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Blockchain

Tevau Partners with Jumio to Enhance Identity Verification and AML Compliance in Blockchain Payments

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The partnership between Tevau and Jumio is a significant development in the blockchain payment industry. This collaboration addresses the growing need for secure and efficient identity verification in the digital asset space, especially in light of increasing regulatory scrutiny. Here are some key aspects of the partnership:

1. Enhanced Onboarding Process: By integrating Jumio’s AI-driven identity verification solutions, Tevau aims to streamline its Know Your Customer (KYC) process. This will allow for faster and more secure onboarding of new users, reducing the potential for fraud and illicit activities.

2. Regulatory Compliance: Tevau’s acquisition of the Money Services Business (MSB) license in the US and the Trust or Company Service Provider (TCSP) license in Hong Kong reflects its commitment to adhering to financial regulations. This partnership with Jumio further strengthens its compliance posture, ensuring that the company meets anti-money laundering (AML) requirements effectively.

3. Convenient Digital Asset Use: The upcoming launch of Tevau’s physical and virtual cards, capable of converting digital assets to fiat currency seamlessly, illustrates the company’s dedication to making digital transactions more accessible for everyday use. This integration will allow users to transact without requiring merchants to adopt blockchain-specific payment solutions.

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4. Strategic Industry Positioning: Tevau’s collaboration with Jumio sets a precedent in the industry by prioritizing security and user experience. This move is likely to encourage other blockchain payment companies to enhance their compliance and security measures, potentially leading to broader adoption of blockchain-based payment solutions.

5. Future Implications: As digital assets gain traction in the financial ecosystem, partnerships like this one could pave the way for standardized practices in the blockchain payment sector. The emphasis on robust identity verification and compliance might also lead to increased trust among consumers and merchants, fostering a more secure and reliable environment for digital transactions.

The partnership between Tevau and Jumio signifies a crucial step towards addressing key challenges in the blockchain payment industry, particularly regarding security, compliance, and user experience. This strategic move is indicative of the industry’s maturation and its readiness to meet the evolving demands of the digital economy.

Source: citybuzz.co

The post Tevau Partners with Jumio to Enhance Identity Verification and AML Compliance in Blockchain Payments appeared first on HIPTHER Alerts.

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Blockchain

Everdome and Alpine Web3 Redefine Fan Engagement with Bold Metaverse Vision

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Alpine Web3 and Everdome are joining forces to push the boundaries of fan engagement through immersive digital experiences. Building on Alpine’s storied motorsport legacy, this partnership will bring fans closer to the action with metaverse pop-up spaces and interactive events.

As Alpine Web3 shifts its focus beyond motorsport, this collaboration aims to redefine sports marketing by merging the physical and digital worlds, offering fans a dynamic and innovative way to connect with their favorite teams and events.

Alpine is a brand with a long and successful history, founded in 1955 by Jean Rédélé and quickly building success across multiple motorsports disciplines. With titles across multiple motor racing disciplines such as the World Rally Championship, 24 Hours of Le Mans, success in F1® racing and the FIA WEC Endurance World Championship, Alpine has constantly innovated for success.

Now Alpine seeks to expand their innovation beyond motorsport, looking for ways to engage new audiences with experiential sports marketing as the real and digital worlds converge.

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This two-way partnership will see Everdome work on a variety of experiential Alpine focussed destinations, kicking off with a series of metaverse pop-up spaces for Alpine Web3, released to coincide with the major sporting events across their race calendar, from Formula One® and beyond.

Everdome will also create interactive events with Alpine Web3 and their partners, allowing global audiences to take one step closer to the action as we explore the future of sports fan engagement together.

Last year, Everdome and Alpine first collaborated with an exclusive metaverse AMA with their F1® driver Pierre Gasly and Binance Fan Token, creating an interactive event where the audience could join with their avatar-likenesses inside a unique environment, bringing them closer to their racing heroes inside a digital world.

“Experiential marketing is on the rise as audiences react positively to immersive, interactive experiences which bring a feeling of deeper involvement with their sporting teams and heroes.’’ said Artur Kaczmarczyk, Chief Growth Officer for Everdome. “This new partnership will explore a future of sports fan engagement, creating a series of activations across the motorsports racing calendar to let global Alpine fans feel closer to the team, drivers and brand.’’

Beginning with metaverse spaces highlighting images and videos from Alpine inside fully interactive, avatar-led digital environments, Everdome will go on to create a dedicated and permanent metaverse footprint for Alpine Racing inside their digital headquarters, showcasing their glorious history, exciting present and promising future.

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“This collaboration with Everdome underlines our commitment to constant innovation through leveraging the latest technology”, said Guillaume Vergnas, Head of Merchandising, Licensing, Esports & Web3 at Alpine. ‘’Motorsport has always been about passion, spectacle and interaction, and with Everdome we seek to allow audiences a taste of the spectacle in a novel digital world.’’

Everdome will introduce their large community of web3 followers and metaverse pioneers to Alpine’s exciting web3 ecosystem, paving the way for some exciting cross-project collaborations, activations and more across 2024 and beyond.

The post Everdome and Alpine Web3 Redefine Fan Engagement with Bold Metaverse Vision appeared first on HIPTHER Alerts.

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Blockchain

Blockchain Technology Market Size to Achieve USD 1,879.30 Billion by 2034

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Blockchain

Blockchain Technology in BFSI Market Is Expected To Reach a Revenue Of USD 258.2 Bn By 2033, at 46.0% CAGR: Dimension Market Research

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