Mar 18, 2019
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.
The latest version update 2.5, from Infinito Wallet features Coinfirm's AML risk check service. You can quickly risk check a BTC, ETH, DASH and NEO blockchain address and decide before sending crypto to them.
Once you enter the address three types of risk levels are shown:
Low Risk: Blockchain address is not associated with any apparent risk.
Medium Risk: Blockchain address is involved in transactions with newly created address.
High Risk: Blockchain address is highly related to potential scams, investment fraud, identity theft or other risk. If an address is flagged as “High Risk”, you will see a pop-up message asking you to choose Yes – to proceed anyway or Cancel.
Follow these simple steps outlined in graphic below
If you're interested in learning more or partnering with Coinfirm feel free to reach out and contact us
Thanks for your continued support and make sure to follow us on Twitter, Facebook and LinkedIn.
The Coinfirm Team