One of the most eminent platforms for crypto-asset regulation, Scorechain was spotted at AIBC Summit Dubai 2022. Which is one of the most prestigious events related to crypto, blockchain, and technology.
The company provides compliance solutions that are easy to use and customizable risk-AML software for cryptocurrencies. Also, implement a crypto-risk-based strategy for your company.
Adding further the platform is helping businesses such as exchanges, DEXs, custodians, wallets, lending, and staking platforms, payment services, ATMs, ICOs, and casinos with the submissive strategy.
Providing them with a structured and systematic approach to managing risk for crypto assets will prevent corrupted funds to enter the platform. Also, it helps to alter risk indicators to raise red flags for certain types, countries to improve risk management, and use API to automate the entire risk process.
The official websites also indicate how the platform is helping traditional financial institutions such as private banks, brokerage firms, asset management companies, family offices, and OTC desks reshape their current compliance strategies.
Features of Scorechain
The company lays emphasis on adding new characteristics that will create an impact on the market and will make a standout Scorechain, compared to other players.
It starts with adding features like Scorechain Analytics which tracks crypto assets and helps you create a designed and rational AML strategy to identify assessing and managing risk. Due to high-level functionality, crypto-native firms and traditional financial institutions use Scorechain’s crypto-monitoring solution to develop a proper plan and satisfy crypto-AML regulations.
Talking further it provides you with an exploration tool that will determine whether a wallet is linked to any illegal activities and take steps to mitigate AML/CTF concerns. To find stolen or hidden assets, our experts may conduct forensic crypto investigations.
To conclude, Scorechain’s tools enable traditional financial institutions and cryptocurrency firms to adopt a risk-based strategy for this new class of assets while also meeting all new regulatory requirements.