Cogni’s Passport will transform the Web3 space with its built-in compliance infrastructure for mass adoption
NEW YORK–(BUSINESS WIRE)–Cogni, the pioneer Web3 platform that provides FDIC-insured banking along with an integrated non-custodial wallet, providing users access to Web3 products and services on a single platform, has debuted the “Web3 Passport,” the first and only turn-key solution that ports the traditional Web2 KYC (“know-your-customer”) into a Web3 environment via the Polygon PoS chain. At launch, Passport will be available to a select number of Cogni users, before opening to the public in the summer of 2023.
“When planning our entry into Web3, we prioritized ownership and security first. We’ve since developed an easy-to-use, safe platform that allows users to hold digital assets without adding any unnecessary stressors to the process,” said Archie Ravishankar, founder and CEO of Cogni. “The essence of blockchain has not changed. We believe that if yo
