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Wecan Comply

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Category: Onchain Compliance and Investigations

Description

Wecan Comply is Wecan’s shared KYC/KYB network for banks, asset managers, and their counterparties. Each entity maintains a structured due-diligence file containing identity, beneficial-owner, regulatory, signatory, and document data, then grants authorised banks access. Updates notify authorised counterparties automatically, while explicit, revocable consent and blockchain-anchored append-only records provide an audit trail. It is distinct from Wecan’s Compliance Automation Platform, which automates extraction, screening, scoring, and review within institutions.