• Home
  • About Us
  • Contact
  • Advertise
  • Awards
  • Privacy Policy
  • Twitter
  • Facebook
  • RSS
TheDomains.com

Stuart Lawley buys AgePass.com and AgeBlock.com for new blockchain based business

November 15, 2018 by Raymond Hackney

Stuart Lawley who most know from .xxx, (which he sold to MMX for $41million) has a new business and it’s called AVSecure.com. The business is using the blockchain to provide age verification.

AVSecure enables the consumer to manage access on their local devices rather than through an unrelated remote network.

The consumer’s browser becomes the central point in the process, not the servers or networks of content providers or identity providers.

Release:

Stuart Lawley buys Agepass.com for $25,000 and Ageblock.com for $10,000 via the Uniregistry platform for his new blockchain based Age verification company AVSecure.com.

Since selling ICM Registry to MMX in May , Lawley has been focused on launching the new Age Verification service to help companies and users comply with the requirements of the UK 2017 Digital Economy Act which is due to come into force in spring next year.

The law basically requires adult website operators to put a robust Age Verification system in place to ensure visitors are over 18 rather than the usual cursory check box system that many do at present. Failure to comply may lead to various sanctions from the regulator the BBFC (British Board of Film Classification) including asking ISPs to block the sites and the payments processors to stop working with the companies behind the sites. “With consumers understandable concern about privacy and data hacks and publishing of identities as we saw with Ashley Madison a few years back and the repeated breaches at major adult sites, the ability to have an effectively anonymized credential system for consumers made this an absolutely perfect use for a blockchain solution” Lawley says.

“We acquired a blockchain start up in the UK with some super smart tech savvy people who have built a distributed private chain that will handle thousands of transactions per second from millions or users who can rest easy knowing that once they have their credential on our chain, no-one , even us will know who they are..

For those even more privacy conscious individuals AVSecure are working with their subsidiary the AgeVerificationCard.com that will allow users to verify their age in person at over 60,000 retail stores just as they do when buying cigarettes or alcohol and receive a unique 16 digit code that can be entered into the AVSecure system to prove their 18+ credentials without providing any personal identifying information.”

For users are more comfortable in providing electronically means of proof then they can select various options such a credit card/address/passport/driver license to obtain their credentials. Any such data is never seen or retained by Avsecure just trusted 3rd party suppliers who give a simple “pass/fail” answer and a credential is issued or denied. AVSecure have decided to call the blockchain credential the “AgePass” as that’s what it does….

And hence the purchase of agepass.com and in addition will launch another service for parents worried that not all adult sites may comply with the law or concerned about other services like Tumblr and Twitter that host a lot of adult content but are NOT covered by the law, called AgeBlock to make this a device-specific easy step for the concerned parent to restrict their children’s access to adult sites and by choice certain social media sites. .

Filed Under: .XXX, Blockchain, Digital Media, Domain Names, Minds+Machines

About Raymond Hackney

Raymond is a writer, domain trader and consultant based in Pennsylvania. Raymond is the founder of 3Character.com and TLDInvestors.com.

« Smoothies, Trump and Domain investing
8833.com looks to be stolen »

Comments

  1. steven says

    November 15, 2018 at 2:58 pm

    i recall stuart describing this to me when we were in mykonos… great to see it coming to fruition .
    congrats on a brilliant idea and a perfectly executed and branded initiative stuart!

  2. JZ says

    November 15, 2018 at 3:10 pm

    He had hoped that xxx would be forced on all adult sites..that didn’t happen so he sold it? Now its this. You’ll get there Stuart..

  3. Francois says

    November 15, 2018 at 3:17 pm

    Brilliant.

  4. RaTHeaD says

    November 15, 2018 at 6:54 pm

    i thought it was gonna be stupid but that actually seems like an ingenious way to do it.

  5. Josh says

    November 15, 2018 at 8:14 pm

    Interesting stuff, curious how open retail online and physical are to buying into the system and what competition already exists.

  6. Jonathan says

    November 16, 2018 at 1:19 pm

    Liking this smart move,


Recent Articles

  • Radix H1 2022 Premium Domain Report
  • Sedo weekly domain name sales led by Call.com
  • Identity Digital Domain Trend Report: JULY 2022

Recent Comments

  • Luc Biggs on NameJet/SnapNames July 2022 sales report led by MedJobs.com
  • MarkMajor on Sedo weekly domain name sales led by M2.com
  • Richard on Sedo weekly domain name sales led by M2.com
  • Rex on Will $15M seem like a steal or a huge overpay 5 years from now for NFTs.com?
  • Joe on Will $15M seem like a steal or a huge overpay 5 years from now for NFTs.com?

Polls

How Many .Web Domains Will Be Registered 1 Year After Launch

View Results

Loading ... Loading ...
  • Polls Archive

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Categories

Archives

domain name news

Copyright ©2019 TheDomains.com — Published by Worldwide Media, Inc. — Site by Nuts and Bolts Media