Jumat, 15 Desember 2017

AMLT - provides solutions the key problems of all participants in the Blockchain 

AMLT is a token for already finished products with the right of access to an already active Coinfirm AML / CTF network of platforms.
Members of the network receive AMLT to provide ratings and information on specific addresses - this is "fuel", which makes the system democratic rather than arbitrary.
This allows ensuring compliance and transparency of all transactions, helping the ecosystem to be more secure and connected with the global economy.
AMLT creates a secure and democratic network that ensures transparency in the world of cryptocurrency, helping it to identify and complain about a number of regulatory requirements.
The goal of AMLT is to create an open global standard for the transparency of cryptocurrencies and to bring them to the mainstream in a safe, efficient and effective way.
The global RegTech enterprise focused on AML / CTF for Blockchain, a recognized influence in Blockchain / Virtual Currency and RegTech industries.
Partners and clients range from large cryptocurrency players such as Dash and RSK to large financial institutions such as SEI.
The Coinfirm AML / CTF platform serves as a basis for the safe implementation and use of Blockchain and cryptocurrency. It uses proprietary algorithms and large data analysis to provide efficient data that increases effectiveness, reduces costs and simplifies alignment with the closest automation, as well as distributes Blockchain and the cryptocurrency ecosystem into the traditional economy and allows the mass market to be accepted. It serves as a bridge to accommodate new business models and the safe and compatible use of Blockchain and cryptocurrency. This platform is built to create a global standard for the entire industry.
            
AMLT helps market participants to obtain data on the risk associated with virtual currencies, and also use AMLT to receive reports and make full use of the cryptocurrency economy. This ensures the effectiveness of AML / CTF compliance and the democratization of market participants around the world.
AMLT users will help to identify good and bad players with accuracy not available to the current financial system, without unfair exclusion of persons in authorized countries.
Pavel Kuskowski, CEO and co-founder of Coinfirm, says: "AMLT is a key part of Blockchain, helping companies to ensure transparency and security - to protect themselves, their customers and grow by solving one of Blockchain's biggest needs - effective compliance and AML procedures."
As the studies have shown, regulatory compliance, especially Anti-Money Laundering (AML) and Counter Terrorism Financing (CTF) has become a serious obstacle to mass adoption for Blockchain and cryptocurrency.
AMLT provides access to a secure and transparent Blockchain economy - it protects partners and customers from potential risks and allows commercial adoption and growth.
AMLT provides solutions to key problems of all members of the Blockchain ecosystem:
  1. The problem with access to the mass market and traditional financial services, as it struggles with compliance with regulatory requirements;
  2. Strengthening of the cryptocurrency is growing, and the traditional market, banks and regulators do not have the tools and information to combat this risk and accept the relevant customers;
  3. Smart contracts, ICO, Token Crowd Sales and other tools can also be used for money laundering or terrorist financing and require proper assessment, but effective solutions exist;
  4. The cost of compliance for virtual currency enterprises may exceed 50% of the total time and labor costs;
  5. Non-compliance can lead to business closure, payment of fines or even legal consequences;
  6. Due to the ineffective and centralized nature of approaches and decisions in the field of regulation and compliance, whole regions are unfairly affected by financial exclusion.
All these and many other aspects can be found on the official website of the Coinfirm company.
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