SmartCard launches blockchain solution to create digital ID keys

SmartCard Marketing has launched a blockchain-based solution to create digital ID keys for financial institutions, merchants and individuals to transact and maintain compliance.

The company, a FinTech solutions provider to the global payments industry, has launched Granularchain.com.

The Digital ID KEY by SmartCard deliver a digital ecosystem for financial institutions, ICO’s and Ppyment processors to maintain compliance and allow customers and merchants the ability to be transparent, all the while, reducing the risk of fraud.

Its solution offers both merchants and customers the ability to select participating Financial institutions as well to transact with them.

SmartCard’s Granularchain.com is a methodical new approach to KYC and Privacy rules including the Cryptocurrency market with embedded Blockchain technology.

The new solution claims to be a Digital ID Key for all. Once signed up, all participants are issued unique credentials and can exchange information and enter into a transaction while vaulting the tokenized transactional data. All participants in Granularchain.com can use the key generator engine to issues unique keys for documents or initiate transactions with any 2nd or 3rd party. All keys and transactions including the participating vendors or merchants are vaulted securely.

SmartCard CEO Massimo Barone stated “We are excited by our entry into the Blockchain marketplace with a great unique product offering. The acceptance by the Financial Industry and Governments in most Countries has further accelerated the Cryptocurrency marketplace, creating a new alternative to Credit Cards, Cash, Checks & Points as forms of payments and redemption.

“We are positioning the company to be an Exchange network for all parties to securely transact with Digital ID Key’s and vaulting the transactions generated to maintain compliance and reduce fraud.”

SmartCard delivers a cloud-based EMV MPOS, EPOS Host platform to Issuing & Acquiring banks, telecoms & global enterprises. The company’s brands include; Genorocity.com, a coupon & incentive management platform with QR Code payments acceptance, Check21SAAS.com a Remote Check Deposit solution, Mtickets.events a mobile ticketing & events management solution, Emphasispay.com an alternative payment transaction gateway & Articul8te.com its most recent offering for Task & Content management publishing.

Copyright © 2018 RegTech Analyst

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