Consensys Captures Global Verification Efficiency

Case Study: Consensys, a Blockchain and Web3 Software company, teamed with Trulioo to gain efficiencies in person and business onboarding.

Trulioo — Case Study

Finding the Path to Success

Smooth onboarding is critical to Consensys’ success.

But before the partnership with Trulioo, the Consensys

verification process would take up to an hour per

customer. With Trulioo as a partner, the company

reduced customer onboarding to just minutes.

“If you don't have a seamless onboarding process,

customers are going to get frustrated and go to a

different provider,” Szaroleta said. “It's really important

in our world.”

With the Trulioo integrated identity platform,

Consensys can perform KYB and KYC checks

through one agile verification workflow and limit time-

consuming reverification, secondary authentication

and manual checks. That holistic platform experience

enables the company to strike the right balance

between onboarding friction and user experience to

create safe environments and build customer loyalty.

Maximize ROI Through a Flexible Suite of Services

As companies expand, it’s important that verification

processes keep pace to maintain organizational

efficiency.

“When you start, you have a handful of verification

tools, and you’re working through what works and what

doesn’t,” Szaroleta said. “But as the volume increases,

you realize that approach isn’t sustainable unless you

go with a vendor that can make it more efficient.”

Consensys teamed up with Trulioo to enable vendor

consolidation, scale globally and free up resources to

drive strategic growth.

“What we were looking to use Trulioo for was new and

immediate, and Trulioo was able to work with us to get

what we needed quickly,” Szaroleta said. “Some of the

other vendors we had talked with weren’t able to be as

flexible or easy to work with.”

The verification

process used to

take 30 minutes

to an hour per

customer. Trulioo

reduced that labor

time to a few

minutes.”

• Steven Szaroleta Consensys compliance

and operational risk manager

30-60

minutes

<5

minutes

Made with Publuu - flipbook maker