Case study

Astra Protocol

KYC for Web3

Industry:

Blockchain & Web3

Region:

Worldwide

Contributed Competencies:

Blockchain

Introduction:

Compliance-Solution for Onboarding the Next Billion Users in Web3

Astra Protocol represents the next generation of compliance solutions, offering a decentralized KYC platform for Web3. The developed application integrates financial regulatory standards from over 150 countries as well as more than 300 sanctions and watchlists into the cryptocurrency industry.

In collaboration with DevelopX, Astra Protocol has been able to implement a web portal that integrates with the KYC API via the Ethereum blockchain. This enables the verification of the reliability of transactions and business parties within Web3. The portal promotes trust and security through biometric authentication and a blockchain-based rating system. Each party and transaction receives a score, which can be used in future exchanges.

DevelopX Solution

Development of a globally compliant KYC blockchain portal:

Our approach:

  • Development of a web portal with blockchain integration
  • Integration of KYC-API via the Ethereum blockchain
  • Implementing user-friendly UX/UI

Our Result:

  • Web portal with blockchain integration
  • KYC verification with global compliance
  • Integration of financial regulatory standards from 150 countries and 300 sanctions and watchlists
Astra Protocol

Feel free to contact us

Managing Partner

Konrad Hintermair

Contact us About Konrad

Konrad is one of the founders of DevelopX and leads the company as Managing Partner. He founded DevelopX in 2019 as a partner of TruVenturo, one of Europe’s leading company builders in the digital space. Prior to founding DevelopX, Konrad was responsible for founding and scaling several tech startups at TruVenturo and realized several successful exits.

After studying materials science, Konrad worked for several years as an Engagement Manager at McKinsey & Company in Hamburg, advising companies in the manufacturing, high tech and chemicals sectors. Konrad holds an MBA from IESE Business School in Barcelona and lives in Hamburg.

As an engineer and passionate entrepreneur, Konrad works with companies in the energy, industrials and logistics sectors and advises our private equity clients in due diligence or portfolio optimization.

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