Modum.io AG is relying on our solution for digital onboarding IDnow eSign, represented by our partner Intrum Justitia and is thus offering their coin holders’ registration as the first digital fully streamlined process. This model not only breaks new ground from a regulatory perspective, but is also technologically impressive and unrivalled in the field.
A challenge – regulatory and technological
Modum.io AG approached Intrum Justitia to unambiguously identify the individuals participating in the
Initial Coin Offering (ICO) in accordance with the applicable standards. In particular, this meant going
through the relevant know your customer (KYC) and anti-money laundering (AML) processes. In
technological terms, modum.io AG offers its customers a frictionless digital process during the ICO.
Coin holders go through all necessary steps within just a few minutes from the comfort of their own
home, a process enabled by technology from IDnow in cooperation with Intrum Justitia.