Liquid Avatar App empowers individuals to verify, manage and control their digital identity and personal data through biometrically verified digital representations of themselves.
Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: Press Releases
Revolut to roll out QR code payments for business customers in 25 countries
AltFi | Aisling Finn | Feb 18, 2021
The fintech’s business customers will be able to take payments via QR codes, helping to maintain social distancing.
Taking one step closer to becoming a ‘financial super app’, Revolut is rolling out QR codes for its business customers.
From today, Revolut’s business customers across 25 countries will be able to take in-person, socially-distanced payments via a QR code.
The touch-free payment method allows for instant payments, with small business owners able to see if a payment has been successful right away.
For businesses interested in implementing this technology, they can generate their own QR codes.
Paulo Guichard, product owner for Acquiring at Revolut said: “The popularity of QR codes has increased as this payment method is quick, easy and allows people to make socially distanced payments which are increasingly important during the global pandemic.”
“We’ve removed the need for additional devices or hardware, as all business owners have to do is use their Revolut Business app and show customers a QR code to accept payments straight away through this efficient and touch-free method.”
See: QR Codes - the Tech that changed China is coming closer to home
Revolut Business customers can generate a QR code in the app which the customer can scan on their mobile phones from a safe distance.
The new feature will be rolled out to customers across Europe, including Croatia, Greece, Luxembourg, Slovakia, Slovenia and here in the UK too.
Revolut isn’t the first to introduce QR payments for its business customers.
Back in March 2020, ANNA Money, in collaboration with financial API provider TrueLayer, announced it would let its business customers settle payments using the method.
Similarly, messaging platform Whatsapp, which has extended its capabilities in several countries to include payments, allows customers in certain countries to pay using QR codes.
In China, the use of QR codes is far more popular, with social media platform WeChat launching WeChat Pay, which lets users pay via QR code, all the way back in 2013.
Continue to the full article --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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KABN North America Launches Liquid Avatar App in the Apple Store and Google Play
KABN | Cara Buckspan | Feb 18, 2021
Liquid Avatar App empowers individuals to verify, manage and control their digital identity and personal data through biometrically verified digital representations of themselves.
TORONTO, ON / ACCESSWIRE / February 18, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN)(OTC PINK:TRWRF)(FRA:4T51) (the "Company", "KABN North America" or "KABN NA") (www.kabnsystemsna.com), a North American Fintech solutions company specializing in empowering individuals to manage, control and generate value from their biometrically-verified Self Sovereign Identity ("SSI") through its Liquid Avatar (www.liquidavatar.com) platform, is pleased to announce that it has launched the first phase of its Liquid Avatar App in the Apple Store and Google Play.
Like search, online communications and browser usage, digital identity is addressable to up to 100% of the online market and is a very early-stage market opportunity, with the potential to reach up to 400 Million people in North America and over 5 Billion people online globally.
With more websites, services and platforms requiring users to provide personal details and identification to gain access, together with the changing regulatory landscape in California, Canada, Europe, Australia, and other countries, more reliance is being placed on the consumer to manage their online information, identity, and personal data.
See: Liquid Avatar Partners with The Campus Agency to Reach 2,000 US University and Colleges
Without the right tools, platforms, security and safety, the potential for increased identity fraud and other nefarious activities may continue to accelerate in the online marketplace. Liquid Avatar provides solutions for individuals to manage, control and create value from their digital identity and personal data allowing them to share what they want, when they want and with whom they want through cloud-based, biometrically enabled verifiable credentials, digital wallets, and other cryptographic services.
Liquid Avatar users are able to select from 1000's of combinations of facial features to create their perfect digital representations of themselves - all at no cost, and in the future, users will also be able to upload certain personalized images and logos to represent their avatars.
Liquid Avatar provides users with an easy and engaging way to share what they want, when they want, and with whom they want, through a biometrically verified access and verifiable identity credentials, based on the Trust over IP Foundation's framework (www.trustoverip.com) giving users the control they need and deserve and the opportunity to benefit, economically, from the personal data they wish to share.
The Liquid Avatar platform allows users to create high quality digital icon representations of the various facets of their online personalities and identity, which can be used to easily share what they want, when they want, and with whom they want. Liquid Avatar users will also be able to create digital wallets to manage and store a wide range of verifiable identity and access credentials, and to take their conventional identity online, allowing users to prove themselves as easily and effectively as they do in the "physical world".
A Phased Approach to Supporting Digital Identity Management
As the opportunity to manage digital identity is new to most people and to some, the process can be daunting, Liquid Avatar has taken a phased approach to its engagement program. Initially users can sign up for Liquid Avatar using a traditional email and password, but at the point of sign up, they also engage in a "liveness" test, which allows Liquid Avatar to associate the account with a biometric signature. This process, while not invasive and not requiring the user to store any sensitive data on their devices, as Liquid Avatar is primarily a cloud-based platform, does subscribe to a "one user / "one account" philosophy, where every user is known and verified, reducing, if not potentially eliminating fake and / or fraudulent users.
See: FCA: Digital Identity Sandbox Observations
Users that install Liquid Avatar in Phase 1 (launch date through, estimated end of March 2021) will start to learn the basics of setting up and sharing a Liquid Avatar as a precursor to digital identity management. Initial Features include:
- Create & Edit Avatars
- Create a Biometrically Secured Account
- Add and Share Data
- Mobile Phone Number
- Email Addresses
- Community:
- Share your Liquid Avatar through:
- Text
- Social Channels
- Connect with other Liquid Avatar User(s)
- Share your Liquid Avatar through:
- Automatically enroll in KABN KASH program
- Sign up for the KABN Card waitlist (Canada only, other regions under review)
Phase 2, expected to launch late March 2021(subject to any revisions), will include technology and app updates and the ability to create multiple Liquid Avatars and manage different facets of your personality (personas) as well as storing items in your personal locker. Phase 2 will also see the introduction of multiple language options, the ability to connect further social media and data sources to your Liquid Avatar personas and additional free Liquid Avatar creative components.
See: Survey Until Feb 26: Ontario Seeks Input from Individuals and Businesses to Help Shape Digital ID Program
Phase 3, slated for the end of April (subject to any revisions) is expected to bring continuous technology and app improvements and the early introduction of Liquid Avatar's digital wallet and verifiable identity credentials giving users greater management and control over their digital identity. Phase 3 will also see the potential introduction of badges, providing users with the ability to upload and share specific attributes and affiliations of their favorite teams, university they went to and their "likes".
Phase 4, currently scheduled for the end of May (subject to any revisions) is primed as a major release for Liquid Avatar as the Company plans to introduce its Augmented Reality platform in partnership with Imagine AR (CSE:IP). Phase 4 is expected to also introduce the introduction of Digital Certificates of Authenticity, securing ownership of collector Liquid Avatar icons and components and allow for future selling and trading of these items. It is also expected that Liquid Avatar will introduce an early stage of its vendor offering engine which will allow users to set preferences and match those with offers from vendors who wish to reach known and verified users.
There is a lot more in store for Liquid Avatar through the Spring and Summer 2021, as the Company expects to continue to showcase and test potential release items, like innovative AR scavenger hunts and video creation events, Digital Identity dashboards and much more. With Liquid Avatar Marketplace (www.liquidavatarmarketplace.com), users with have the ability to trade and sell collectible Liquid Avatars from iconic and up and coming pop culture, anime, and comic book creators. The Company is also investigating other commercial applications that will potentially integrate Liquid Avatar with information, financial, hospitality, eCommerce, and government services.
Beginning at the initial launch, Liquid Avatar will have direct connections to over 370 North American online brands with cash back deals with KABN KASH and Canadian users can be part of the early sign up for the KABN Visa Card (with further territory expansion in discussion).
"The launch of Liquid Avatar is a major milestone for the Company as we look to empower individuals to manage, control and benefit from the digital identity and personal data," said David Lucatch, CEO KABN North America. "With over 5 Billion people online and the global landscape evolving to put control of user information back in the hands of those that own it, coupled with the need for digital identity management growing daily, we believe that Liquid Avatar will provide users, vendors, governments, eCommerce program and others with the ability to easily and efficiently interact while preserving safety, security and data integrity."
As a verified platform, an individual user of Liquid Avatar can only have one account (with possibly multiple digital personas) which potentially reduces the ability for bad actors to create bots and fake accounts. Liquid Avatar users know that when they use and interact with other Liquid Avatar users, they are dealing with real, known people.
See: A new denim collection gives jeans a digital identity
While Liquid Avatar is free to consumers and KABN and Liquid Avatar never sells or rents data, the Company believes that verified, known users can create increased value for themselves and select marketers and vendors as they look to reach real people and not fake users or bots. Through the Liquid Avatar platform and approved, permission-based communications, Liquid Avatar will offer up value-based opportunities users can select. At the same time, Liquid Avatar partners who want to reach real, known users will be willing to provide increased value as they won't be spending money to reach fake users and bots.
KABN NA will earn potential revenues through card transaction fees, comarketing, bounties, commissions, and other fees paid by partners and vendors. The Company believes that other consumer and revenue programs will emerge as Liquid Avatar gains traction in the market.
Interested individuals can sign up and receive information and notices on upcoming product releases and services by visiting www.liquidavatar.com
If you would like to join our mailing list and receive updates on KABN Systems NA Holdings Corp., please click here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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KABN North America Partners with UK and Barbados Based Tokenise International to Develop Verifiable Identity Credentials for Regulated Stock Exchange
KABN | Cara Buckspan | Feb 11, 2021
Agreement will help fuel Liquid Avatar's expansion to the UK and Caribbean.
TORONTO, CA and LONDON, UK and ST. MICHAELS, BARBADOS / ACCESSWIRE / February 11, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN)(OTC PINK:TRWRF)(FRA:4T51) (the "Company", "KABN North America" or "KABN NA") (www.kabnsystemsna.com), a North American Fintech solutions company specializing in empowering individuals to manage, control and generate value from their biometrically verified Self Sovereign Identity ("SSI") through its Liquid Avatar (www.liquidavatar.com) platform, is pleased to announce that it has entered into an initial agreement with the Gibraltar holding company of London, UK and St. Michael's, Barbados based Tokenise International Limited ("Tokenise") (www.tokenise.io), a multi-jurisdictional regulated financial services organization.
Together, the Companies are working on initiatives to integrate Liquid Avatar with Tokenise and issue verifiable identity credentials to account holders and to use these credentials to gain access to Tokenise financial and brokerage services and other related platforms, starting in the UK and Barbados.
See: For Digital Assets, Private Markets Offer the Greatest Opportunities
Tokenise operates Kession Capital Limited, a London-based broker dealer that is authorized and regulated by the Financial Conduct Authority in the United Kingdom. Tokenise offers issuers and investors the ability to tokenize crowdfunding programs through the purchase, sale, and exchange of blockchain based securities. Kession also acts as a UK conduit to the Tokenise Stock Exchange, a fully regulated stock exchange in Barbados providing global primary issuance and secondary market trading, promoting financial inclusion and asset diversification, and focusing exclusively on tokenized securities and Tokenise Brokerage to support the onboarding efforts of global investors. Tokenise is also exploring expansion opportunities into Canada.
With Digital Identity applications addressable to up to 100% of the online market, the financial services market is a primary opportunity for Liquid Avatar's Verifiable Credentials Ecosystem announced earlier this month. By accessing a biometrically enabled verifiable identity credential that a user can store in their Liquid Avatar wallet, Tokenise will be able to verify and validate customers allowing them to securely and safely access their accounts based on their known and verified digital identity. The program is expected to commence by early Q3 2021.
Tokenise provides customers and blockchain based issuers with a safe, secure, and regulated supported environment to purchase and exchange securities and is considered to be the first global digital Self Regulated Organization ("SRO") to focus exclusively on tokenized products.
See: Digital Assets: A Framework For Regulation To Maintain The United States’ Status As An Innovation Leader
The Tokenise Stock Exchange will support a wide range of company and program listings including but not limited to tokenized real estate, art, collectibles, businesses and enterprises, celebrity and influencer ventures, cannabis and potentially psychedelics initiatives, digital currency ETFs, and other digitized assets.
"With the rise in awareness and acceptance of digital currencies, like Bitcoin, Ethereum and other Altcoins, it naturally follows that investors will want to investigate and potentially invest in blockchain based securities and Tokenise is eager to support this global, growing opportunity," said Mike Kessler, CEO, Tokenise International Limited. "The Liquid Avatar platform and its verifiable identity credential provides Tokenise with a potentially effective and efficient way to continuously verify our customers and afford them increased security and safety to manage their digitized assets."
Liquid Avatar will be releasing its live, open beta app globally in Google Play and Apple App Store on February 18, 2021, subject to all final approvals. Liquid Avatar will launch in phases, as the Company prepares and tests additional service and program offerings to make it easier for users to become familiar with the Liquid Avatar platform, Self Sovereign Identity and Verifiable Credentials.
"We are excited to have the opportunity to work with Tokenise to support their growing global needs for customer verification and validation and account authentication," said David Lucatch, CEO, KABN North America. "We believe that by linking Liquid Avatar and verifiable identity credentials, users can use their biometrics and digital credentials to sign in and access their accounts from multiple devices anywhere in the world, potentially providing increased protection of their digital information and valuables."
Liquid Avatar, available at no cost to consumers, makes it easy for individuals to start and maintain the process of managing their SSI/digital identity while giving users the ability to share it with their friends, family, colleagues, and others easily, safely, and cryptographically secure through biometrically enabled Self Sovereign Identity tools and services.
About Tokenise International Limited - www.tokenise.
Working with and in fully regulated environments to meet the needs of the emerging blockchain based securities markets, Tokenise International Limited is a financial services group, operating in multiple jurisdictions. The firm's programs consist of:
Kession Capital Limited, an authorized and regulated by the Financial Conduct Authority in the United Kingdom (FRN 582160). Kession currently operates as a regulated hosting platform and oversees several clients across the investment management industry, from crowdfunding platforms to a national European stock exchange.
UK based Tokenise crowdfunding platform which, under its regulatory permissions, has the ability to manage the purchase, sale and exchange of tokenized securities.
Barbados based Tokenise Stock Exchange International Limited (formerly Daxnet BB (Barbados) Limited) which is a self-regulated organization which is licensed to operate as a fully regulated stock exchange in Barbados providing primary issuance and secondary market trading promoting financial inclusion and asset diversification and focusing exclusively on tokenized securities and is considered to be the first global digital SRO to focus exclusively on tokenized products.
The Company also owns and operates Barbados based Tokenise Brokerage (formerly Kession Capital International Limited) providing global access to investors who wish to use the Tokenise Stock Exchange and provides direct market access to a global customer base.
About KABN Systems NA Holdings Corp - www.kabnnaholdco.com
KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of Self Sovereign Identity, empowering users to control and benefit from the use of their online identity.
Liquid Avatar is a verified Self Sovereign Identity platform that empowers users to create high quality digital icons representing their online personas. These icons allow users to manage and control their digital identity and Verifiable Access and Identity Credentials, and to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com
KABN North America has a suite of revenue generating programs that support the Liquid Avatar program, including KABN KASH a cash back and reward program that has over 300 leading online merchants and coming soon, an integrated offering engine. In Canada, KABN also has the KABN Visa Card, a "challenger banking" platform that allows users to manage and control a range of financial services for traditional and digital currencies. The Company is currently exploring expansion of the KABN Visa program to other geographic regions, including the USA.
KABN Systems NA Holdings Corp. is publicly listed on the Canadian Securities Exchange (CSE) under the symbol "KABN" (CSE:KABN).
The Company also trades in the US under the symbol "TRWRF" and in Frankfurt under the symbol "4T51".
If you have not already joined our mailing list and would like to receive updates on KABN Systems NA Holdings Corp., please click here to join!
For more information, please visit www.kabnnaholdco.com or www.kabnsystemsna.com
Continue to view the original release --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Symend Announces US$43 million Series B Extension to Accelerate Global Expansion
Symend | Release | Feb 9, 2021
Behavioral science and analytics company prepares for imminent global expansion and future additions to its engagement product portfolio to serve the entire customer lifecycle.
CALGARY, Alberta--(BUSINESS WIRE)--Symend, a leading digital engagement platform that uses behavioral science and data-driven insights to empower customers to resolve past due bills, announced a US$43 million extension following its US$52 million Series B in May 2020.
See: With $73 million CAD, Symend closes one of the largest Series B rounds in recent Alberta history
The Series B+ was led by global technology venture firm, Inovia Capital, with participation from a consortium of investors, bringing Symend’s total funding to date to over US$100 million.
“We are big believers in Symend’s mission to add lasting value to enterprises, by helping their customers avoid collections,” said Dennis Kavelman, Partner at Inovia Capital.
“Their approach is differentiated and effective because it combines behavioral science and data science to drive a personalized approach for each customer. With this new investment, Symend is well funded to execute its strategy of scaling globally, and to partner with large enterprises in many industries.”
Kavelman is also a former RIM (Blackberry) executive and current member of Symend’s board of directors. Symend welcomed two additional board members in 2020 including John Connors, Managing Partner at Ignition Partners and former Microsoft executive, and Matthew J. Schiltz, former CEO at Conga and DocuSign. Connors and Schiltz joined the board alongside Eric Updyke, CEO at Spirent Communications, and Maor Amar, Managing Partner at Impression Ventures.
Symend’s platform is purpose built to serve complex enterprises in telecommunications, financial services, utilities and media across North America and is on track to significantly expand its client roster globally in 2021. Symend recently opened an office in Australia to serve the Asia-Pacific (APAC) market, with plans to expand into Latin America (LATAM) and Europe, the Middle East and Africa (EMEA).
Symend currently serves two-thirds of the major telecommunications providers in North America and is successfully serving a multinational bank, quickly gaining traction with other major players in financial services.
See: 4 Digital Transformation Lessons that Banks Need to Learn from Covid-19
Symend validated the need for its solution along the entire customer journey by providing clients with rapid response capabilities through the COVID-19 pandemic. By relieving pressure from call centres overwhelmed by inquiries from uncertain customers, Symend created capacity for clients to respond to evolving customer needs when they needed it most.
Over the past year, Symend’s team of behavioral scientists, data scientists and data analysts have significantly strengthened its consumer data platform, which is foundational to its engagement platform. Through rigorous experimentation, Symend is continuously building an extensive library of proven behavioral-based engagement strategies shaped by in-depth customer insights to continuously optimize behavior. This will guide Symend’s product portfolio expansion as it further develops strategies in customer retention and acquisition.
“Given the challenges that service providers have faced during the pandemic, we are seeing a massive uptick in enterprises that are committed to investing in solutions that will ensure they are better prepared for the future, better the lives of their customers, and drive better business results for their core operations during both good and challenging times,” said Hanif Joshaghani, CEO at Symend.
Symend has rapidly accelerated recruitment, growing from 50 people to over 225 in 2020 and expects to double in size in 2021. The rapid growth of the team is led by Calgary success story Benevity’s former Chief People Officer, Vivian Farris, who joined Symend in September 2020. To support the expansion and restructuring of product and technology within the company, Symend attracted several senior executives from major hubs including the San Francisco Bay Area, Seattle and Chicago.
View the original press release --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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KABN North America Partners with Indicio to Build Liquid Avatar’s Verifiable Credential Ecosystem (LAVCE)
KABN | Cara Buckspan | Feb 3, 2021
Platform will empower consumers, governments, and business to manage, issue and verify digital identity and personal data.
TORONTO, ON / ACCESSWIRE / February 3, 2021 / KABN Systems NA Holdings Corp. (CSE:KABN) (OTC:TRWRF) (FRA:4T51) (the "Company", "KABN North America" or "KABN NA") (www.kabnsystemsna.com), a North American Fintech solutions company specializing in empowering individuals to manage, control and generate value from their biometrically-verified Self Sovereign Identity ("SSI") through its Liquid Avatar (www.liquidavatar.com) platform, is pleased to announce that it has entered into an agreement with Delaware based PBC (Public Benefit Corporation), Indicio (https://indicio.tech/), a professional services firm specializing in decentralized identity architecture, engineering, and consultancy. Together, the team will build and launch the Liquid Avatar Verifiable Credentials Ecosystem ("LAVCE"), to support and enable online identity assurance which includes a digital credentials wallet and platform for issuers, verifiers, and individuals to support the issuance, verification, and management of verifiable credentials for digital identity.
The Company believes that digital identity is addressable to 100% of the online market. This solution is one of the first global platforms to support governments, healthcare, workplaces, hospitality and other businesses and organizations as they begin to issue digital credentials and to empower users, at no cost, to manage and take full control over storage and use of these credentials, their digital identity, and personal data.
Using the LAVCE, individuals, or "holders" will be provided with a digital wallet that will be able to, within Liquid Avatar, support a wide range of verifiable identity and other digital credentials based on the Trust over IP (www.trustoverip.org) open-source governance and technology stacks, to which KABN is a steering committee member, and industry standard data models.
See: Survey Until Feb 26: Ontario Seeks Input from Individuals and Businesses to Help Shape Digital ID Program
Together, with the Liquid Avatar app and its high-quality digital image icons that can represent various facets of a user's personality, the system will usher in new tools and services to create verifiable digital identities allowing for new and innovative ways for users to create a holistic profile of themselves that they manage and control, through self-defined personas. KABN North America will pay for the build and operate the LAVCE and the new verifiable identity credentials program creating an open-source solution to drive industry adoption and support standards that everyone can build to. This program is expected to ultimately replace the Company's current KABN ID solution.
"With over 5 Billion people online and about 400 million people in the US and Canada the world continues to get smaller through increased digital presence and opportunities. Providing individuals with a no-cost service that allows them to prove who they are and verify, manage, control and generate value from their digital identity has the potential to create significant consumer and commercial opportunities," said David Lucatch, CEO KABN North America.
"The creation of the LAVCE and our new digital identity credentials align with our goal to make Liquid Avatar engaging and simple to use as governments and industry continue to move swiftly towards adopting increased levels of security, regulation and compliance, enabling consumers to control their identity and data usage. This program also supports our industry efforts with the Trust over IP Foundation, Lumedic Exchange and other company efforts."
Liquid Avatar will be releasing its live, open beta app globally in Google Play and Apple App Store on February 18, 2021, subject to all final approvals. The LAVCE is expected mid-spring as part of Liquid Avatar's ongoing release schedule.
Using the LAVCE, issuers, like governments, workplaces, financial services, and others will be able to issue verifiable credentials that are linked to a holder's verifiable identity credential, creating a higher level of security and safety. Verifiers who want to make sure that an individual has the credential and is who they say they are will be able to scan a Liquid Avatar icon and to request a verifiable presentation to determine acceptance.
"We are excited to be working with KABN and the Liquid Avatar team to build and deploy the Liquid Avatar Verifiable Credential Ecosystem to enable issuers, verifiers and consumers to use verifiable credentials to deploy digital identity solutions that preserve privacy while enhancing security and safety," said Heather Dahl, CEO Indicio
See: KABN to Release Liquid Avatar in App Stores Feb 18 to Further Progress Self Sovereign Identity
"Liquid Avatar and the LAVCE will potentially provide a paradigm shift in the way that individuals manage, control and use their digital identity and will be interoperable with a host of emerging ecosystems and solutions through its open-source protocols," said RJ Reiser, Chief Business Development Officer KABN North America.
"We believe that our digital wallet will be a foundational piece that will empower consumers to fight against fraud in all its forms. Working with Indicio and its world-class, industry leading team, we will be creating one of the world's first consumer facing digital wallet programs that will enable issuers, verifiers and consumers to easily and simply adopt and deploy verifiable identity and additional credentials solutions."
Liquid Avatar, available at no cost to consumers, makes it easy for individuals to start and maintain the process of managing their SSI/digital identity while giving users the ability to share it with their friends, family, colleagues, and others easily, safely, and cryptographically secure through biometrically enabled Self Sovereign Identity tools and services.
The Liquid Avatar platform allows users to create high quality digital icon representations of the various facets of their online personalities and identity, which can be used to easily share what they want, when they want, and with whom they want. Liquid Avatar users will also be able to create digital wallets to manage and store a wide range of verifiable identity and access credentials, and to take their conventional identity online, allowing users to prove themselves as easily and effectively as they do in the "physical world".
Continue to view the full press release --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Joint Statement from CSA and IIROC on Recent Market Volatility
CSA and IIROC | Release | Feb 1, 2021
TORONTO - The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) are closely monitoring how extreme price movement of certain stocks may be contributing to volatility in Canada’s capital markets.
We will take appropriate regulatory action to protect investors if we identify that abusive or manipulative trading activity may be taking place.
With strong market oversight and surveillance infrastructure in place, Canadian regulators are working together closely to protect investors while ensuring that the markets operate in an orderly manner and with integrity. We are monitoring market activity in real-time to support healthy Canadian capital markets and to protect investors. Canada’s capital markets remain strong.
See: The Future of Stakeholder Capitalism and Why GameStop is a Syllabus
The CSA and IIROC continue to be in close contact with regulators domestically and internationally, recognizing that trading and market volatility is not confined by borders.
We also continue to be in close contact with regulated entities, and will continue to monitor issuers’ compliance with disclosure requirements for anything material that might affect their stock prices.
We caution investors to consider the source of information and advice they are relying on to make investment decisions. Online chat rooms are unregulated and may contain information that is inaccurate or inappropriate for some investors. Investors should always check the registration of any person or business trying to sell them an investment or give them investment advice. To do this, investors can visit AreTheyRegistered.ca or IIROC’s database of advisors working for IIROC regulated firms.
The CSA and IIROC will continue to work to protect investors from improper and unfair practices in the capital markets.
View the original release --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Reddit Partners with Ethereum Foundation to Build Scaling Resources
Reddit | u/jarins |Jan 27, 2021
The social media firm will dedicate developer resources to support scaling efforts for Ethereum.
Via Reddit post:
Reddit admin u/jarins here, with some exciting news to share today: Reddit has teamed up with the Ethereum Foundation to establish Reddit’s first-ever blockchain partnership!
As Reddit continues to grow with more than 50 million daily users and hundreds of thousands of communities, the platform has long maintained a decentralized ethos by empowering users to create, govern, and grow their own communities. Through this partnership, we will be increasing our commitment to blockchain, accelerating scaling and resources for the Ethereum ecosystem, and bringing the value and independence of blockchain technology to millions of redditors.
See: From Voting To Social Media: What Does The Future Hold For Digital Identity On The Blockchain
In many ways, this collaboration started with the Scaling Bake-Off that we hosted in this community with the Ethereum Foundation. In this new stage of our partnership, immediate efforts will be focused on bringing Ethereum to Reddit-scale production. Our intention is to help accelerate the progress being made on scaling and develop the technology needed to launch large-scale applications like Community Points on Ethereum. The scaling technology developed through this partnership will be open-sourced and publicly available for anyone to use.
We introduced Community Points last year to give more ownership and control back to users through decentralized technology. Built on Ethereum, Community Points represent a user’s ownership in a community and rewards them for their individual contributions (such as posts and comments). This project is our first attempt at utilizing decentralized technology to empower individuals to have a sense of accountability and more ownership in the communities that they create and contribute to. Community Points are currently in beta on the Rinkeby network and are being tested in r/CryptoCurrency and r/FortNiteBR.
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