2016/09/28 6:09 PM

NEW YORK — Dash has entered a partnership with Coinfirm to create AML/KYC compliant methods of adoption for commercial and financial institutions. According to a press release from Coinfirm, this partnership marks the first-ever “interwoven solution” for cryptocurrency AML/KYC compliance.

Also read: Incent Project to Put $65B Loyalty Rewards Industry on Blockchain

Dash Aiming at AML/KYC Compliance for Corporate Clients

dash-532b6a6d48e7d1085875d8ced21f4b49According to Dash core developers, the partnership with Coinfirm “allows traditional commerce a tried-and-true pathway to embracing digital currency.” Dash finance director Ryan Taylor told press, “Coinfirm offers its customers truly world-class tools to meet regulatory requirements in an easy and effective manner.”

Coinfirm will synchronize its platform with the Dash blockchain, which will reportedly allow for continuous AML blockchain monitoring. Additionally, once synchronized, Coinfirm said its platform will provide…



Source link