Infinito Crypto Wallet To Utilize Coinfirm AML Verification And Risk Platform
Coinfirm and Infinito will soon be setting a new type of precedent within the market; this is thanks to the integration plans they have in store. It will be an integration of the Coinfirm AML platform into the Infinito wallet, which has been designed as a universal wallet that has been able to hold a wide range of tokens plus coins in the market.
The two have been considered to be industry leaders, and with this integration, it will go a long way in preventing the circulation of funds that originated from illegal activities. It is activities like hacking and running scams on the web. As a result, this move will be able to protect both the consumer and the business that are involved within a transaction.
The Integration Of The two
The cooperation that will exist between Infinito wallet, which is considered to be the leading provider in universal wallets, plus Coinfirm who is the global leader when it comes to AML, KYC and CTF solutions within the blockchain technology, will bring about great opportunities.
The integration will be in a position to popularize the current standards of the AML among the participants that are in the digital markets. Additionally, the move will be able to raise the needed awareness of the current threats in the market that are resulting from the illegal activities that are within the market.
As an Infinito wallet user, you will be in a position to quickly estimate the risk that could be associated with the transaction; this is thanks to the report you are able to pull out immediately. The report analyses over 200 risks indicators, just to ensure your funds are kept safe.
But this is not all as you will also be able to report any suspicious address that you come across; as a result, this will help in the contribution of Coinfirm's database. When you provide such legitimate data to the system, you get reward with some AMLT tokens, which you will easily use in the purchase of reports through the KYC/AML platform.
A Little About Coinfirm
The company was established to serve as a foundation to be used in the safe adoption plus use of the blockchain technology. The AML/CTF platform of the company has been designed to use proprietary algorithms plus big data analysis, to provide the needed structure, the actionable data that could increase the efficiency in the system, reduce the costs and also be able to streamline the compliance to near the automation.
The company has been recognized as a leader in its field in the blockchain and reg tech companies in the market. The platform not only benefits the companies that are operating within the blockchain technology but also some of the significant BI companies, financial institutions, asset managers, just to name a few.
The company has been developing dedicated blockchain technology solutions that can easily be applied; this is from data provenance platform Trudatum, which is being piloted at the moment by various financial institutions. The Trudatum platform has been designed to be easy to use in registration and verifying ownership or even doing a simple authenticity of a particular document.
A Little About Infinito
The company has been registered on the Isle of Man and had become an expert within the blockchain technology; it is all thanks to the 70 dedicated members of the company team. The team consists of a large type of skill set; this is from marketers, developers, designers and qualified customer support specialist. All this coupled with their expanded top grade network has aided to their success in the market.
The company has a vision of being the ultimate blockchain ecosystem in the market that will be able to allow mass adoption for the customers and businesses. It has specialized in creating an integrated blockchain infrastructure for the different blockchain services, dApps and the consumers. They have ensured that all parties on their platform, both businesses and consumers, are able to benefit from each other.