Liquid Inc., the corporate answerable for Japan’s well known eKYC resolution “LIQUID eKYC,” introduced a strategic partnership with Binance, the world’s largest cryptocurrency alternate by buying and selling quantity and customers, on August 10, 2023.
Within the preliminary part of this collaboration, Liquid’s identification verification service, LIQUID eKYC, might be offered to Binance Japan. The service leverages top-in-class facial authentication by means of distinctive AI-based picture processing functionality, making certain clean identification verification according to the authorized and safety framework of every nation.
Takeshi Chino, Normal Supervisor for Japan at Binance, emphasised the significance of the partnership, stating, “Binance’s strong KYC framework performs a crucial function in defending the platform, customers and group, and the complete ecosystem from potential threats. We’re excited to launch our Japan platform in a completely compliant method with stringent and complete eKYC options enabled by Liquid. Binance will proceed to uphold a excessive customary of security and compliance in Japan.”
LIQUID eKYC is famend for its low person drop-off fee, because of its superior facial recognition and ID doc picture recognition applied sciences. It has been applied throughout numerous industries, together with banks, cryptocurrency exchanges, Web3-related companies, telecommunications carriers, second-hand items consumers, the sharing financial system, courting functions, and metaverse-related companies.
Hiroki Hasegawa, CEO of Liquid, expressed satisfaction with the collaboration, saying, “We’re happy to supply the mandatory service that can enable them to proceed serving extra customers in a safe and compliant method.”
Liquid goals to create a seamless world the place all 7.7 billion individuals can simply and safely use companies by means of automated and ubiquitous authentication. They provide Digital ID, KYC, and Authentication companies, adapting flexibly and shortly to modifications in authorized and safety frameworks.
This partnership between Liquid and Binance signifies a major step in direction of enhancing the safety and compliance of cryptocurrency exchanges in Japan. By integrating Liquid’s superior eKYC resolution, Binance reinforces its dedication to offering a secure and controlled platform for its customers within the Japanese market.
Picture supply: Shutterstock
