Enhancing Security and Compliance: Introducing KYC Verification with Blockpass for the WELT Gaming Ecosystem

FabweltToken
3 min readApr 21, 2024

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In our mission to continually improve the security, integrity, and user experience within the WELT gaming ecosystem, we will start with the integration of KYC (Know Your Customer) verification for all players on the WELT ecosystem through Blockpass. This collaboration is set to redefine how players redeem their earnings, combining security with convenience to ensure a seamless process. Through this initiative, we aim to uphold the highest standards of compliance and security for our community.

You can apply for KYC starting from today at: https://verify-with.blockpass.org/?clientId=fabwelt_studios_kyc_d0e0b

The full KYC will be mandatory from 1th of May 2024. After this date you can still play games on the WELT ecosystem, but redeeming your earnings will not be possible without a successful KYC procedure.

Understanding KYC and Its Importance

Know Your Customer (KYC) is a verification process widely adopted across financial institutions and, increasingly, within the digital and blockchain industries. KYC procedures are essential for preventing identity theft, financial fraud, money laundering, and terrorist financing. Implementing KYC with Blockpass not only fortifies the security of our platform but also ensures adherence to global regulatory standards, fostering a safer environment for all participants.

The Advantages of KYC Verification with Blockpass for Arsenal Players

  1. Unmatched Security: Leveraging Blockpass’s cutting-edge technology, the KYC process adds a robust layer of security, safeguarding your accounts and earnings against unauthorized access and fraudulent activities.
  2. Efficient and Streamlined Transactions: The integration with Blockpass streamlines the verification process, making the redemption of earnings faster and more efficient for our players.
  3. Global Compliance Made Easy: Partnering with Blockpass ensures that our platform remains in compliance with international regulations effortlessly, maintaining the trust and integrity of our ecosystem.

How to Complete KYC with Blockpass: A Step-by-Step Guide for Arsenal Players

  1. Begin the KYC Verification: Sign into your Arsenal account and head to the KYC verification area, powered by Blockpass.
  2. Upload Required Documents: Submit a government-issued ID and take a selfie for facial verification directly through the Blockpass interface. Additional documentation may be requested in certain cases.
  3. Rapid Verification Process: Blockpass will review your submission promptly. This efficient process aims to minimize wait times and streamline verification.
  4. Verification Completion: Once verified, you’ll receive a notification, and your account will be set to redeem your earnings securely through the KYC-compliant status.

Frequently Asked Questions

  • Q: Is undergoing KYC with Blockpass mandatory for all players?
  • A: Yes, to ensure a secure and compliant platform for everyone, completing KYC through Blockpass is required for all players wishing to redeem their earnings on any of our games.
  • Q: What makes Blockpass the choice for KYC verification?
  • A: Blockpass is a pioneer in digital identity verification, offering a quick, secure, and user-friendly process, ensuring that our platform adheres to the highest security and regulatory standards.
  • Q: How long will the KYC verification take?
  • A: Blockpass is designed for efficiency; the verification process is swift, typically concluding in a few minutes.

Conclusion

The integration of KYC verification through Blockpass marks a pivotal development in enhancing the security and regulatory compliance of the WELT gaming ecosystem. By completing the KYC process, you not only contribute to creating a safer platform but also enjoy a more streamlined experience when redeeming your earnings. We appreciate your cooperation and dedication to maintaining a secure, compliant, and enjoyable gaming community.

For any inquiries or assistance needed during the KYC process, our support team is eager to help. Together, we’re committed to providing a secure, engaging, and rewarding gaming environment for all.

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FabweltToken

Fabwelt is a a revolutionary concept that brings blockchain technology into the core of high-quality games of all types or genres. https://www.fabwelt.com/