Polkadex OÜ: Fractal, Kilt Protocol and Polkadex Collaborate to Provide Decentralized Kyc Solution for Exchange
Initiative Will Build Upon Fractal s Growing Base of 140,000 Users
BERLIN, GERMANY and TALLINN, ESTONIA / ACCESSWIRE / January 28, 2021 / Fractal, KILT Protocol and Polkadex today announced a partnership to create a decentralized KYC system for exchange customers. Polkadex and Fractal will use the KILT Protocol as the underlying infrastructure for managing the KYC credentials required by Polkadex, to simplify and streamline the onboarding experience.
KILT Protocol will integrate Fractal s user-centric KYC/AML platform, which is built for compliance with global, regulated industries. BOTLabs GmbH (the company behind KILT Protocol) will provide a wallet as a browser extension for customers to hold their credentials, and make the wallet available to Polkadex for verification. Fractal and Polkadex will integrate KILT s SDK to build out the platform.