Blockpass and Animoca Brands have joined forces to enhance security and compliance in the web3 environment. This collaboration aims to improve identity verification processes and ensure a secure user experience in the rapidly evolving web3 and metaverse spaces.

The partnership leverages Blockpass’s KYC/AML software to address concerns such as AI deepfakes and identity theft, making online spaces safer for users. It also focuses on compliance with KYC and AML regulations in the crypto space, helping Animoca Brands and its portfolio companies navigate the regulatory landscape more confidently.

One key benefit of the partnership is the enhancement of user onboarding processes through Blockpass’s reusable digital identity solution, which simplifies access to various web3 services.

Animoca Brands, known for its blockchain-based games and collaborations with brands like MotoGP, Marvel, and Formula 1, advocates for digital property rights and play-to-earn economies. The partnership with Blockpass underscores a shared vision for a secure and equitable digital environment.

“One of Animoca Brands’ core philosophies has always been to support and empower mission-aligned builders who believe in the vision of Web3 and the open metaverse to usher in digital property rights for all…This strategic partnership will enable Blockpass to tap into the potential of Animoca Brands’ ecosystem while enhancing our user verification process.”

This partnership announcement follows Animoca Brands’ strategic expansions in the blockchain and gaming sectors. The company previously worked with Blockpass for NFT event verification services and collaborated on developing the first metaverse token on the Bitcoin network with Darewise Entertainment and Horizen Labs.

Additionally, Animoca Brands recently invested in Param Labs to further develop scalable web3 infrastructure and expand its ecosystem, which includes partnerships with over 50 intellectual properties.

For more information on staying safe in web3 and dapps security, check out our guide and stay updated on the latest news at Global Crypto News.

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