Scopic
94 Case Studies
A Scopic Case Study
Commercial Passport, a financial software provider, faced the challenge of outdated and inefficient Know Your Customer (KYC) processes that were slow, expensive, and insecure due to reliance on physical paperwork. Founder Kennedy had a vision to create a global digital solution but lacked a market reference for implementation. They partnered with the vendor Scopic to develop innovative software to address this.
Scopic built the world's first digital global KYC software for Commercial Passport, utilizing blockchain for security and algorithms to accommodate international legal systems. Within one year, Scopic delivered a fully-functional product that streamlined document certification and sharing. Following the successful release, Scopic implemented eight major updates, putting Commercial Passport on the path to replacing outdated paper-based processes across the global finance industry.