Developing a cross-industry digital compliance solution to revolutionise, democratise and streamline corporate due diligence for businesses

Umazi正在寻求为机构提供一个跨行业的数字合规解决方案，通过使用区块链技术自动化可重复的步骤，大大降低合规流程的复杂性并提高效率。相互交易的企业经常相互进行尽职调查。这种尽职调查需要验证身份和证书，确保组织合法且风险低。传统的尽职调查流程繁琐、手动且耗时，并且因组织而异;这使得该流程重复且成本高昂。Umazi通过利用分布式账本技术来创建加密安全的企业身份，从而简化了尽职调查流程。分布式账本为企业提供了一种安全和不可变的方式来控制和共享他们的身份。这一过程实现了自动化和简化。对于受金融监管的机构来说，这意味着更好的合规性，更低的监管、运营和声誉风险，以及更好的KYC（企业客户）和客户入职体验。这些好处适用于所有需要验证贸易伙伴身份的行业，例如大型企业合作伙伴关系和制造外包协议; Umazi的解决方案适用于所有行业。该解决方案提供了一个经过验证的企业身份的交换，无论行业，国家或语言。尽职调查是潜在投资者或买家在进行商业交易之前对业务进行的全面评估。如果您是购买或投资的一方，您的律师将审查目标公司的资产和负债、结构、运营和业务关系。金融监管机构（如银行、保险公司、律师事务所、房地产等）法律要求对客户进行尽职调查和风险评估。一级银行每年将15%的成本用于合规。这些机构由于入职摩擦而失去了约10%的客户。2012年，美国财政部金融犯罪执法网络宣布了一项新的尽职调查规则，该规则将强制收集最终受益所有权信息。2016年4月巴拿马文件的发布加速了这一进程，当时这一宝库中包含的数百万份泄露文件详细说明了离岸空壳公司如何被用于洗钱，逃税和其他非法目的。在它们向公众发布一个月后，美国财政部发布了其客户尽职调查规则。这些事件激发了一场增强企业尽职调查的全球竞赛，这种尽职调查不受行业、跨司法管辖区和语言的限制。

Umazi is seeking to provide institutions with a cross-industry digital compliance solution that drastically reduces the complexity of compliance processes and improves efficiency by automating repeatable steps; using blockchain technology.Businesses that transact with each other often conduct due diligence on each other. This due diligence requires the verification of identity and credentials, making sure the organisation is legitimate and low-risk. Traditional due diligence processes are a cumbersome, manual, time-consuming exercise, and vary from organisation to organisation; making the process repetitive and costly.Umazi simplifies the due diligence process by leveraging distributed ledger technology to create a cryptographically secure corporate identity. The distributed ledger facilitates a secure and immutable way for the corporate to control and share their identity. The process becomes automated and streamlined. For financially regulated institutions this means better regulatory compliance, less regulatory, operational and reputational risk and improved KYC (corporate customers) and onboarding experience with customers. Alongside, significant back-office cost-savings.These benefits apply across all industries where it's important to verify the identity of your trading partner, such as large corporate partnerships and manufacturing outsource agreements; Umazi's solution is the same for all of them. The solution provides an exchange for a verified corporate identity, regardless of industry, country or language.Due diligence is a thorough appraisal of a business that a potential investor or buyer will undertake before engaging in a business deal. If you're the party doing the buying or investing, your lawyer will review the target company's assets & liabilities, structure, operations and business relationships.Financially regulated institutions (e.g. banks, insurers, law firms, real-estate, etc.) are required by law to conduct due diligence and risk assessments on clients. Tier-1 banks spend 15% of their costs/year on compliance. These institutions lose ~10% of customers due to onboarding friction. In 2012, the US Treasury's Financial Crimes Enforcement Network announced work on a new due diligence rule that would compel collection of ultimate beneficial ownership information. The publication of the Panama Papers in April 2016 accelerated the process, when the millions of leaked documents included in this trove detailed how offshore shell corporations have been used for money laundering, tax evasion and other illegal purposes. One month after they were released to the public, the US Treasury issued its Customer Due Diligence Rule. These events have spurred a global race for enhanced corporate due diligence that is sector-agnostic, cross-jurisdictional and independent of language.