Encyclopedia

4 A B C D E F G H I J K L M N O P R S T U W

Silk Road (Darknet Marketplace)

The rise of the Silk Road The Silk Road was the world’s foremost darknet market (DNM). The platform was founded in 2011 and quickly rose to prominence as a decentralized marketplace. Its founder was Ross Ulbricht. Silk Road offered a range of goods and services while facilitating transactions primarily via Bitcoin, taking advantage of the

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Simplified Due Diligence (SDD)

What is Simplified Due Diligence? The accepted definition of Simplified Due Diligence (abbreviated as SDD, due diligence or due diligence analysis) indicates that it is a simplified level of customer due diligence verification.  SDD represents a lower level of due diligence – preceding standard Due Diligence (most often used for low- and medium-risk clients) and

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