cogint Launches New Blockchain Solutions Division

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Cogint, Inc. announced the launch of a newly-created division dedicated to the company’s expansion into the blockchain industry. The division, named Red Violet Blockchain and Analytical Solutions, will provide cloud-based identity verification and Know Your Customer (KYC) solutions to the emerging and expansive blockchain industry.

“For the last two decades, our management team has delivered identity verification and other risk mitigation solutions to industries including banking and financial services, insurance, government and law enforcement,” said Derek Dubner, CEO of cogint. “Following the recent announcement of our strategic alliance with Dragonchain, and as more businesses adopt blockchain technology, we find ourselves in the enviable position of not having to choose any certain blockchain technology over another, but rather having the ability to provide mission-critical business applications to essentially any enterprise-oriented blockchain with the need to mitigate risk.”

Red Violet Blockchain and Analytical Solutions will be a subsidiary of Red Violet, Inc., which is currently a wholly-owned subsidiary of Cogint, Inc. Cogint, Inc. will spin-off Red Violet, Inc. as part of Cogint, Inc.’s pending business combination with BlueFocus International Limited.

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