Diamante Blockchain and HypersignID Announce Strategic Partnership to Enhance Web3 Identity Verification
- Antwan Koss
- April 30, 2024
- Press Release
- 0 Comments
Abu Dhabi, UAE — April 30, 2024 — Diamante Blockchain, a pioneer in blockchain solutions, and Hypermine (Creators of HypersignID), innovators in identity verification technology, today announced a significant partnership to revolutionise the Web3 identity landscape. This collaboration leverages Diamante Blockchain’s expansive protocol, Diamante Net, alongside Hypersign’s robust identity verification system, HSKYC, to enhance security and user trust across digital platforms.
Under the recently signed Memorandum of Understanding, Diamante Blockchain will integrate Hypersign’s advanced KYC into its blockchain network. The partnership also includes a strategic exchange of resources, including a substantial allocation of DIAM tokens from Diamante Blockchain to support Hypersign’s project development within the Diamante ecosystem.
“Hypersign’s mission to secure digital identities aligns perfectly with our vision of a universally trusted blockchain infrastructure,” said Chirag Jetani, Co-Founder & COO at Diamante Blockchain. “This partnership will enhance our platform’s capabilities and extend our reach into critical areas of security and compliance essential for blockchain adoption globally.”
Irfan Khan, CEO of Hypermine, commented on the collaboration, stating, “KYC and compliance isn’t just a regulatory necessity; it’s the bedrock of trust and security in blockchain ecosystems. By partnering with Hypersign KYC, Diamante Blockchain reinforces its commitment to compliance, transparency, and the integrity of digital transactions, paving the way for sustainable growth and widespread adoption in the evolving landscape of decentralized finance.”
The partnership officially commenced with the signing of the MOU and will continue as both companies work towards a shared goal of creating a safer, more reliable digital world.
About Diamante Blockchain
Diamante Blockchain is committed to innovating with its protocol, Diamante Net, aiming to drive blockchain adoption globally. They focus on creating an inclusive, open-source environment that empowers developers and users, facilitating value creation and efficiency across borders. With a strong belief in community and collaboration, Diamante Blockchain strives to enhance the security and scalability of blockchain infrastructure, ensuring a sustainable and equitable digital future for all.
About Hypersign
Hypersign is a pioneering protocol revolutionizing digital identity and access management through Self-Sovereign Identity (SSI) principles. With a focus on empowering individuals, Hypersign enables full control over personal data and internet access. Leveraging advanced tools like KYC and AI-based ID verification, it offers a secure Verifiable Data Registry (VDR) for SSI-based applications. Developed on Cosmos-SDK and recognized by the W3C, the Hypersign Identity Network ensures seamless management of Verifiable Credentials and Decentralized Identifiers. With solutions like on-chain KYC and Proof-of-Personhood, Hypersign leads the way in privacy-centric, user-controlled digital identity.
Contact Information
Lalit Choudhary
Chief Marketing Officer – Diamante Blockchain
Irfan Khan
Chief Executive Officer – Hypermine
