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.
Coinfirm’s mission is to provide technology for regulatory compliance, bringing new levels of transparency and trust to the world of digital currencies. Our aim is to serve as a foundation for the safe adoption of blockchain by all actors in the economy, including traditional financial institutions, governments, regulators as well as ordinary citizens. We do that by applying blockchain technology to deliver solutions for various compliance challenges.
We provide anti-money laundering (AML) and know your customer (KYC) services for virtual currencies and blockchain actors - both new ventures financed by ICOs and some of the largest banks in the world. Our proprietary solutions streamline compliance to near-automation. We enable traditional financial institutions and regulators to safely engage with the crypto world.
By creating our own token, the AMLT, we’re supporting the creation of a global community of like-minded organizations and individuals who want to protect the ecosystem. By offering incentives for users to report ransomware and other scams, we help fight online crime. Our platform can be used to rate good and bad actors in the economy, based on data delivered by a democratic network that will provide an open, universal standard for AML in the cryptocurrency space.
Our Trudatum product gives users the ability to register and authenticate any type of data, providing instant, secure online confirmation of the authenticity of documents and other files. Trudatum has applications beyond the crypto space, in e-commerce, online banking and insurance, and any process that requires confirmation of steps by multiple actors in dispersed locations. This allows us to fight the multibillion dollar losses caused by document fraud every year.