Shufti Partners with Morpheus Labs to Expand Identity Verification in Blockchain Market

London UK- Shufti, a marketing leader in identity verification services has partnered with Morpheus Labs to amplify their identity verification and AML solutions in the blockchain market. 

Morpheus Labs has recently launched its platform v2.0 (Morpheus Labs SEED) in June with enhanced features and applications for both developers and enterprise clients, providing an end-to-end development environment to build and deploy blockchain-based solutions. The one-stop, low code development platform extended  Shufti’s AI-powered identity verification solution to their platform users while developing dAPP solutions and Shufti’s solution could be a part of their offerings. Shufti offers their clients an opportunity to fight fraud in this partnership, especially where eKYC and AML services are essentially needed in the blockchain space. 

Talking about their experience of using Shufti’s services, CIO of Morpheus Labs, Dorel D. Burcea said; “Shufti has helped Morpheus Labs and our platform users to save a lot of time and resources in the identity verification process that we’d have required to conduct frequently in the blockchain space. It is comprehensive, fast, and easy to use.”

Both the companies are known for their innovative and highly efficient services and this partnership will enhance the market outreach of both entities.

“Morpheus Labs SEED comes with the bundled benefits of integrated services to facilitate rapid development, build and run solutions on blockchain. The Shufti’s real-time Identity Verification and AML screening is an extended service on the ML SEED platform and through this partnership, now we are able to expand its ID verification capabilities to the blockchain market. We see a possibility to onboard thousands of users rapidly in bounty campaigns and now are going to be used for community-related initiatives.” – Dorel D. Burcea, CIO of Morpheus Labs.

Shufti is known for creating value for its customers and offering partnerships to clients and tech businesses will enhance the growth of the identity verification industry and the company itself.

Talking about this partnership, CEO of Shufti, Victor Fredung said: “Team Shufti is honored to join hands with Morpheus Labs and expand our eKYC and ID verification solution to the blockchain space. KYC verification and AML screening solutions are a necessity that every industry needs to comply with. Through our partnership, we offer everyone an opportunity to spread awareness about the significance of identity verification and the regulatory needs that come with it. This partnership can mutually benefit both companies.”  

About Morpheus Labs

Morpheus Labs​ provides businesses with an end-to-end Blockchain-Platform-As-A-Service (BPaaS) solution for innovation and value creation. They simplify blockchain application development by offering mission-critical tools, infrastructure, various blockchain protocols, experiment, and manage their own applications effortlessly at minimal cost and time. With a cross-functional team that has a combined 70 years’ experience in artificial intelligence, blockchain, mobile applications, cybersecurity, and IoT across Europe and Asia. 

For more information, visit https://morpheuslabs.io.

About Shufti 

Shufti is a global identity verification service provider that offers KYC and AML services. It uses both human intelligence and artificial intelligence in its technology to provide state of the art KYC and AML services. Shufti provides an accuracy rate of 98.67%. It has verified users in 232 countries and territories. Shufti is one of its kind identity verification companies that provides multi-layered risk cover at affordable prices.