Anonydoxx , A Decentralized Biometric Identification Company...| MENAFN.COM

Friday, 01 July 2022 07:35 GMT

Anonydoxx , A Decentralized Biometric Identification Company, To List On Bitmart Exchange


(MENAFN- TimesNewswire )

BitMart, a premier global digital asset trading platform, will list and debut AnonyDoxx on May 23, 2022. For all BitMart users, the ADXX/USDT trading pair will be officially available for trading at 06:00 AM EDT.



What is AnonyDoxx?

AnonyDoxx is the first DeFi Verification Protocol that enables security, automates talent management, and optimizes growth for business in reality. The metaverseIt employs proprietary advanced AI that incorporates pointed biometric data and background checks to verify individuals on a global scale. AnonyDoxx is able to seamlessly perform identity, background, and credential verification. The groundbreaking process, Vault Verification, can be utilized for KYC, Enhanced Due Diligence, Hiring, and to Prevent Fraud. The company has the goal of eliminating hiring and workplace bias through the unique and practical use of technology. The AnonyDoxx Artificial Intelligence Platform has been engineered from the ground up to enhance the human experience, allowing users to confidently present themselves while providing employers critical information on their engagement, sincerity, and identity. All information recorded on a blockchain in real time for efficient and consistent access.

Project's technical advantages

The AnonyDoxx flagship App, Project Snowball, is the first application dual designed to reduce inefficiencies and improve the vetting process for both corporate and decentralized end-users. Thus, it is designed to directly impact the quality of new projects within DeFi while simultaneously raising awareness and increasing the adoption of Web3.0 technology. A portion of proceeds from every corporate subscription will be used by AnonyDoxx, LLC to purchase the $ADXX token to merge the process further. They view this as a period of assimilation. They will continue to develop more entry points for corporations in future releases.

Project Vision

The Vault Verification process is designed to raise KYC standards within Decentralized Finance while lowering the start-up costs incurred by new projects. This is accomplished by a low touch, low latency process that utilizes proprietary Video AI to rapidly increase the number of checks completed while still maintaining the highest possible accuracy. AI will achieve a 99.97% accuracy rate in determining the identity of the user which minimizes a bad actor's capability of hiding their true identity. They incorporate government IDs, facial recognition, attestations, and video interviews (monitored by proprietary software) to establish a baseline of identification that will be reviewed by a core team member for accuracy. By including the human element of the review process after the data submission process, they are able to flag and remove bad actors. Both inaccuracy and cost-efficiency in KYC have plagued DeFi for years. The AnonyDoxx team designed this process to vastly reduce the amount of fraud in the market and lower the current“pay-to-play” nature of the space.

About BitMart

BitMart Exchange is a premier global digital assets trading platform with over 9 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap . BitMart currently offers 1000+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their We bsite , follow their Twitter , or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.

About AnonyDoxx

AnonyDoxx, LLC was founded in December of 2021 by brothers, Jordan Burglin and Jonah Burglin, as a tokenized extension of HireVise.com and PAVI.ai. AnonyDoxx is raising the standards in identification practices for both companies and DeFi participants. With seamless API integration, the Vault Verification process provides an efficient, accurate, and cost-effective solution for new project developers and corporations onboarding top talent alike. The groundbreaking process is one of the first applications dual designed for the corporate and individual end users that utilizes the communication and infallibility of blockchain technology in a practical manner. AnonyDoxx is the bridge between traditional corporate practices and DeFi. The company aims to increase institutional adoption by making blockchain simple and relatable. Long term, AnonyDoxx will use its technology to reduce and eliminate both hiring and workplace bias on a global scale.

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