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跨行业的数字合规解决方案，通过自动化可重复的步骤，大大降低合规流程的复杂性，提高效率；使用区块链技术。相互交易的企业通常会对彼此进行尽职调查。这种尽职调查需要验证身份和证书，以确保组织是合法和低风险的。传统的尽职调查流程是一项繁琐、手动且耗时的工作，并且因组织而异；使流程重复且成本高昂。Umazi通过利用分布式账本技术创建加密安全的企业身份，简化了尽职调查过程。分布式账本为企业控制和共享其身份提供了一种安全和不可变的方式。这个过程变得自动化和流线型。对于受金融监管的机构来说，这意味着更好的法规遵从性，更少的监管、运营和声誉风险，以及改善的KYC（企业客户）和与客户的入职体验。除此之外，还可以显著节省后台成本。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业外包协议；Umazi的解决方案对所有人都是一样的。该解决方案为经过验证的企业身份提供了交换，而不受行业、国家或语言的限制。尽职调查是潜在投资者或买家在进行商业交易之前对企业进行的全面评估。如果你是收购或投资的一方，你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。法律要求受金融监管的机构（如银行、保险公司、律师事务所、房地产等）对客户进行尽职调查和风险评估。一级银行每年花费成本的15%用于合规。由于入职摩擦，这些机构失去了约10%的客户。2012年，美国财政部金融犯罪执法网络（Financial Crimes Enforcement Network）宣布，将制定一项新的尽职调查规则，强制收集最终受益所有人的信息。​这些信息向公众公布一个月后，美国财政部发布了《客户尽职调查规则》（Customer Due Diligence Rule）。这些事件引发了一场加强企业尽职调查的全球竞赛，这种尽职调查与行业无关、跨司法管辖区、不受语言影响。

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.