The future of private capital markets: Discover KORE ID

Kore has always been dedicated to advancing the technology landscape of private capital markets. Today, we’re unveiling a major enhancement to our platform— KoreID.

KoreID offers a streamlined, secure, and effective method for both investors and broker-dealers to access opportunities in private capital markets.

What is the KoreID platform?

KoreID is like a passport for private capital markets, allowing investors to log into multiple centralized or decentralized platforms without the need to repeatedly enter personal information. Here’s how KoreID stands out:

• 1. Reduce investor fatigue: Eliminates the need for repetitive data entry, making the investment journey more straightforward and less tedious.
• 2. Simplify the investment process: Streamlines onboarding and compliance steps, allowing investors to focus on opportunities rather than paperwork
• 3. Save time and attract more investors: Speeds up access to investment platforms, encouraging more participation by creating an easy user-experience.

By addressing the core pain points of fragmented systems, slow onboarding, and repetitive compliance checks, KoreID is setting a new standard for investor convenience and operational speed.

This means a smoother experience, not just for the companies and investors, but also for the brokers who facilitate these transactions. It all ends in a positive loop, reducing the headaches associated with multiple logins and repetitive data entry.

How does KoreID work?

When an individual with a KoreID visits a participating platform within the Kore ecosystem – such as a company investment website, an SEC-Registered funding platform, a broker-dealer website, or a bank – the regulated investment forms can be filled in almost instantaneously. 

The platform automatically detects the KoreID and prompts the user for their credentials. All information is only provided as needed and as authorized by the individual. All of this happens securely within Kore’s KoreChain, the first SEC permission-based blockchain.

Is KoreID safe?

Yes, KoreID is a secure platform. All information is stored and transferred securely within KoreChain. To ensure compliance and security, companies participating in the KoreID ecosystem must meet strict requirements. For example:

• Companies must show their SEC filings.
• Broker-dealers must show their CRD registration.
• Banks and funding portals must be in good standing with FINRA.

8 Things You Need to Know About the KoreID platform: Essential Benefits for Investors, Companies, and Broker-Dealers

Whether you’re an investor seeking greater control over your portfolio or a financial intermediary looking to streamline client engagement, understanding how KoreID can optimize your operations is a good start. 

Below, we explore key benefits of KoreID that every investor, company and ,broker-dealer should know about.

For Investors:

1. Increased Adaptability: KoreID allows users to interact with various platforms without the need for repeated authentication, providing greater control over investment activities.
2. Boosted Productivity: Transferring KYC information between platforms becomes much more straightforward, enabling quicker entry into new financial opportunities and reducing repetitive tasks.
3. Better Clarity: Investors benefit from a unified view of their complete investment records, aiding in more informed portfolio management and decision-making.

For Companies 

1. Accelerated Investor Onboarding: KoreID streamlines the KYC process, enabling faster onboarding of investors, which means less waiting time and a quicker path to capital raise.
2. Access to a Broader Investor Base: With simplified compliance and automated processes, companies can engage with a larger pool of potential investors from different regions, increasing their funding opportunities.
3. Enhanced Data Security: KoreID ensures that sensitive investor data is securely stored and transmitted, reducing risks of breaches and enhancing trust with stakeholders.

For broker-dealers:

1. Accelerated Client Registration: KoreID automates the KYC and compliance processes, significantly speeding up client onboarding and broadening market involvement.
2. Strengthened Client Relations: The user-friendly experience provided by KoreID supports intermediaries in building more meaningful connections with clients and encourages higher levels of investment activity.

Cost Savings for all the participants: Use Your Money Smart

KoreID delivers significant cost savings across the board, empowering investors, broker-dealers, and companies to make the most of their financial resources. By streamlining KYC processes, automating compliance tasks, and enhancing data security, KoreID helps you focus on growth and opportunity rather than spending on administrative overhead. Invest smartly, save wisely, and see the benefits flow throughout your entire financial ecosystem.

Discover more about how KoreID can help you optimize your operations at KoreID.

KoreID: From Beta Stage to the Future of Private Markets

The KoreID platform has been successfully beta tested by over 275,000 users, receiving positive feedback for its interface and integration capabilities. This marks a significant evolution in private capital markets, providing scalable and compliant solutions that fuel growth and open new opportunities.

Kore is committed to refining KoreID based on user input and industry trends, aiming to make private markets more accessible and efficient for all the participants.

We’re excited to lead this transformation, creating a future where accessing and managing investments is more intuitive, efficient, and interconnected.

Join us in transforming private capital markets! Sign up for KoreID today and experience the future of investment management.