CherryChain Srl
Stand B04

CherryChain Srl

Simplifying and strengthening digital trust while saving time

Start-up of Trentino Sviluppo

Trentino Sviluppo

Start-up

www.cherrychain.it
info@cherrychain.it

Via Sommarive c/o Fondazione Bruno Kessler,  18
Trento  (Trento) — 38123 — Italia
Phone 3479041012

Description

CherryChain is a partner that provides research, development, and software production services based on Blockchain, Distributed Ledger Technology (DLT), and Smart Contracts for the digitization of relationships between businesses, institutions, and individuals (such as end users and citizens).

It is a Fintech company that responds to the growing need to transform the singles relationship between a company and its clients into a digital ecosystem of relationships. In this ecosystem, operators such as banks, insurance companies, telecommunications companies, utilities, and public administrations must deal with the ongoing costs associated with regulatory pressures, ranging from GDPR to anti-money laundering, which impact the processes of customer acquisition and risk assessment.


Our products

Onboarding CIE 3.0

Onboarding CIE 3.0

Onboarding CIE 3.0 is an innovative solution that enables the digitalization of onboarding processes using digital identification tools such as Electronic Identity Card 3.0 and Electronic Passport. The solution simplifies the process by eliminating the need for paper documents, providing secure and reliable document verification while reducing time and costs for businesses and offering users a fast and secure onboarding experience. It also enables greater GDPR compliance, decreases reliance on third parties and manages the governance of data collection and analysis processes.
Onboarding Know Your Customer (OKYC)

Onboarding Know Your Customer (OKYC)

Onboarding Know Your Customer (OKYC) is a Blockchain-based solution that enables independent operators to become custodians of their customers' data and documents and enable the secure and tracked exchange of information for risk profile assessment when opening new contracts, as well as keeping it up-to-date. For the end user, it is a dynamic and rewarding identity management application. The solution, tested in 2023 in regulatory SandBox at the Bank of Italy, enables the exchange of data and documents between financial and non-financial operators with significant savings in time, resources and procedures for AML verification and onboarding of new customers, in compliance with the main European regulations eIDAS, GDPR, AML and PSD2. The solution is aimed at other companies (B2B). In particular to operators practicing KYC in the opening of relationships such as Telco, Utilities, Banks, Insurance and PA.

Our video