- AmaZix  announced its partnership with financial service  platform KABN (www.kabn.network)
- The latest in a series of  strategic alliances as alternative  finance edges ever closer towards  mainstream adoption and legitimacy
Hong Kong – March 21, 2019 – Blockchain advisory firm AmaZix is pleased to announce its partnership with financial service platform KABN (www.kabn.network).  This is the latest in a series of strategic alliances as alternative  finance edges ever closer towards mainstream adoption and legitimacy.
Writing the rulebook for blockchain-based identity management
Under
 the grim undertones of a struggling cryptocurrency market over the past
 18 months, the spectacular successes – and subsequent painful 
shortcomings – of blockchain-based, decentralized and tokenized 
crowdfunding models have brought several critical issues to the 
forefront.
Perhaps
 the most important to the typical investor has been the proof of 
identity and accreditation processes, which have been wildly 
inconsistent across different implementations, with little to no 
assurances to the investor that their personal information and 
identities are properly safeguarded and compliant with the new rules 
surrounding GDPR.
Now
 there is a simple solution that enables investors to complete this 
verification and accreditation process once, to access opportunities and
 remain compliant for any jurisdiction. KABN’s biometric identity and 
whitelist registry verifies KYC and AML data, sharing it with relevant 
counterparties while ensuring data and funds are never at risk.
Introducing KABN ID, the one-time verification process for a host of services including token offerings (US Patent pending).
Neo financial services, backed by blockchain validated biometric ID
KABN
 ID is only one of several components in the larger suite of KABN 
offerings, which aims to be the full-stack solution for digital assets, 
fiat transactions and payment methods, including
KABN’s
 prepaid crypto-linked Visa card and banking wallet. Users, investors 
and entrepreneurs will have a secure and easy-to-use platform to access,
 use and spend their digital assets through a crypto-to-fiat transfer 
process, while verifying biometric ID on the go, ensuring full 
compliance across a wide range of jurisdictions.
Ben Kessler, KABN CEO, said,
 “The overwhelming evidence justifies the need for closer scrutiny of 
processes and regulatory frameworks in token offerings, with the 
securitization of digital assets believed by many to be the natural 
progression for the space. It is a direction that AmaZix believes in and
 is working diligently towards, as demonstrated by their specialized 
advisory services and their partnership track record. We share their 
excitement and optimism for the industry’s future and look forward to 
collaborating.â€
KABN
 has also partnered with European e-money institution and Visa Principal
 Member Transact Payments Limited, as well as with global processor GPS 
and platform tech provider Pannovate to launch the Pegasus Flyte Visa 
card and Mobile Banking Wallet program in the UK, with plans to expand 
to the EEA in Q2 2019.
“Programmable
 regulatory compliance is a built -in feature with digital securities, 
ensuring the necessary KYC and AML processes are satisfied. But if STOs 
are to be the way forward, we have to analyze and consider the practical
 aspects of identity management on the blockchain, particularly with the
 growing debate surrounding privacy and the protection of personal data 
in the era of GDPR†said Jonas Karlberg, AmaZix CEO.
 He added, “And this is where we believe KABN’s solutions for token 
offering verification are technically appropriate for securing 
accreditation and will allow for responsible and compliant KYC 
processes. In addition, its neo financial services like its branded Visa
 prepaid card and banking wallet will give users an additional aspect 
that bridges the world of traditional and alternative finance, allowing 
them to use and spend crypto with more ease.â€
Curious about what AmaZix can do for you?
AmaZix
 seeks to become the leading provider of blockchain-related advisory and
 consulting across the globe, driving transformative change to the 
business paradigm through tokenization, blockchain technology and 
crowdfunding. We deliver a comprehensive suite of high-value 
professional services, focusing on innovative services, while continuing
 to build a team of top-tier talent.
Reach out to us on the following channels:
1.  Telegram: https://t.me/amazix
2.  Twitter: https://twitter.com/AmaZixOfficial
3.  Website: http://www.amazix.com/
4.  Facebook: https://www.facebook.com/AmaZixOfficial
5.  Reddit: https://www.reddit.com/r/AmaZixOfficial/
About KABN
KABN,
 an integrated financial service platform offering neo banking type 
solutions, has received approval by Visa to launch its crypto-linked 
card and banking wallet program. Branded the Pegasus Flyte Visa card, 
the KABN card program offers an “on/off ramp†conversion process for a 
variety of cryptocurrencies to fiat together with multi-currency fiat 
transactions. Cardholders will be able to use their Pegasus Flyte Visa 
cards to spend in-store, online, and at ATMs wherever Visa is accepted 
globally.
The
 Pegasus Flyte program will also offer a robust loyalty and customer 
engagement platform. The anchor of the program is KABN ID, a Blockchain 
and biometrically-based, “Always On†validation and verification 
process. This patent-pending, GDPR compliant process allows for 
efficient and frictionless customer acquisition and onboarding. To learn
 more, please visit: www.kabn.network