Know your customer (KYC) blockchain technology empowers transparent and secure public financial transaction ledgers which can extend throughout the entire public finance system.
We leverage proven KYC blockchain technology from applications developed by global financial institutions in accordance with the Bank Secrecy Act (BSA) to offer treasuries, political candidates and organizations, non-profits and any other organization involved in public finance the same assurances.
The Empower.us platform supports the entire public financing ecosystem and develops customized financial solutions for these use cases.
We're excited to work with you
If you have further interest in our work for research or have a project you want to start building, we're eager to hear from you and answer any questions.
More about our concept and us:
Know your customer (KYC) requirements are mandated to all major banks through the Bank Secrecy Act (BSA). The intention of these efforts are to quickly identify, and ideally prevent, money laundering and financial crimes throughout their systems. Banks have responded to this by making sure they have proactive efforts in place and are constantly investigating internal and external claims. Blockchain technology has seen recent success in anti-money laundering (AML) use cases and appears to be a good fit for compliance and regulatory technology moving forward. The basic concept at work within the proposed Empower.us platform is that it tokenizes the digital sovereign identity of public institutions, government bodies, regulatory organizations, political parties, public treasuries, and any other organization which gives or receives public funds, and tracks the monetary relationships and direct interactions between those organizations. The end product would hold a public ledger of the transfer of all public monies, verified and held secure through the technological benefits innate to blockchain technology.
Do to the robustness and legal systems of the public finance industry we recognize that our envisioned end platform will take time to fully develop. The foundation is set, but we need your help. Through the support of Schweitzer Laboratories, the Empower.us platform team will be among the first of a new generation of global impact organizations leveraging emerging technologies to enhance peace, progress and cooperation. Schweitzer Laboratories is an equal opportunity employer and strives to create a progressive work environment. While much of our efforts are focused on transparency, we are a stand for personal privacy and believe an individual has a right to data related to their digital identity. If our mission sounds like your mission, we'd love to connect. Contact us today.