Blockchain Financial Services start-up creates tokenized biometrically-validated KYC and AML for ID and crypto wallets via mobile and online devices

Toronto, Ontario–(Newsfile Corp. – February 28, 2018) – Crypto KABN Holdings Inc. (“Crypto KABN” or the “Company”) an innovator in financial services, technologies and products for the blockchain industry, is pleased to announce that it is launching a revolutionary Blockchain-enabled biometric validation platform, called ID KABN, as the first component of its suite of financial and technology services, at the FFCON18: Velocity Conference in Toronto on March 5, 2018.

ID KABN simplifies Blockchain attestation, the process of validating that information provided to support identification verification is truthful. This can minimize and / or eliminate fraudulent activity. According to Nilson Report, published in October 2016, credit card fraud worldwide totaled $21.84 Billion in 2015.

“ID KABN allows consumers and vendors to engage in a trusted manner, where each party can effectively guarantee the user’s identity,” said Mr. Ben Kessler, CEO — Crypto KABN. “ID KABN verification and registry services can be used whenever immutable information is required. Initially, we are focused on delivering solutions for the financial services sector; however, we are evaluating government, healthcare, and other sectors,”

Javelin Strategy & Research reported in 2016 /2017 that identity theft, as a form of fraud that often results in unauthorized credit card and debit card transactions, was at a 6-year peak at 15.4 Million in 2016, up 6.7% from 2015. The ID KABN solution can potentially minimize and / or eliminate this and other types of fraudulent activity, including eCommerce fraud, as it provides a compliant, KYC / AML biometrically-enhanced user identification.

ID KABN provides consumers with an easy-to-use biometric identity and third parties whitelisted registries. Users can scan any one of up to 1,600 documents from over 180 countries, which can then be instantly validated and combined with personal biometric ID Keys, including face, fingerprint, voice print, video print and digital signature, to create a unique and immutable record of an individual’s identification.

ID KABN provides:

  • Biometric ID validation and full KYC (Know You Customer) and AML (Anti-Money Laundering) verification that is appended to their ID KABN identity.
  • Whitelisted jurisdictional registries that can be used by third-parties to instantly verify the consumer.
  • Crypto wallet integration, allowing users to both validate their identity and wallet for seamless integration into select cryptocurrency and exchange offerings.

The ID KABN solution is compliant with PII and GDPR protocols.

“While many existing attestation solutions use schemes that allow users to see what kind of authorization they are giving to a third-party application, ID KABN allows the consumer to control their identity through biometric data and third parties to access any verification through smartcontract registries.” says Gary Schwartz, Managing Director of Pegasus Fintech, Inc. a leading accelerator in the blockchain space. Gary will be presenting ID KABN and leading a panel of Blockchain experts at the FFCON18 conference.

About FFCON18: Velocity

FFCON18: Velocity, presented by the NCFA ( focused on blockchain, cryptocurrency and alternative investing and will be held on March 5-6 in downtown Toronto at the Design Exchange and partner sites. FFCON18: Velocity is the expanded 4th annual of Canada’s leading financial technology and funding conference. brings together leaders and decision makers at the intersection of finance, technology, entrepreneurship, innovation, investors, and global digital communities.

About Crypto KABN Holdings Inc. (Crypto KABN)

Crypto KABN is an innovator in financial services, technologies and products for the blockchain industry. Our mission is to disrupt traditional thinking about solutions for identity verification, storage and financial card services by providing meaningful and relevant products and services to accelerate adoption of blockchain-based solutions.

The Crypto KABN suite of solutions include:

IDKABN — Biometric Identification and validation
Hot KABN — Active storage solutions for blockchain-based data
Cold KABN — Offline storage solutions for blockchain-based data
Card KABN — Interactive financial solutions for cryptocurrency and fiat programs

For Further Information, please contact:

Mr. Ben Kessler, CEO
Crypto KABN Holdings Inc.

Mr. Gary Schwartz, Managing Director
Pegasus Fintech, Inc.

Contact Us

Whether you have a question about one of our services, have a general inquiry, or want to know more about KABN services and the Token Offering, we would be glad to answer your questions.


Nothing in this Website shall be deemed to constitute a prospectus of any sort or a solicitation for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. This document is not composed in accordance with, and is not subject to, laws or regulations of any jurisdiction which prohibits or in any manner restricts transactions in respect of, or with use of, digital tokens.

The information set forth in this Website may not be exhaustive and does not imply any elements of a contractual relationship. The content of this Website is not binding on the Company and the Company reserves the right to change, modify, add, or remove portions of this Website for any reason at any time before, during and after the sale of tokens by updating an amended Website. This Website does not constitute an investment, legal, tax, regulatory, financial, accounting or other advice, and this Website is not intended to provide the sole basis for any evaluation of a transaction on acquiring of the tokens and is expressly not incorporated by reference into any securities offering or similar documents. Prior to acquiring the tokens, a prospective purchaser should consult with his/her own legal, investment, tax, accounting, and other advisors to determine the potential benefits, burdens, and other consequences of such transaction. The Company is under no obligation to update the Website or modify the Website for any inconsistencies or for material changes to the information.

The token is not a digital currency, security, commodity, or any other kind of financial instrument and has not been registered under the Securities Act of 1933, as amended, the securities laws of any State of the United States of America or the securities laws of any other country, including the securities laws of any jurisdiction in which a potential token holder is a resident. The tokens are not being offered or distributed to, as well as cannot be resold or otherwise alienated by their holders to, citizens of, natural and legal persons, having their habitual residence, location or their seat of incorporation in the country or territory where transactions with tokens are prohibited or in any manner restricted by applicable laws or regulations. If such restricted person purchases the tokens, such restricted person has done so on an unlawful, unauthorized and fraudulent basis and in this regard, shall bear negative consequences.

The Company neither offers or distributes the tokens nor carries on a business (activity) in any regulated activity in the United States, or in other countries and territories where transactions in respect of, or with use of, tokens fall under the restrictive regulations or require from the Company to be registered or licensed with any applicable governmental authorities. Each purchaser of the tokens is reminded that this Website has been presented to him/her on the basis that he/she is a person into whose attention the document may be lawfully presented in accordance with the laws of the purchaser’s jurisdiction. It is the responsibility of each potential purchaser of the tokens to determine if the purchaser can legally purchase the tokens in the purchaser’s jurisdiction and whether the purchaser can then resell the tokens to another purchaser in any given jurisdiction.

Certain statements, estimates and financial information contained in this Website constitute forward-looking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forward-looking statements or information. The English language Website is the primary official source of information about the project. The information contained in English language Website may from time to time be translated into other languages. In the course of such translation some of the information contained in the English language Website may be lost, corrupted or misrepresented. The accuracy of such alternative communications cannot be guaranteed. In the event of any conflicts or inconsistencies between such translations and the official English language Website, the provisions of the English language original document shall prevail.