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ARGOS is a one-stop identification solution.
We have a vision To transform how the world experiences identity,
We are creating a product called Automated Verification for Onboarding.
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Today, we'd like to share an interview with Onsun Cho from the Compliance team at Classys, who utilizes ARGOS's KYB service as part of their "compliance." 
Here's what she had to say about ARGOS's KYB service.
Here's what she had to say about ARGOS's KYB service.Q : What kind of company is Classys?
Classys, a dermatology medical device company, develops and produces various beauty aesthetic medical devices such as HIFU and RF, and is a top 20 company by market capitalization on the KOSDAQ market.
Currently, we sells skin aesthetic medical devices for hospitals in more than 70 countries around the world. As a company with 'medical devices' as its core, it develops Well-made products that can be recognized by customers through constant research and continuous investment.
As Classys is expanding into such a global business, it is necessary to continuously make efforts for global compliance, and the compliance team continues to improve management.
Classys official link
Classys : https://classys.com/
Q : How did you decide to implement KYB in ARGOS?
Classys' products are not only available in the domestic(south korea) market, but also in more than 70 countries around the world. We have invested in R&D for a long time and are actively marketing our strategic products in overseas markets. In this process, it is important for us to have a good compliance system to ensure that we can maintain and improve our global compliance.
70 countries around the world. We have invested in R&D for a long time and are actively marketing our strategic products in overseas markets. In this process, it is important for us to have a good compliance system to ensure that we can maintain and improve our global compliance.In this process, we introduced ARGOS to check the many companies that Classys has a business relationship with and screen them for issues.
Classys, the beginning of global compliance.
New Client
2023/12/05
KYB
ARGOS KYC x Forward Protocol Partnership
ARGOS KYC is delighted to partner with Forward Protocol and their mission to revolutionize the blockchain space. Our KYC and AML systems provide reliable and stable resources that promote safety and security in the sector, allowing us to offer unparalleled customer service, comprehensive tools, and a secure, compliant experience for our clients.
ARGOS KYC is proud to be part of Forward Protocol’s mission to make decentralized systems safer and more rewarding. Our collaboration brings together our state-of-the-art KYC and AML screening system with their customizable, non-technical solutions, allowing us to provide unparalleled security, and identify verification, and usability within blockchain systems. We are thrilled to be closer to creating an ultimate user experience that drives and rewards blockchain adoption.
Team ARGOS is committed to creating a safer and more secure DeFi ecosystem for all users through the partnership with Forward Protocol. The user-friendly integration makes it easy for users deploying dApps via ForwardFactory to take advantage of the third-party KYC service to provide verification within the systems.
What is Forward Protocol?
Forward Protocol uses an easy-to-use WordPress-like model to facilitate a no-code environment that users can use to deploy their dApps, subnets, and blockchains without technical knowledge. Applications and smart contracts from Forward Protocol can be deployed on any EVM & Rust compatible chain in one click. Forward Protocol is cross-chain compatible, industry-agnostic, and adoption-focused, with an ultimate goal to fast-track the mass adoption of Blockchain Technology.
Partnership Details
ARGOS KYC x Forward Protocol New Partnership – Supporting Safe and Secured Blockchain Space
ARGOS News
2023/02/17
KYC
ARGOS ID strongly believes that mitigating the global risks associated with cryptocurrencies is vital just as remarked by the national security Council of the White House's recent publication.
Crypto assets, a digital form of money that functions as a medium of exchange within the cryptocurrency market, utilize cryptographic techniques and advanced blockchain technology. As cryptocurrency transactions escape traditional financial networks, they face a unique set of risks including reduced consumer protections and heightened vulnerability to cybercrime. With cryptocurrency emerging as an increasingly popular asset class, it is important to carefully consider these global risks associated with virtual asset investment.
Ensuring that the future of cryptocurrency is secure is an absolute necessity in order to take advantage of its vast potential as a medium of exchange. By mitigating various risks associated with this type of technology, such as issues related to privacy and security, future users can be given access to a safe and reliable platform for transacting. This effort is crucial in safeguarding the future success of cryptocurrency and protecting its users.
ARGOS ID, a travel rule solution particularly specializing in verifying crypto wallets, provides a reliable and sound environment for virtual assets transactions. The crypto travel rule is about verifying who sends the assets to who and how much, and vice versa. The traditional financial market has an existing system known as SWIFT. However, in the cryptocurrency industry, this form of regulation is not yet set. That’s why various nations and governments try hard on creating such robust and comprehensive crypto regulation. ARGOS ID is one of the earliest solution providers for verifying personal crypto wallets which is greatly emphasized by FATF(The Financial Action Task Force).
Virtual asset service providers (VASPs) are facing difficulties and challenges on a number of different fronts. First, they need to keep up with the regulations and requirements issued by various entities, including central banks and financial supervisors. Aside from that, VASPs have to continually update their security protocols as cybercriminals continue to develop more sophisticated ways of attacking digital systems. One of the regulations that are strongly recommended by the inter-governmental body is regarding the verification of those anonymous crypto wallets. ARGOS ID, an online solution applicable via API and Web SDK, provides fast and easy ways on verifying unhosted wallets such as MetaMask.
With the increasing prevalence of cryptocurrency in business and personal finances alike, it is essential for those dealing with digital currencies to take steps toward reducing risk. Many potential risks come along with trading or investing in cryptocurrencies, such as sudden wild swings in market value and fraudulent activity. Acknowledging these possible risks of ownership and developing a strategy for reducing them can lead to longer-term success and make handling digital currencies easier over time. Taking the necessary steps now will ensure one’s complete peace of mind when working with cryptocurrency later on.
How ARGOS ID is Helping to Reduce the Cryptocurrency Risks
ARGOS News
2023/02/01
ID
Did you know that there is a process for KYC and AML? It may be confusing when you do not know well about the KYC and AML process flow. In this article, we will cover how the identity verification process flows along with Anti-money laundering screening.
KYC first, and then AML Screening
KYC(Know Your Customer) is verifying individuals’ personal identities. The process is simple and easy as users go through minimal steps, submitting an ID card and a selfie photo. Once the KYC is done and his/her identity is verified, then we move on to the next step, AML Screening.
This means that when the KYC process is not finished or KYC got rejected asking to try again, then it cannot move on to the AML screening step. In order to screen the individual from the AML database, KYC must be approved. Pending or rejected KYC projects cannot go through the further step.
Approved KYC does not mean free from Money Laundering Risk
KYC and AML Screening Process
Insights
2022/02/23
KYC
We talked about Web 3.0 in the basic definition, the meaning, and the difference of the current internet environment(Web 2.0). Let us go a little deeper regarding how and where Web 3.0 is going to be active.
Web 3.0 is yet to come but it is going to be much more revolutionized which can process information like a human. When talking about Web 3.0, we cannot forget about decentralization and blockchain. The current generation of the internet stores and processes data in a centralized way. All the data individuals create, whether it is searching specific topics or creating image and video content, there are platforms we use. They are Google, Instagram, Youtube, and Twitter to name a few. And as you may know, all these big technology companies collect data. So the data are collected and used in a centralized format.
In Web 3.0, we expect that users and machines will be able to interact with data. This is where Web 3.0 needs more artificial intelligence (A.I) to process data and be able to communicate with users. Using AI technology is related to the idea of providing relevant information to end-users with speed and accuracy. Web 3.0 will operate in a decentralized environment where the concept of blockchain and cryptocurrency also gets involved.
Where Web 3.0 is expected to provide such convenience to the end-users with greater usage of AI technology. Argos KYC, an identity verification solution provider, we view Web 3.0 where verifying identities would become an important factor. When there is a gathering of people, people on the internet with a decentralized environment, transparency would become a crucial part. Transparency in interaction, communication, and activities related to finance. So we see that identifying identities would become a valuable process for people around the world to use and participate in the Web 3.0 environment.
Web 3.0 on Blockchain | Argos KYC
Insights
2022/02/18
KYC
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