We’re pleased to announce that award-winning authentication provider, Keypasco, has achieved compliance with Tokeny’s Sustainable Initial Coin Offering Protocol (SICOP) and will be ready for an Initial Coin Offering (ICO) starting on 1st August, seeking to raise $25m.
Keypasco’s unique patented blockchain-based security solution helps secure all virtual property, past and future. Its solution solves the core challenge of blockchain private key storage and recovery without adding layers of complicated hardware technology. This makes the solution extremely secure, yet easy to use, enabling a backup and recovery process without any security risks.
The company has also been developing KeypascoID, a distributed Federated Single Sign-On Service (SSO) that provides hundreds of millions of end-users access to hundreds of millions of online service providers, both on blockchain and on the traditional Internet market. Additionally, Keypasco will provide a solution for micropayments by combining identification and cryptocurrency, allowing users to pay for things like media and content with cryptocurrency while remaining anonymous.
By achieving SICOP compliance, Keypasco has put everything in place for a successful and secure ICO via the trusted Tokeny platform. Compliance also confirms that the company will use blockchain in the right way, providing a safe and fair environment for the purchase of its tokens.
Speaking about the Tokeny platform, CEO and Founder of Keypasco, Maw-Tsong Lin, said:
“Tokeny gave us a good impression right from the start. We are a company with years of experience in security and authentication. It is important for us to co-operate with serious suppliers who share the same values as we do.”
“Tokeny provides a secure end-to-end platform that smoothly handles the sale and management of tokens during and after the ICO. Their platform makes us feel confident that Tokeny will handle the technical details of the sales process in the best possible way. Their bank grade KYC and SICOP is a necessity for us to have, and it feels reassuring to co-operate with the best solution on the market.”
The CEO of Tokeny, Luc Falempin added:
“We’re very excited to be working with an innovative company like Keypasco. Their solution will help solve one of the growing challenges within the world of blockchain, securing the future of digital assets. Their patented technology will also help millions of people worldwide take part in the sharing economy and paves a new path for the use of cryptocurrency in the digital market. Ultimately, this will benefit all of us for years to come.”
SICOP is a certification methodology to determine if an ICO is compliant to the standards of an ethical, fair, and transparent market. It is based on best practices taken from the IPO industry as well as consumer rights. It provides a self-regulating framework to the ICO industry.
The Luxembourg based fintech is the only company dedicated to providing a secure end-to-end platform allowing the sale and management of tokens during and after an ICO or STO.
The token sale platform allows a company to focus on its business concept, marketing, and all the other aspects of an ICO or STO without needing be concerned with any of the technical challenges. Tokeny’s solutions handle high volumes of contributors simultaneously, while also managing bank grade KYC (know your customer) compliance, as well as a fully-featured contributors’ portal and well-tested smart contracts.
The team behind Tokeny has decades of experience in delivering mission-critical global technology solutions. The team utilises this background to make the participation of any contributor in an ICO or STO transparent, accessible, and completely safe.
Since the launch in 2012, Keypasco’s award-winning solution has contributed to a paradigm shift within Internet security. Keypasco’s unique patented solution uses a revolutionary new technology for user authentication and provides security to online service providers and users.
By using the unique DeviceID on the end-user’s own device, like a smartphone, tablet or a desktop / laptop computer, we can make sure that a username and password only works on the right device and in the right location. To ensure a convenient user experience, the cutting-edge technology is working in the background to maintain the security behind the provider’s ordinary application interface.
The Keypasco Solution opens up for new innovative business models and enables the creation of new services. Today our products provide mobile security to millions of users across the world. Keypasco – Security By Your Own Device!