Accredify, a Singapore-based blockchain verification technology solutions company, completed a US$7 million Series A financing, co-led by iGlobe Partners and SIG Venture Capital, with participation from Pavilion Capital and Qualgro. Accredify verifies by creating identities for users on the blockchain (mainly Ethereum), the platform creates a smart wallet or file storage, and manages the private and public keys for the client, and finally extracts through the dashboard or API integration data.

As of now, Accredify has performed 12 million verifications on 2 million issued documents, serving 600 users. Accredify starts by working with educational institutions to prevent the use of fake degrees and certificates. It then started to expand to other use cases, including company registration and healthcare. Accredify has offices in Singapore and Australia, and plans to double down on the latter country by hiring more people.

Accredify, a Singapore-based blockchain verification technology solutions company, completed a US$7 million Series A financing, co-led by iGlobe Partners and SIG Venture Capital, with participation from Pavilion Capital and Qualgro. Accredify verifies by creating identities for users on the blockchain (mainly Ethereum), the platform creates a smart wallet or file storage, and manages the private and public keys for the client, and finally extracts through the dashboard or API integration data.

As of now, Accredify has performed 12 million verifications on 2 million issued documents, serving 600 users. Accredify starts by working with educational institutions to prevent the use of fake degrees and certificates. It then started to expand to other use cases, including company registration and healthcare. Accredify has offices in Singapore and Australia, and plans to double down on the latter country by hiring more people.