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AMLT Network now supports Litecoin including SegWit

Apr 26, 2019

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Recognized as a global leader in RegTech for blockchain, Coinfirm serves as a foundation for the safe adoption and use of blockchain. The Coinfirm AML/CTF Platform uses proprietary algorithms and big data analysis to provide structured, actionable data that solves compliance and transaction risk issues in blockchain and cryptocurrencies. The blockchain agnostic platform is currently used by anyone ranging from major financial institutions to exchanges. In addition, Coinfirm develops dedicated blockchain solutions such as the data provenance platform Trudatum that was recently integrated by the largest bank in CE.

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The time has come to announce the new blockchain integration of Litecoin.

The time has come to announce the new blockchain integration and support for the AMLT Token & Network! As of 25th May 2019 AMLT Network begins accepting Litecoin addresses including SegWit!

As highlighted in the graphic below Coinfirm and AMLT is now analyzing over 33 Million LTC txs. We've included some interesting numbers around LTC blocks, multisig and segwit addresses.

A Top5 cryptocurrency based on market cap, Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. It's an open source, global payment network that is fully decentralized without any central authorities. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. Litecoin is a proven medium of commerce complementary to Bitcoin.

We’re going to have more integrations of blockchains and cryptocurrencies in the near future but tell us which ones you’d like to see!

Please start submitting data on Litecoin addresses and start benefitting.

If you're interested in partnering with Coinfirm or becoming an AMLT Network Member then contact us!

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The AMLT Team