the world that currently rely on digital means to process most of our workload, we have pushed the limits even for seemingly impossible situations and that is the creation of a digital cash system. Digital currency or Digital cash has become the most investment trend in the 21st century. Satoshi Nakamoto, the name given to the unknown Bitcoin inventor. Known as the first cryptocurrency never means the invention is converted into a currency form but in the process it succeeds in building a decentralized digital cash system. The problem Satoshi solved was something that seemed complicated to do but ultimately proved possible. A key issue with network-linked payments is to track payments by avoiding what's known as duplicate spend, which prevents entities from spending the same amount twice. These records are usually stored by the central server to keep track of the balance. But crypto currency follows the concept of a decentralized network system that does not have a dedicated server to track all network-based payouts. The solution is to make sure each entity does the right job like transaction validity and multiple spending efforts. Satoshi proves that we can all reach an agreement without the consent of the central authority. And thus give us all the opportunity in Crypto currency investment.
With all the good things there is always abuse. The digital world is also home to a group of people who will capitalize on such investments for their personal gain. Causing a great deal of distress among the people who are willing to use it well. And that's where AMLT comes into play. AMLT by Coinfirm broke anti-money laundering for virtual currencies and block chains. There has been a huge growth in the virtual currency eco system involving some of the largest financial institutions and companies around the world. But this institution requires authentication and policies to follow so it is difficult to follow even the simplest investment. The tools available are not as efficient and can not provide the necessary security from AML and virtual currency entities risk assets and resources that can be potentially hazardous investments etc. Believe in AMLT to give you safe and efficient use of your virtualization. currency.
What is AMLT?
Studies show that regulations such as the Anti Money Laundering (AML) and Counter Terrorist Financing (KKP) laws will hamper the growth of the Blockchain world. Not all platforms or businesses are capable of performing the right KYC process, which turns out to be a disaster for business owners. The Confirm platform currently provides AML / CTF solutions for cryptocurrency and blockchain based companies. Adding the AMLT token to a platform further enhances effectiveness and transparency. The AMLT Token can be used to make all payments to be purchased from various prepaid platforms and when accessing rights on the Confirmation platform. Thus, users can use the AMLT token on the platform to access the verification service.
MARKET CHALLENGES & SOLUTIONS
All markets are at risk when forbidden activity is left uncontrolled. Notes in their whitepapers are traditional AML enforcement failing 99.9% of the time and less than 1% of the forbidden global financial flows are confiscated and. Prevention and control mechanisms are very important for companies that want to make sure they are not consciously or unconsciously exposed, partying, or full.
However, blockchain technology enables democratic participation and provides an opportunity for everyone to provide input and participation. Thus, it is possible to be more accurate, effective, and less arbitrary than traditional systems. Therefore, not only have more transparency and efficiency as well. The market is cheaper and more.
Coinfirm feature:
· Coinf asks the company to get a quick assessment calculated from the Blockchain address. This data is built over 200. This assessment is about $ 0.02 per call.
· Better and deeper information about address profiles is rather expensive ($ 3 to $ 12.5) but can be considered for large transactions, to access the 'fundamental threat indicators' and 'financial indicators' provided by the platform.
Addition of Coinfirm after integration of AMLT platform to platform:
AMLT Describes itself as 'token of compliance'.
· Coinfirm has a rating feature for every user of Blockchain (Known as c-rating). The introduction of a value that can be provided as an incentive for network users will allow Coinfirm to get more and better rankings on every user listed on its platform.
· Platform users will be provided with an AMLT token to provide assessments and information about specific Blockchain addresses.
· AMLT will push the platform. Users can use tokens for prepaid products on the platform and rights access to the AML / CTF Platform.
· Replace options on existing platforms.
Sales of AMLT tokens
The sale of the AMLT token is scheduled to begin on 28 November 2017. 1 $ will activate 10 AMLT tokens. If you want to purchase an AMLT token before releasing an actual token, at least 500,000 AMLT tokens must be purchased.
There are a total of 400,000,000 AMLT tokens in which 210 M for crowdsale, 120 as incentive rewards and the rest will be available to founders and other team members and other payments made by the platform.
There is a 10% -30% bonus during the crowdsale token.
CONCLUSION
The main objective is to awaken crypto in accordance with AML and CTF laws and all participants have clean and transparent funds. The addition of a token system (AMLT) to the new platform will add transparency and will be more effective in Blockchain user containers. Coinfirm can be successfully claimed as a financial advisor for your business that will help all future Blockchain companies to pass through KYC with AML / KKP Co-proof analysis platform by providing user verification and validation through simple API calls.
As with any network display, values grow exponentially as new entrants enter. The Coinfirm platform has the potential to be the main regulatory / main entity for the cryptocurrency market. It's almost as if Coinfirm is an all-in-one security, data analysis, and Regtech company.
I am pleased with the growth prospects of Coinfirm, and I think the Coinfirm price proposition is now easily visible. I love the cyrptocurrencies platform because they have greater potential market capitalization.
Unfortunately, I had to find a new topic for my sleep. However, it is difficult to do this with blockchain that disrupts and transforms the traditional sector in innovative and interesting ways.
TEAM
Further information:
Website: https://amlt.coinfirm.io/
Whitepaper: https://amlt.coinfirm.io/pdf/white-paper.pdf.
Author: Alex789
BTT: https://bitcointalk.org/index.php?action=profile;u=1653045
ETH: 0x5f5f506A001A179b8eE67214a7754Bfe04ffadE0
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