresses these concerns head-on by incorporating Blockpass\u2019s identity verification solutions, which are crucial in mitigating fraud risks and safeguarding users, especially in an era of sophisticated AI deepfakes and rampant identity fraud.<\/span><\/span><\/p>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">The strategic collaboration is particularly timely, considering the growing regulatory landscape for <a style=\"color:orange\" rel=\"nofollow noopener\" href=\"https:\/\/blockchain.news\/tag\/cryptocurrencies\" target=\"_blank\"><u><b><i><dfn data-info=\"The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Crypto...\">cryptocurrencies<\/dfn><\/i><\/b><\/u><\/a> and related technologies. By integrating Blockpass\u2019s KYC and AML requirements, Animoca Brands and its subsidiaries will be able to operate with greater confidence and compliance, a critical factor as scrutiny from regulatory bodies intensifies.<\/span><\/span><\/p>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">Moreover, the partnership promises to streamline the user onboarding process. Blockpass offers a reusable identity verification process that is both user-friendly and efficient, ensuring smooth access to Web3 services. This is instrumental in simplifying the user experience while adhering to necessary regulatory frameworks.<\/span><\/span><\/p>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">Blockpass, recognized as &#8220;Web3\u2019s OG identity verifier,&#8221; brings to the table an extensive suite of compliance tools designed to reduce onboarding costs, automate remediation, and protect against a range of security threats. The company boasts a network of around one million verified identity profiles and over a thousand businesses, thus facilitating instant onboarding and compliance.<\/span><\/span><\/p>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">Animoca Brands, on the other hand, is a global leader in gamification and blockchain, with a large portfolio of over 400 investments in Web3 projects. Its mission to advance digital property rights and build the open metaverse is well-served by the partnership, as it looks to develop and publish blockchain games and products based on global brands.<\/span><\/span><\/p>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">Yat Siu, co-founder and executive chairman of Animoca Brands, emphasized the alignment of the partnership with the company&#8217;s core philosophy of empowering builders who believe in Web3 and the open metaverse. Adam Vaziri, CEO of Blockpass, echoed these sentiments, highlighting the collaboration as a significant step in establishing trust and regulatory compliance in the metaverse.<\/span><\/span><\/p>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">This partnership marks a considerable milestone in the evolution of Web3 and the open metaverse, setting a precedent for prioritizing user safety, regulatory compliance, and user experience. As the decentralized world moves towards a more secure and inclusive future, industry observers will be keenly watching the outcomes of this strategic alliance.<\/span><\/span><\/p>\n<p><span style=\"font-family: arial;\"><span style=\"font-size: 16px;\">As the Web3 space evolves, this strategic partnership between Animoca Brands and Blockpass is poised to play a pivotal role in shaping a safer, more compliant, and user-friendly digital world.<\/span><\/span><\/p>\n<p><span><i>Image source: Shutterstock<\/i><\/span>\n                                <\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/blockchain.news\/news\/animoca-brands-partners-with-blockpass-to-enhance-web3-security-and-compliance\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Animoca Brands aligns with Blockpass in a strategic partnership to bolster Web3 security, aiming to set new standards in user verification and regulatory compliance.<\/p>\n","protected":false},"author":1,"featured_media":213905,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[171],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/213904"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=213904"}],"version-history":[{"count":2,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/213904\/revisions"}],"predecessor-version":[{"id":337198,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/213904\/revisions\/337198"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/213905"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=213904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=213904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=213904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}