Gnosis Limited (Gnosis) has developed a conditional token standard allowing users to predict the outcome of multiple events and gain insight into their relationship. The partnership will benefit future users of Sight, a market prediction platform by Gnosis. Fractal’s identification solution will bring bank-grade compliant ‘Know Your Customer’ (KYC) and ‘Anti-Money Laundering (AML) capabilities to Sight’s operations.
Per McKinsey’s Digital Identification 2018 report, there are an estimated 4.4 billion people around the world who either do not have a legally recognised form of identification (ID) or do not have a digital trail, according to the official press release. Having good digital ID is highly beneficial, not only providing civic and social empowerment but also creating opportunities for financial inclusion.
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