Ontology Blockchain Adopts 4Stop KYC Identity Authentication Service

Ontology Adopts 4stop For Its Identity Authentication Service

Ontology blockchain solution has partnered 4select for the identity authentication service of its platform. This was made known through a press release by the project’s team on the 27th September 2018.

Ontology Partnership With 4stop

A press release on the 27th of September by the Ontology team informs the blockchain tech space of a partnership between Ontology and 4stop.

Ontology is a public blockchain project and also a distributed collaboration platform. The partnership of these two firms will bring a new twist to the Know Your Customer (KYC) service on the blockchain. Also, the two bodies will be working towards providence of digital identity service which will be of immense benefit to the Ontology ecosystem.

Also, as aided by the Ontology distributed ledger technology, the Ontology trust system that integrates global certification sources to verify and authenticate, people, assets, object, and affairs, will feature 4stop.

Notably, the goal of the Ontology project is to offer a robust and comprehensive multi-source identity portrait that enhances better trust cooperation and efficiency to its real-world usage.

The new project will also aid the efficiency and trust of the Ontology blockchain project as an emerging technology. Also, the services that will be offered by 4stop includes validation, verification, and authentication of people, which is considered necessary for the appropriate function of the ontology ecosystem.

Ingo Ernst, the CEO of 4STOP, noted that with the ever-evolving adoption of blockchain technology, the firm is very excited to be a part of the Ontology innovative blockchain project, through providing the blockchain platform with KYC services for verifying and authenticating personal data across the universe. Ingo further stated that the firm aims towards creating a mainstream, standardized, and easily accessible compliant and trusted infrastructure which 4stop is also very passionate about and the firm looks forward to the future development.

4stop And Its Features

4stop is a fraud prevention provider service that utilizes a modern approach through all-in-one KYC, that is compliant and anti-fraud solutions.

The 4stop global compliance and risk management platform brings together the users of its real-time anti-fraud technology with over 1800 active comprehensive premium data sources through a single integration.

Furthermore, 4stops offers unrivaled technology that makes businesses confident amid risk and is equally empowered to make the well-informed decision. The firm is based in Germany and founded in 2016.