Announcing ourselves as a block producer on the Worbli Network
We are proud to be partnering with the WORBLI financial network as a founding partner and block producer. WORBLI is an EOSIO based blockchain utilizing the same technology as EOS but with a focus on financial compliance. Users on WORBLIi will be vetted and identified in accordance with Anti Money Laundering (AML) and Know Your Customer(KYC) regulations.
Why must users go through AML/KYC over and over?
Currently, every time an individual, company or institutional investor wants to make an investment in blockchain whether through an ICO, IPO, seed round or via an exchange they need to submit identification information creating a time and cost burden for both sides. At infinitybloc we believe this has been a critical element preventing real uptake of cryptocurrency from the broad public. Duplication of efforts is a huge inhibitor to innovation and development on the blockchain. We are excited to say Worbli addresses this through its one and done KYC/AML compliance. We believe this could provide unparalleled opportunities to increase the velocity and scale of users exchanging fiat for blockchain based assets. On the business side, this presents a huge opportunity for companies to raise money from what will be a rapidly growing pre-vetted and compliant WORBLI userbase.
WORBLI will provide a huge accelerant to the EOSIO and the blockchain space. The implications of WORBLI we hope will be a stimulant for raising, earning and transferring capital/value without upsetting regulators and frustrating users and investors.
Complimenting other EOSIO chains
We are so excited by the opportunities to have WORBLI compliment our work on the EOS and Telos blockchains and look forward to helping to create the bridges in between these chains. We expect upcoming cross chain technologies to allow EOS and Telos to take advantage of the WORBLI KYC/AML vetted userbase.
We believe that WORBLI accounts could potentially one day be the most powerful account anyone in the world can hold(blockchain or otherwise). We are interested in seeing them utilized across the internet and across blockchains and potentially replace or supplement other identification documents like passports and drivers licenses. Of course, this is a long way away but we believe this is a possibility we can help make happen.
More about WORBLI
WORBLI is a Financial Services Network (FSN) where enterprises and individuals can access a broad range of services. WORBLI leverages EOSIO software and is capable of hosting a variety of decentralised applications (dApps). The protocol focuses on widespread user adoption and providing a secure, reliable and compliant ecosystem for financial innovation.
Learn more about Worbli here
WORBLI’s network infrastructure — including computing power, data storage, and bandwidth — can be accessed with the WORBLI Token. Developers can launch new applications knowing anyone in the WORBLI community can use them. WORBLI will create the protocols that make all this possible, leaving developers free to focus on building their project.
WORBLI Airdrop Details
40% of WBI token (total 1 Billion) supply is allocated to EOS holders, to claim you just need register with an email address on Worbli Website and follow the instructions or you may enter EOS public key on Worbli’s portal to access Worbli account and tokens. WBI will be airdropped based on the snapshot taken on 7th September.
Token Airdrop will be taking place after WORBLI network launch on the 14th September. Every EOS Token holders will receive 1:1 Basis. (100 EOS = 100 WBI)
WORBLI will be covering the account creation cost/ wallet cost linked to WORBLI Network.
Application committed to launching on WORBLI
A fiat and digital currency bank providing checking accounts, debit cards, trading, + more. Designed to eliminate the barriers to entry for the average user, Gamma Bank will facilitate the safe storage, trade, and exchange of digital assets and fiat currencies.
A peer-to-peer decentralized insurance market built to meet the growing needs of the blockchain community
At infinitybloc the big picture for us is enabling decentralized economies that are fairer and more open than ever before. Providing a trusted block producer for networks like Telos and now WORBLI is our first step to achieving this. Whilst being blockchain agnostic we see EOSIO based chains like Worbli, Telos and EOS as the leading contenders in achieving decentralized economy goals. Other blockchain technology does not have the transaction speed, scalability, flexibility, and programmability of EOSIO.