AllianceBlock and Aikon join forces to secure traditional finance user identities on the blockchain
This exciting integration is a giant step towards ensuring a seamless & secure blockchain user experience for traditional finance entities.
AllianceBlock is proud to announce a new working partnership with AIKON, a secure blockchain identity service that helps users easily and securely verify their identity when using supported services, while complying with data protection regulations like General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).
AllianceBlock is building the world’s first globally compliant decentralized capital market, helping to bridge the traditional economy with the developing world of decentralized finance (DeFi) with an open and accessible protocol. As part of this ambition, AllianceBlock is taking steps to ensure that anybody, regardless of knowledge, skill, wealth, or otherwise, is able to benefit from secure access to a state-of-the-art capital market, without having to jump through needless hoops to do so.
To this end, AllianceBlock has partnered with AIKON, a pioneer in the digital identity space, and the organization behind ORE ID — a single sign-on protocol that allows users of a variety of off-chain identity solutions (like Apple ID, Facebook, and Google) to easily sign in to and access a number of blockchain ecosystems, making decentralized technologies much more accessible.
As part of the partnership, AIKON will assist AllianceBlock with implementing ORE ID as a key part of AllianceBlock’s identity management system, and AIKON will join the AllianceBlock ecosystem as a preferred partner in the Identity & Privacy category. Once integrated, ORE ID will allow users to access AllianceBlock’s services in a single click, opening up investment opportunities to the masses.
AIKON CEO, Marc Blinder, said “we’ve been seeing a lot of demand to help bring the ease of use of Web 2.0 to the DeFi space. Our goal with this partnership is to make managing tokenized equity and tokenized assets as easy as using an app like Robinhood.”
AllianceBlock CEO, Rachid Ajaja, said “Following our successful token generation event, we are already seeing strong demand for a truly open financial system that allows member firms and ordinary users to seamlessly access all services provided in the traditional capital market without restrictions. Our partnership with AIKON represents a crucial step in closing the so-called ‘information gap’ by allowing anybody, regardless of credentials or knowledge to access our solution.”
AIKON, a San Francisco-based VC backed firm, was founded in 2018 with the goal of enabling the digital asset economy and empowering users from all over the globe. AIKON has developed the Open Rights Exchange (ORE) protocols to manage access to digital rights and access, and has been enabling mainstream blockchain adoption with its ORE ID secure identity service. With ORE ID, AIKON aims to foster a new era of secure identities that protects users and their data, powered by the blockchain.
AllianceBlock is building the first globally compliant decentralized capital market. Incubated by three of Europe’s most prestigious incubators: Station F, L39, and Kickstart Innovation in Zurich, and led by a heavily experienced team of ex-JP Morgan, Barclays, BNP Paribas, Goldman Sachs investment bankers, and quants, AllianceBlock is on the path to disrupt the $100 trillion securities market with its state-of-the-art and globally compliant decentralized capital market.
Incubated by the famous accelerators Station F and L39 (the largest European Fintech incubator) and 2019 Alumni in the famous Kickstart Innovation Program in Zurich AllianceBlock was one of the 12 VC-vetted fintech startups generating buzz at the Money20/20 conference in Amsterdam.
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