Aug 02, 2018
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.
Infinito Wallet, an industry-leading universal cryptocurrency wallet for the widest range of coins and smart contract tokens, is proud to announce our partnership with the global leader in regulation technology and compliance for blockchain and cryptocurrency, Coinfirm. Together, Infinito Wallet and Coinfirm work to ensure all users of this universal wallet will be at the forefront of regulation, security, and risk management with the wallet’s technical integration of standard-setting Coinfirm AML (Anti-Money Laundering) Platform and AMLT Network. The AMLT token for the Coinfirm and AMLT Network will also be added as a native token to the Infinito Wallet with further AMLT Network feature integrations planned.“Infinito continuously is showing the market not just their expansive vision towards their wallet but their dedication making Infinito a leader in addressing regulatory compliance and security on the wallet market. Bringing the Coinfirm AML/KYC Platform and AMLT Network into the Infinito Wallet will not just help address compliance but will provide a new level of adoption potential as well as security and transparency for users.”
This [partnership] is very exciting. Coinfirm will bring great value to all blockchain enthusiasts, projects, and companies. Our technical integration will help services utilizing blockchain to reliably reach their potential markets. And for users around the world, it will streamline and safeguard participation in any blockchain ecosystem. Infinito aims to become an infrastructure to deploy blockchain projects for businesses. For users, it strives to become the best infrastructure to provide them universal access to digital assets and services with the utmost security.
We are looking forward to the day when blockchain can become a practical infrastructure in society.
Junya Yamamoto, President at Infinito WalletWhile blockchain technology initially burst onto the scene thanks to cryptocurrencies that took advantage of the decentralized freedoms of operating outside of institutional oversight, there is no question that the technology’s future lies in its adherence to laws and watchful regulation.Coinfirm, a UK-based compliance company that provides transaction security, AML, and CTF (Countering Terrorism Financing) services, monitoring tools, and market research, is helping bring Infinito Wallet into that future.Infinito Wallet’s Technical Integration with Coinfirm – What It Means