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New AMLT Smart Contract!

Dec 30, 2018

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A recognised leader in their field and ranked among the most influential and regtech companies, Coinfirm serves as a foundation for the safe adoption and use of blockchain.


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We recently created and have already been using a new smart contract we developed for the AMLT Network. This smart contract was created to scale up and automate the AMLT Network Member Reward distribution process while at the same time laying the foundation for the Network to be able to at once reward hundreds to thousands of Network Members at the same time. This process is done via an ethereum smart contract, which is triggered by an automated daemon program once a month, to pass reward data (set of address:reward).


The result is a transaction having all reward tokens transferred from one address to Network Members. We are currently in development of other smart contracts for the AMLT Network in accordance with our Long Term Roadmap.

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Thank you for your continued support and make sure to follow all of our latest updates on Twitter, Facebook, LinkedIn and Telegram Community.

Sincerely,
The AMLT Team