KYC & Voting PLATFORM
Thrupny Proposal
An investment in a SaaS Know Your Customer (KYC) and Electronic Voting Stand-Alone Business to disrupt the market and ramp-up revenue for our clients, based on three years of development.

The problem with KYC
Limited Autentication
Many systems base themselves only on authenticating documents and expensive black lists, not leveraging AI.
Previous Generation Technology
Many KYC services are using costly and complex technology from 5 or more years ago.
Time and Resource Consuming
Most KYC services require extensive integrations to align with corporate requirements.
Lack of Reusability
Identification of a user is usually restricted to one company or service.
Expensive
KYC services come from banking solutions and are not adapted to more granular services, therefore, they are expensive with significant setup and per validation costs. Also, the AML lists are a significant cost.
Potential for Fraud
Voting Issues and why go electronic now?
- TRUST: the usage of devices for banking and government services has led to trust in their capability, security
- RESILIENCE: The need for resilient digital systems is evident
- INCLUSION: Globally youth, elderly, disadvantaged people are disenfranchised
- EFFICIENCY: Companies and governments are looking at costs in a post pandemic market
- HEALTH: COVID-19 has audited the negative aspects of travel, health, environment of gatherings
The Market Growth
The KYC Market Globally
- 2019 €1.33 BN
%
CAGR +
- 2024 €3.2 BN
The Voting Market Globally
- 2019 $18 BN
%
CAGR +
- 2026 $34 BN
Current market KYC players
Several other providers exist in the market, generally with higher pricing or lower onboarding speeds than we are proposing. The below and several others may be exit targets.

Provides SaaS. No self-service onboarding. Per-client pricing.

Provides complete bank-grade offering. No self-service onboarding. Per-client pricing.

Provides complete bank-grade offering. Minimum transaction requirements are not suitable for marketing or investment campaigns. Private pricing.
Our Unique Proposition
%
REDUCTION IN IMPLEMENTATION COSTS
%
REDUCTION IN COSTS PER IDENTITY VALIDATION
MARKUP IN CURRENT MARKET
%
FUTURE PROOFING TO COMING DIGITAL IDENTITY
KYC Transparency Algorithm
Point in Time Recognition
1. Face Recognition
2. Document Recognition
3. Face vs Document
4. AML/PEP
PiTR Identity Output
PiTR Identity Output
5. Voluntary SSO
6. Open Data
7. Decentralised Sources
8. Location Research
Historical Identity
Identity Likelihood of Truth
Our added value is to join multiple technology threads and in so doing disrupt both the KYC market and e-voting
Voting: a unique solution
Cost Drivers
%
Technology
R&D, Innovations, and Development
%
Marketing & Sales
Digital Marketing and P2P Sales
%
Operation
Finance, Admin, Tech Operation, and Management/Strategy.
Revenue Streams
%
SAAS KYC TRANSACTIONS
Packages sold online.
Marketed via digital marketing and P2P.
%
B2B DIRECT SALES
Packages sold directly to companies.
P2P Marketing
%
TOKEN SALE PLATFORM
KYC included in token platform
P2P Marketing by partners
BUSINESS CASE CASHFLOW
Review our 5 year business case
Timeline
Future plans on KYC platform development.

START IN 2020
Establish KYC as the principal activity of the business and market the KYC SaaS Platform.

2021
Launch vertical segments and partner with global representatives.

2022
Launch Multiple Physical Locations, Global Products.
What will we spend the money on?
TECHNOLOGY BUILD
Build out the technology feature roadmap, such as deep fake detection and AI algorithms
CREATE SaaS PLATFORM
Build online sales channel, including self service
ONLINE MARKETING
Build outsourced team, spend on marketing assets and communication channels
BUILD TEAM
Expand business development, marketing and operation capabilities
Thrupny IOT Voting Sensors and Devices
-
We plan multiple physical devices to help make blockchain backed voting possible over multiple use cases
-
Leveraging all the KYC and eVoting app capabilities, the devices will enable in person voting at locations
-
Additionally sensors in consumers devices will be used to certify voting activity
HARDENED, SIMPLIFIED AND BLOCKCHAIN CONNECTED ANDROID TABLET FOR POLLING BOOTHS
- MADE WITH STANDARD, COMMODITISED HARDWARE
- Self booting, operating
- Blockchain recorded authentication of device and location
- Custom blockchain based device IOT signature wallet – no people are required
PEOPLE COUNTING SENSORS FOR POLLING BOOTHS
-
Ensures likelihood that tablet votes were possible
-
Recognise people but does not identity, can optionally do so
-
Made with standard, commoditised hardware
-
Self booting, operating
-
Blockchain recorded authentication of device and location
-
Custom blockchain based device IOT signature wallet – people ONLY required to position device
-
Networks locally with tablet to assure location
VOTING APP with BLE HOTSPOTS
-
Uses sensors of standard Costumer devices plus Bluetooth LE hot spots
-
Allows for virtual polling booths to be set up in many more places e.g. metro stations
-
Virtual voting booth provide an increased security factor
-
Can be used in conjunction with BLE Hotspots and other devices or separately
Meet our team

Andrew Rippon
FOUNDER
28 years of digital transformation consulting and delivery. Blockchain platforms delivered for government, fundraising and KYC, among others.

Oleg Dmytruk
DEVELOPMENT LEAD

Daniil Neverodskyi
DESIGN LEAD & TPMs

Raluca Ciobanu
PROJECT MANAGER