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on BEX Mauritius Block Exchange

BEX Enhances Digital Identity Verification with WebID Integration

BEX Mauritius Block Exchange (BEX) has announced a collaboration with WebID Solutions to integrate digital identity verification technology into its security token platform. This move aims to streamline customer onboarding and bolster fraud prevention, while ensuring compliance with know-your-customer (KYC) regulations.

WebID Solutions, a certified German leader in digital identity verification, will facilitate smoother onboarding for BEX users by reducing manual verification steps. Its technology accepts identity documents from 181 countries, enhancing BEX's operational efficiency as it expands globally.

According to Fabian Kippenberg, CEO of BEX, this integration combines a simple user experience with robust verification, supporting BEX's strategy of merging regulated financial infrastructure with modern blockchain technology.

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