DigitalX has leveraged Blockchain technology and the secure ledger system to create patent pending technology called AirID. AirID forms the backbone of the transaction system for AirPocket, a remittance application designed to provide consumers the ability to securely and cost-effectively make cross border payments. AirID allows sharing of limited chronological sets of payment records, cryptographically linked on the blockchain, allowing a new form of credit verification. Beyond it’s use in AirPocket, AirID has applications in invoice factoring, supply chain management, academic and professional credentials management, micro-lending, real-time AML compliance and anti-fraud monitoring, trade finance.
Primary activity and other services:
Client and Counterparty Identification