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World Chess PLC ( (GB:CHSS) ) has provided an announcement.
World Chess Plc has launched a new instant, secure identity verification system on its digital platform, chessarena.com, which is available in over 160 countries. This system, powered by Stripe Identity, allows users to quickly verify their identity and obtain a FIDE ID, facilitating immediate participation in FIDE-recognized games. This development is a significant step towards creating a trusted global chess platform, enhancing the online chess experience by reducing fake accounts and improving access to competitions. It also lays the groundwork for future infrastructure, including global player identity layers, federation partnerships, and anti-cheating measures, ultimately supporting World Chess Plc’s mission to build a unified global chess ecosystem.
More about World Chess PLC
World Chess Plc is a London-based chess gaming and entertainment company and the official commercial partner of the Fédération Internationale des Échecs (FIDE). It has organized FIDE Championship Matches in the USA and the UK and has revolutionized the sport through significant media partnerships. The company develops Armageddon, a chess league for prime-time television, and operates the FIDE Online Arena, the exclusive official chess gaming platform.
YTD Price Performance: 26.67%
Average Trading Volume: 285,192
Technical Sentiment Signal: Buy
See more insights into CHSS stock on TipRanks’ Stock Analysis page.