Liquid Partners with Binance to Enhance Identity Verification with eKYC Solution in Japan

Liquid Inc., the corporate answerable for Japan’s widely known eKYC resolution “LIQUID eKYC,” announced a strategic partnership with Binance, the world’s largest cryptocurrency change by buying and selling quantity and customers, on August 10, 2023.

Within the preliminary section of this collaboration, Liquid’s id verification service, LIQUID eKYC, shall be supplied to Binance Japan. The service leverages top-in-class facial authentication by means of distinctive AI-based picture processing functionality, making certain clean id verification consistent with 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 sturdy KYC framework performs a crucial position in defending the platform, customers and neighborhood, and your 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 normal of security and compliance in Japan.”

LIQUID eKYC is famend for its low person drop-off charge, due to its superior facial recognition and ID doc picture recognition applied sciences. It has been carried out throughout varied industries, together with banks, cryptocurrency exchanges, Web3-related companies, telecommunications carriers, second-hand items patrons, the sharing economic system, relationship functions, and metaverse-related companies.

Hiroki Hasegawa, CEO of Liquid, expressed satisfaction with the collaboration, saying, “We’re happy to offer the required service that can permit 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 rapidly to adjustments in authorized and safety frameworks.

This partnership between Liquid and Binance signifies a major step in the 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 protected and controlled platform for its customers within the Japanese market.

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