Belrium
Overview
Belrium is a cutting-edge blockchain platform that stands out for its exceptional Know Your Customer (KYC) compliance capabilities. In a world of evolving regulations, Belrium addresses the challenges faced by traditional KYC-based systems, which often suffer from complexities and lengthy customer onboarding processes. With Belrium, businesses can streamline and expedite their KYC procedures, ensuring efficient and secure customer verification. This blockchain solution revolutionizes the way businesses handle KYC compliance, offering a seamless and effective approach to meet the demands of modern regulatory requirements.
Scope of Work
Our scope of work for the Belrium project is to develop a robust and efficient solution that addresses the challenges posed by ever-increasing KYC compliance regulations. Our goal is to streamline the KYC-based processes for both institutions and their customers. We will focus on enhancing data management to eliminate inefficiencies and reduce data duplication, resulting in a more seamless and cost-effective process. By leveraging the capabilities of Belrium, our solution aims to revolutionize the KYC compliance process, providing institutions with a reliable and secure platform that ensures compliance while improving the overall customer experience.
Our Solution
Through our solution, we aimed to change the KYC compliance process, providing institutions with a reliable and secure platform that ensures compliance while improving the overall customer experience.
Our solution for the Belrium project involved developing a comprehensive and efficient platform to address the challenges of ever-increasing KYC compliance regulations. The key services and technologies we provided are as follows:
- KYC-Compliance Public Blockchain based on DPOS algorithm to ensure a secure and transparent KYC process.
- DPOS Smart Contracts to enable online contractual agreements in a cryptographically secure manner, ensuring the integrity of the KYC data.
- Developed CKVS to significantly reduce the time and effort required for each KYC process by using shared KYC information across multiple agencies.
- Designed and developed a central enabler app that communicates with a permissioned Hyperledger-based verifier platform and the public blockchain, facilitating secure document verification by private entities.
- Multiple Verifier Approval and Merchant Integration for enhanced verification processes and seamless integration with merchant systems.
- Intuitive Dashboard and Data Visualization to present KYC data in a user-friendly and visually appealing manner.
