Reference ID: 75425753
A Florida-based ID verification company using Blockchain as opposed to a central database, providing a service to organisations to better secure their data from the risk of loss as well as faster processing for users signing in to either make payment, pass an ID check, or simply identify themselves to enter locations. Essentially this company provides ID Verification SaaS solutions that help organizations around the world reduce fraud, mitigate risk, and accurately verify users online or on the fly.
The flagship product's unparalleled speed of transaction comes from having no need for forms or any admin on-premises.
One ID for reusability and replacement for multiple ID use cases such as health insurance, proof of age, patient info, etc.)
Eventually this unique ID will be able to connect with monetary transactions that employers can use to pay their employees, and allow Gift Card businesses to transfer funds to their product sellers instantly.
B2B clients that highly need and demand this product are within Healthcare, Telemedicine, and Microloans/Pawn
The company intends to infiltrate and piggyback the OEM market (original equipment manufacturer (OEM) is a company whose goods are used as components in the products of another company, which then sells the finished item to users)
Proof of Concept agreement signed with Walgreens, the second-largest pharmacy store chain in the United States behind CVS Health (ten departments within Walgreens signed up with positive feedback so far). A forecast of 1 million users after the first quarter after signing with Walgreens is expected from a total patient count of 28 million in US alone, not counting their other international subsidiaries. Proof of Concept implementation is also concurrently running for EZCORP (a finance giant with a market cap of $349.91m)
SaaS recurring model comprising of
Target B2G organizations to close on include:
Partnership discussion with EHR Data, a multi-faceted data utility built with Blockchain that generates US$200m in annual revenue - Homeland Security (USA)
The founder has 25 years of entrepreneurship including taking a previous startup to IPO of a market cap over $1.5B on the Nasdaq (Europe). CTO has over 30 years of IT specializing in Blockchain
100 percent debt free company.