Clears

Clears

Created using Figma
Created using Figma

Last Update

Jun 19, 2018

CLEARS is a technology based on the Ethereum block chain that provides a scalable and personalized Know Your Client (KYC) process and guarantees data integrity. The platform is extremely viable as it limits the associated losses due to hacking and money laundry because it is easy for KYC process and data integrity for most companies.
Risk: Very High
Public Sale
Oct 1, 2018
Oct 26, 2018
100% completed
Raised funds - no Data
past
Pre-sale
Apr 9, 2018
Sep 7, 2018
100% completed
$4 855 011
hard cap
cap
51% hard cap completed
Cap 25 000.00 ETH
Hard cap 50 000.00 ETH
past
Token Details
Ticker
CLRS
Accepted Currencies
ETH
Company Details
Registered Country
Canada
Additional Details
Platform
Ethereum
KYC
Yes

About Clears

KYC—or Know Your Customer—is a critical process for all financial companies dealing with international investors, shareholders and customers. Clears is a technology based on the Ethereum blockchain offering a scalable and personalized KYC process. It aims to expedite the acquisition and delivery of required information to companies and regulators around the world, simultaneously improving the user experience by increasing security of sensitive personal data while lowering the cost.

Today, most companies use proprietary and standardized KYC processes, requesting every new customer to submit an ID and a document certifying their current address. Only after a successful customer authentication has occurred are companies allowed to do business with a user. The data being used in a  standard KYC process is often extremely fragmented, and there is no guarantee that the user completing the KYC is the legitimate ID holder. Additionally, many KYCs processes are unnecessarily complex in that the amount of documentation needed exceeds legal requirements for a given operation.

Ironically, the same crypto-technology companies at the forefront of blockchain innovation are using archaic and unsecured KYC processes.

The global banking industry combined with the top five Asian markets constitute a 1.5 billion dollar yearly market, according to LexisNexis risk solutions. But the KYC market goes far beyond the banking industry and is so large it’s difficult to estimate the market size using publicly accessible data.

In the immediate future, Clears will focus its efforts of serving rapidly growing ICOs, Fintech and Cryptocurrency marketplaces.

Currently, there are more than a thousand ICOs yearly. Every ICO requires anywhere from 1000 to 50000 KYCs. This tiny fraction of the market represents $50M in potential revenue, a number that is expected to rise exponentially as cryptocurrencies gain mainstream popularity.

There are also more than 10,000 crypto related marketplaces and exchanges on-boarding thousand of new users daily. Each new user requires a KYC.

Clears aims to be the standard KYC in the rapidly growing ICO market, expanding to serve all industries that require identity checks and KYC processing. We are confident that users will specifically request that Clears processes their KYCs due to its convenience and enhanced security.

Clears Roadmap

  • February 22nd

  • Private sale starts
  • April 9th

  • Pre-sale starts
  • September 7th

  • Pre-sale ends
  • October 1st

  • Public sale starts
  • Read More
  • October 26th

  • Public sale ends
  • September 1st

  • Beta launch with 10 companies partners
  • October 1st

  • Agents onboarding starts with marketing around the world
  • Q4

  • CLRS mobile apps launch
  • December 1st

  • 10 cities available around the world for agent based document verification
  • February 1st

  • Product launch
  • End of 2019

  • All major cities (> 1M people) covered by agent verification

Activity

Activity:
13
VERY LOW
Posts:
8
VERY LOW
Views:
107
VERY LOW
Followers:
4 059
MEDIUM
Tweets:
73
LOW
30 Days Growth:
-35
Members:
3 714
MEDIUM
30 Days Growth:
-314
Year commits:
0
Watchers:
0
Stars:
2
Forks:
0
Open issues:
0

Clears Team

Verified 100%

Florian Seroussi
Co-founder & CEO
verified
Alexandre Gonzales
Co-founder & CTO
verified
Cecily Haubner
CMO
verified
Brian Coulombe
CMO
verified
Jack Currier
Principal Architect
verified
Remy Wilders
Compilance director
verified
Yannick Lescure
Project manager
verified

Advisors

Verified 57%

Attention. There is a risk that unverified members are not actually members of the team

7 ICO

$95 763 284

Jeff Pulver
Advisor
unverified

4 ICO

$50 038 332

Steven Nerayoff
Advisor
unverified

2 ICO

$51 693 901

Jeremy Bokobza
Advisor
verified

5 ICO

$8 400 000

Jun Hao
Advisor
verified
Thomas Power
Advisor
verified
Joseph Steinberg
Advisor
verified
Minh Tran
Advisor
unverified

Former members

Joan Gonzalez
Designer
Simon Guigue
Content Editor
Hoa Vinh Diet
Advisor

Clears Interviews

Florian Seroussi
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
We have the solution to an increasing problem touching everyone in the crypto community. Try us.
Alexandre Gonzales
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
CTO
Cecily Haubner
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Clears is a simple, intuitive product that's a no brainer for the crypto space + beyond. I'm thrilled to be part of the founding team.
Brian Coulombe
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Helping launch the most secure, fastest and cost effective KYC solution EVER.
Jack Currier
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Principal Architect
Jeremy Bokobza
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Happy to be part of the team that is going to streamline the KYC process for everybody.
Remy Wilders
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As compliance director I am particularly aware of the ever increasing impact that regulations are having on the cryptocurrencies. In this heavily international business very few companies will be able to prosper without a solid regulation partner who can help them not just with the pain of a KYC but also with the privacy constraints and the potential audits down the road.
Clears has both a very strong value proposition and an excellent team for building a leader in this area.
Yannick Lescure
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Accomplished Project Manager. Yannick has been working in the several industries since 2008 which makes him a polyvalent asset.
Jun Hao
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am the advisor for marketing for this project!
Thomas Power
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
advisor and tweeter
Joseph Steinberg
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Member of the Advisory Board

Clears Last News

2.36
negative
5.0 13
ICO Profile Vision Activity Potential Product Team

Clears Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

CLEARS is a technology based on the Ethereum blockchain offering a scalable and personalized Know Your Client (KYC) process hence guaranteeing data integrity.

PROS:

  • Faster processing: The platform completes the KYC process faster  by taking less than 30 minutes once all the documents from the users  have  been submitted   and when the user has already completed the KYC  the process is instant
  • Security:  The platform ensures that each KYC is encrypted  and hosted by clears  and no data is shared  with anyone as a hash of the data is stored in the blockchain to ensure data integrity
  • Cost-effective: Through the use of the same data repeatedly the platform reduces  the cost of a KYC process substantially
  • Legitimate: The platform can process KYCs around the globe in accordance to the local or international  regulations creating trust from its use
  • Simplicity: The platform ensures that adding a KYC process to any website is as simple  as implementing Google Analytics  since it requires a single code to start  the process
  • The platform white paper is elaborate giving adequate application cases of the project use in promoting  data integrity
  • The platform has a credible team led by the CEO Florian Seroussi who is a global investor  having initial over thirty investments making the project implementation easier

CONS:

  • The amount raised by the CLRS token in the pre-sale stage lacks any insurance and warranty hence can be easily lost
  • The platform white paper doesn’t bear the team involved with adequate information on their profile
  • The platform’s  token exchangeability with the other cryptocurrencies   and fiat is not highlighted

SUGGESTIONS:

  • The platform token should be made exchangeable with the commonly used cryptocurrencies and fiat to enable the easy transactions in any currency
  • The platform technical team should develop a mobile application compatible with Android and IOs to enable the users to upload their documents for the KYC process via their mobiles
  • The platform white paper should bear  the involved team members with a clear profile,   working experience and the roles played in the project implementation

NOTE:

The platform is very viable as it provides easy KYC processes and data integrity for most of the companies hence limiting any associated loss due to hacking and money-laundry. I would therefore invest in this project.

Read More
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