Through Shufti Pro's KYC/AML solution, Casper Network validators can now apply to become full association members while ensuring the network remains fully transparent and compliant
ZUG, SWITZERLAND / ACCESSWIRE / December 10, 2021 / Casper Association, the not-for-profit entity that oversees the Casper Network - a core technology for the evolution of blockchain technology - today announces an integration with Shufti Pro, a globally acclaimed Know Your Customer (KYC), and Anti-Money Laundering (AML) service provider. The integration will enable Casper network validators, both individual and institutional, to meet compliance requirements and become full members of the Casper Association.
The Shufti Pro integration comes in an effort to open the ranks of the Casper Association up to loyal Casper network validators while maintaining decentralization and adhering to the highest level of regulatory compliance. This means all members must be clearly identified in a way that is transparent to the whole community while barring entry to malicious or anonymous parties. The goal is to give the public a high degree of trust in those who contribute to the development and upkeep of the Casper ecosystem.
Shufti Pro offers real-time KYC verification that authenticates identities in less than a second, assuring the mitigation of identity fraud. The AML solutions of Shufti Pro verify customers by screening them against PEPs (Politically Exposed Persons), sanction lists, and global watch lists. Thanks to AI and machine learning algorithms, the verification process can be easily integrated into the onboarding interface. KYC and AML solutions delivered by Shufti Pro assist businesses to reduce identity and financial fraud while maintaining compliance seamlessly.
Thanks to this level of compatibility and integrity, Shufti Pro is the perfect partner for bringing a new level of trust to The Casper Association and broader network.
Ralf Kubli, Board Member at Casper Association, said: "We're thrilled to be partnering with Shufti Pro because we know that this will give our community the confidence that Casper is doing everything in its power to bring enterprise blockchain solutions to industries and individuals alike - all while maintaining the trust and decentralization that makes this technology so powerful."
This new level of transparency stands to be attractive to businesses and individuals, whilst demonstrating Casper's underlining commitment to transparency and the philosophy of decentralization that ignited the blockchain movement.
Commenting on the partnership, Victor Fredung, CEO of Shufti Pro, said: "We pride ourselves on making global businesses more secure by delivering cost-effective and highly accurate ID verification services. Our AI-based KYC solution will enable The Casper Association to onboard Association Members within seconds, allowing them to meet regulatory requirements."
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For more information, please contact:
Leo Park
Cryptoland PR for Casper Association
[email protected]
Damien Martin
Marketing Executive | Shufti Pro
[email protected]
+44 1225290329
About Casper Association
The Casper Association is the nonprofit entity that oversees the ongoing evolution and decentralization of the Casper Network. It provides resources to help accelerate the adoption of Casper and its growing ecosystem of decentralized applications. To learn more, visit casper.network
About Shufti Pro
AI-powered digital identity verification solution provider, Shufti Pro, offers KYC, KYB, and AML services in 230+ countries and territories. The company provides solutions built on the principles of trust, authenticity, and transparency. Given the ability to verify 3000+ documents, Shufti Pro authenticates documents in 150+ languages with an accuracy rate of 98.67%. Through its AI-driven efficient verification services, the company aims to create a secure digital marketplace devoid of identity theft and other fraudulent activities. To learn more, visit: https://shuftipro.com/
SOURCE: Casper Association