Know Your Customer (KYC)

Consumer Due Diligence at scale with variable sources of proof to determine the authenticity of any supply chain identity.

In an ever increasing global economy, brands and their supply chains are more vulnerable to illicit criminal activities and intellectual property theft than ever before. Know Your Customer (KYC) standards are designed to protect brands and their supply chain partners against fraud, corruption, money laundering and terrorist financing.

BlokTime KYC involves several steps to:

• Establish user identities accross the entire scope of the supply chain; an end user of a product has full visability and insight into the chain-of-custody of the asset purchased.

• Understand the nature of customers’ activities to qualify that all asset transactions and transfers are legitimate to include the source of funds used to purchase on BlokTime; and

• Assess money laundering risks associated with customers and high value transactions backed by digital assets and help identify assets that must be reported to regulatory agencies.

Brand (Trustee) Onboarding

Manufacturer & Supplier (Providers) Onboarding