• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news today, price & technical analysis
Price & Market
Cap Data from
Nomics Logo
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
  • BUY BITCOINTry
No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
  • BUY BITCOINTry
No Result
View All Result
NewsBTC
No Result
View All Result
Price & Market
Cap Data from
Nomics Logo

New ICOBox Feature Simplifies Token Purchase Process and Enhances Security for ICOs and Buyers

Guest Author by Guest Author
3 years ago
in Uncategorized
Reading Time: 2min read
ICOSID
Advertisement
Listen to Article

ICOBox, the world’s premier SaaS solution for companies wishing to conduct their ICOs, has launched an innovative feature, ICOSID, which makes the entire ICO process much easier for both potential token holders and the ICOs which uses ICOBox’s book building platform. Until now token holders building ICO portfolios were required to go through KYC/AML procedures each time they bought tokens in an ICO of interest. As well as the sheer hassle for potential token holders and concerns about potential data leaks, this was naturally a time-consuming and costly exercise for the ICO projects themselves. Core blockchain benefits of speed and security were effectively being undermined.

This is no longer the case, however, thanks to yet another feature added to the ICOBox book building platform, ICOSID – a single user ID verification and authorization tool. Now token buyers only have to complete the Know Your Client (KYC) and Anti-Money Laundering (AML) procedures once. After the user’s identity has been verified, the individual no longer has to register each time for an ICO project using ICOBox book building platform. Whitelisted with ICOSID, users need just a single email and login ID to buy the tokens of different ICOs. Moreover, their new status enables them to jump the line and instantly access waiting lists for new ICO projects.

At the same time, whitelisted users can rest assured about security issues and not worry about potential cyber attacks. In line with ICOBox’s underlying cores values of prioritizing the confidentiality and safety of all its customers, the ICOSID feature uses encryption of personal data in a secure cloud, and only grants access with the explicit permission of the customer. Once registered, customer profiles will be tagged as “verified”, “verification in process” or “unverified”. Moreover, the data on customer profiles are always up to date, thanks to ICOSID’s links with hundreds of registered databases and data sources extracting information each time an ID verification request is received.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

The security element is also important to ICO projects. A verified potential token buyer interested in their project is already compliant with the KYC/AML procedures in effect in 132 countries! So ICOs will no longer have to spend time and money on implementing the aforementioned compliance procedures and will be able instead to concentrate on offering the best quality of service to potential token buyers. As customers in general always expect the easiest possible purchasing process, it only makes sense for ICOs to use the ICOBox platform.

Commenting on ICOSID, ICOBox co-founder Nick Evdokimov noted: “We have always put the customer first and are constantly looking for ways to streamline the whole ICO process. We are delighted to be able to offer what we believe to be a truly one-stop platform for both potential token holders and ICO projects.”

While it would only be natural to expect full implementation of the new process to take time, once again ICOBox has defied the odds. Launched in late February 2018, completion of ICOSID mass integration is scheduled for mid-April, and resolution of all connection issues with third-party services is expected by the end of May.

Companies planning ICOs can find out more about the new revolutionary process at https://icosid.com/

TweetShare
Nexo Logo
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Win up to $1,000,000 in One Spin at CryptoSlots
Guest Author

Guest Author

Related Posts

Ethereum

Here’s the Key Demand Zone Ethereum Might Test Before Surging Higher

3 hours ago
Ethereum

Ethereum Could See an Explosive Move Higher Following Massive 20% Surge

1 day ago
bitcoin bear trend adx

Bear Trend Begins To Take Hold In Bitcoin For First Time Since October 2020

1 day ago
Bitcoin of America

Bitcoin of America is on the Rise: Expands to 600 plus ATMs

1 day ago
Bitcoin

Bitcoin Tests a Critical Resistance Following Overnight Rebound; What’s Next?

1 day ago
Finlaw Associates to Submit Draft Cryptocurrency Regulation to Indian Govt as Community Demands for Clarity, Mr. Mishra Explains

Finlaw Associates to Submit Draft Cryptocurrency Regulation to Indian Govt as Community Demands for Clarity, Mr. Mishra Explains

1 day ago

Premium Partners

Top Brokers

eToro

eToro

Review · Visit
Changelly

Changelly

Review · Visit
Evolve Markets

Evolve Markets

Review · Visit
ArbiSmart

ArbiSmart

Review · Visit
PrimeXBT

PrimeXBT

Review · Visit
Moneta Markets

Moneta Markets

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bonusfinder DE

Bonusfinder DE

Review · Visit
Bspin

Bspin

Review · Visit
Wolf Bet

Wolf Bet

Review · Visit

Top Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

Cryptowisser Releases Report on Exchanges With Lowest Fees

January 22, 2021

LABS Group Announced Strategic Partnership with Centifuge to Provide DeFi Collateralized Property Backed Lending

January 22, 2021

Jump-starting Crypto Adoption: Aurix IEO Scheduled for January 21st on ExMarkets!

January 22, 2021

Newsletter Signup


ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Auto Trading Software ▸

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2020 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Trade
  • Gamble +
  • Play Games
  • BUY BITCOIN

© 2020 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.