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.
Coinfirm CEO and Co Founder Pawel Kuskowski.
“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.”
Junya Yamamoto, President at Infinito Wallet
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.
While 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
With the vision to become the world’s number one universal wallet, this partnership and technical integration mark a monumental milestone in Infinito Wallet's roadmap to all-encompassing inclusivity, top-class security, and regulatory compliance. Confirm's AML verification technology on top of Infinito Wallet’s already robust management and record-keeping tools will heighten the universal wallet's security, safeguarding financial investments and transactions for all parties. Auxiliary security features will also be added to enable AML profile checks and access to detailed transaction records, allowing for ease of financial interaction management and ensuring transparency. As the ICO world in cryptocurrency is still one rife with risks and uncertainty, this technical integration protects both end users/investors and ICO companies from such security threats.Building Further Security and Transparency with AMLT Network and Token
Infinito Wallet also plans to support and integrate Coinfirm’s AMLT Network and Token. AMLT creates a system where Network Members around the world can report addresses and evidence tied to nefarious actors in the economy and be rewarded for it in AMLT. Created to enhance transparency, security, and democratization within the financial system by allowing market participants to help determine the potential risk of others, the AMLT token also serves as the utility token that grants the priviledged access to the Coinfirm AML/CTF Platform and a range of prepaid products already used by over 100 cryptocurrency related companies.
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 increases efficiency, reduces costs and streamlines compliance to near automation. A recognized leader in their field and among the most influential blockchain and regtech companies, the blockchain agnostic platform benefits not only companies operating around blockchain but also major financial institutions, asset management and BI companies. In addition, Coinfirm develops dedicated blockchain solutions such as their data provenance platform Trudatum, currently being piloted for adoption by multiple financial institutions. Trudatum is an easy to use blockchain solution to register and verify the ownership and authenticity of any type of document, file, or data.
About Infinito Wallet
Positioning as a leading universal wallet for crypto users, Infinito Wallet serves as a gateway for users to maximize usage and potentials of their cryptocurrencies. By selectively expanding our partner network, Infinito Wallet aims to build an ecosystem of practical blockchain services including exchanges, ID/KYC solutions, and other blockchain-related business services. At the same time, we help support communities of developers and businesses with an open blockchain infrastructure of technologies and compliant-ready services, so that they can seamlessly build, launch, and operate innovative products and services efficiently.Infinito Wallet Team has intensive professional experience in blockchain domain, plus a team of 70 committed members including developers, designers, researchers, business and marketing executives, and customer service officers. Registered in the Isle of Man – UK, Infinito Wallet is a part of Infinity Blockchain Labs Europe, with a single mission to be the world number one cryptocurrency wallet for communities.