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SafetyA CeFi/DeFi ecosystem that provides compliance, regulation, transaction monitoring and identity management solutions is working with TrustSwap, a full-service blockchain asset platform, to support the implementation of its SKRT starting at 9 o’clock on May 8, 2021 Token product: 00 AM Pacific Standard Time.
Safety introduction
The cryptocurrency economy has swept the entire world and will continue. Just like traditional finance, there are risks of fraud, abuse, and abuse in the encrypted space. Due to the decentralized and semi-anonymous nature of blockchain, these factors may become more complex, leading to hesitation in adoption by financial regulators and banking institutions. Although there may not be a bulletproof solution, there are ways to reduce risks and potential losses, and blacklist them.
Most people active in the DeFi space also use some form of traditional banking services (credit cards, bank accounts, mortgage/insurance payments, retail trade, etc.). When cryptocurrency revenue begins to move between these areas, banks and regulators want to know where the money came from, whether it has been effectively declared or taxed, whether it has passed through unauthorized dark web services, and other changes. More questions that require specific answers. If the results of any of the above problems are negative, then the traditional financial ecosystem is most likely to refuse to hire or use these benefits through these networks.
Sekuritance RegTech Suite solves this problem by providing specific services and modules to meet various regulations and compliance requirements.
Sekuritance recognizes that there are many jurisdictional challenges in the RegTech field. Therefore, instead of competing with other software-as-a-service providers in the RegTech industry, it is better to invite them to provide their API products through the Sekuritance partner market, so that merchants around the world can enjoy Everyone can use the All-In-One RegTech gateway.
Ecosystem security
The Sekuritance ecosystem includes 8 main products:
Secure.Vault (data tokenization library)
Sekur.Vault is a unique all-purpose vault that has been reviewed by the highest industry security standards and adjusted. It can not only store the so-called “garbage in storage and garbage out of storage”, but also add value to the output through cross-industry retrieval Use other Sekuritance modules, such as BIN check, KYC check, AML check, etc.
The platform’s powerful and easy-to-use API set and dedicated user interface allow safe storage of card data (debit, credit, spare); encrypted wallet private and public keys; sensitive personal data; confidential company data; KYC, KYB related data; BI Transaction data with AI, etc.
2. Sekur.MFA (multi-factor authentication)
The omni-auth module mainly provides 3D security services for the traditional card payment industry. The development of the on-chain decentralized identity management and claim process has also begun. Our own unique 3D solution independent of the acquirer allows merchants to verify and process 3D checks (versions 1 and 2) before payment.
3. Sekur.Connect (RegTech Market)
The Sekuritance RegTech SekurSuite platform itself is a powerful toolkit, but to maintain a leading position in all jurisdictions around the world, updating regulations and policies, anti-money laundering guidelines, etc. is a difficult task. Therefore, Sekuritance did not try to surpass all other valuable and recognized players in the industry, but created the RegTech market, where software as a service providers and developers can showcase their solutions and participate in the SKRT token economy.
4. Secure.Alert
The Sekur.Alert feature connects to specialized data sets to help ensure the safety of customers and help them ensure that they use wallets and reputable businesses to conduct business. To help expand this data set, the encryption community is invited to report any fraudulent activities to Sekuriance so that the entire community can be better protected. Every new unique and verified report will participate in the SKRT loyalty and rewards program.
5. Secure.Transact
KYC, KYB, KYT, AML, sanction screening and other rule engine applications are provided on the Sekuritance platform. Companies and institutions can use these tools to determine who their customers are and whether they are eligible to use specific products. They can use the Sekuritance RegTech platform to obtain transaction and IP “risk scores”, sub-scores, and other data to prevent fraud and abuse.
7. Secure.Trace
The anonymity of cryptocurrency is a myth. Few hybrid services can outperform modern deanonymization techniques used for Bitcoin tracking and other cryptocurrency alternatives. No one can clearly understand the speed of the development of the RegTech niche market, but there is no doubt that it is one thing-the regulation of the cryptocurrency space will be tightened, and everyone must accept the new rules and let them play a role.
Sekuritance strives to become one of the leading providers of RegTech solutions for the encryption technology and legal currency industry, and believes that the openness of financial data on the blockchain will become a driving force for regulators to strengthen control. With the help of a powerful set of blockchain analysis tools such as Sekuritance, regulators can end money laundering activities and make financial reporting simple and transparent.
8. Secure.Certify
Through the Sekuritance Sekur.Certify blockchain wallet verification service, users can request to control the power authentication of a specific wallet after performing a series of operations, confirming KYC and AML checks, and completing the encryption investigation of the wallet.
The details Sekuriance token issuance
Sekuriance token issuance will be through the use of TrustSwap launchpad. After the issuance is successfully completed, the Uniswap pool will be created on May 13, 2021, and SKRT can be used for trading on the Sekuritance network. In addition to products, Sekuritance will also show previews of its RegTech suite and partner platforms.
TrustSwap technology utilizes secure peer-to-peer transactions through TrustSwap SmartLaunch; this ensures that Sekuritance and its community can safely conduct transactions without worrying about participants or team members having a negative impact on the market after the public offering. TrustSwap’s time-based SmartLock ensures orderly distribution to mitigate the risk of unauthorized token transfers.
Safe will use TrustSwap SmartLocks in order to:
- Team token ownership
- Attribution of token holders
- Liquidity lock
For more information about Sekuritance, please visit https://www.sekuritance.com.
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