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Sekuritance Announces May 8th Token Offering On TrustSwap Launchpad

Date:

TrustSwap

Sekuritance, the team behind a suite of RegTech & RiskTech traditional/DeFi solutions and partner marketplace, has announced today that they will collaborate with TrustSwap to aid in the execution of their token offering on May 8th, 2021 at 9:00 AM PST.

The cryptocurrency economy has taken the world by storm and it is here to stay. Just like traditional finance, the risk of fraud, misuse, abuse also exist in the crypto space. Due to the decentralized and semi-anonymous nature of blockchain, these factors can be compounded resulting in hesitation of adoption by financial regulators and banking institutions. While there may not yet be a bulletproof solution, there are ways to mitigate risk and potential losses and blacklisting.

Most people who are active in the DeFi space are also using some form of traditional banking service (credit cards, bank accounts, mortgage/insurance payments, retail commerce, etc.). When crypto proceeds start moving between these realms, the banks and regulators want to know where the money came from, whether it has been declared or taxed effectively, whether it has passed through unauthorized darknet services, and so many more questions needing specific answers. In the event that any of the above questions result negatively, the traditional finance ecosystem is most likely to reject the onboarding or the use of those proceeds to pass through their networks.

The Sekuritance RegTech Suite addresses this by making available specific services and modules to address the various regulatory and compliance requirements.

Sekuritance recognizes that there are many jurisdictional challenges in the RegTech niche so, rather than competing with other software-as-a-service providers in the RegTech industry, they are invited to make their API offerings available also through the Sekuritance Partner Marketplace so that merchants and individuals around the world can enjoy an All-In-One RegTech Gateway.

The Sekuritance ecosystem is comprised of 8 main products:

1. Sekur.Vault (Data Tokenisation Vault)

The Sekur.Vault is a unique omni-vault, audited to the highest level of industry security standards and tweaked to not only store what is commonly-referred-to as “Rubbish In, Rubbish Out” but to add value to the output upon retrieval by cross-consumption of the other Sekuritance modules such as BIN checks, KYC checks, AML checks and more. Its robust and simple to use API set and Dedicated User Interface allows the secure storage of: Card Data (Debit, Credit, Alternate); Crypto Wallet Private & Public Keys; Sensitive Personal Data; Confidential Corporate Data; KYC, KYB Related Data; Transaction Data for BI and AI and more.

2. Sekur.MFA (Multi-Factor Authentication)

This omni-auth module caters primarily to 3D Secure services for the traditional card payment industry. Development has also started on an on-chain decentralized identity management and claiming process. Our own unique acquirer-agnostic 3D Solution allows merchants to validate and process 3D checks (both version 1 and 2) before taking payment.

3. Sekur.Connect (RegTech Marketplace)

The Sekuritance RegTech SekurSuite Platform is a powerful toolkit on its own but trying to stay ahead of all the global jurisdictions, updates to regulations and policies, AML guidelines, etc. is a mammoth task. So, rather than try to outsmart all the other valuable and recognized players in the industry, Sekuritance is creating a RegTech marketplace where software-as-a-service providers and developers can showcase their solutions and participate in the SKRT token economy.

4. Sekur.Alert

The Sekur.Alert functionality connects to specialized datasets to help keep our customers safe and help them ensure that they are doing business with wallets and identities of good standing. To help us grow this dataset, the crypto community is invited to report any fraudulent activity to Sekuritance so that the whole community can be better protected. Every new unique and verified report gets to participate in the SKRT Loyalty and Reward program.

5. Sekur.Transact

KYC, KYB, KYT, AML, Sanction Screening, and other rule engine applications are all available on the Sekuritance platform. Businesses and institutions can use these tools to identify who customers are and their eligibility for specific product offerings. They can use the Sekuritance RegTech Platform to get Transaction and IP “Risk Scores” and sub-scores as well as other data in order to prevent fraud and abuse.

7. Sekur.Trace

Anonymity of cryptocurrency’s is a myth. Very few mixing services can outwit modern de-anonymization technologies for Bitcoin tracking and other cryptocurrency alternatives. No one has a clear understanding of how fast the RegTech niche will be evolving but one thing beyond question — regulation of the cryptocurrency space will tighten and we all will have to accept the new rules and play by them.

Sekuritance strives to become one of the leading vendors of RegTech solutions for the crypto and fiat industry and we believe that the openness of financial data on blockchains will be a driver for regulatory institutions to reinforce control. With a powerful blockchain analytics toolset like Sekuritance, regulatory bodies could end money laundering and make financial reporting easy and transparent.

8. Sekur.Certify

The Sekuritance Sekur.Certify Blockchain Wallet Verification service allows for a user to claim controlling power certification on a particular wallet once a number of actions would have been performed, KYC & AML checks confirmed and crypto investigation on the wallet completed.

For more information about Sekuritance, please visit https://www.sekuritance.com

TrustSwap’s vision to promote the adoption of decentralized finance goes hand-in-hand with that of Sekuritance. Over the past four years, Sekuritance’s well-known founding team members have all owned and operated companies including other token networks, advisory companies, and blockchain development firms in the cryptocurrency space. Their financial applications never compromise on security and are among the safest options available for companies and individuals to participate in Decentralized Finance.

The Sekuritance Token Offering will be executed by leveraging the TrustSwap Launchpad. Upon the successful conclusion of the offering, a Uniswap pool will be created on 13th May, 2021, and trading can commence for use of $SKRT in the Sekuritance network. Alongside the offering, Sekuritance will be showcasing a preview of it’s RegTech Suite and Partner Platform.

TrustSwap technology utilizes simple and secure peer-to-peer transactions via TrustSwap SmartLaunch™ which ensures that Sekuritance and its community can transact securely and without the fear of participants or team members negatively impacting the markets following the public offering. TrustSwap’s Time-based SmartLock™ ensures a methodical distribution to mitigate the risk of unauthorized token transfers.

Sekuritance will use TrustSwap SmartLocks for:

  • Team token vesting
  • Token holder vesting
  • Liquidity locks

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://trustswap.medium.com/sekuritance-announces-may-8th-token-offering-on-trustswap-launchpad-db4f9f75c39?source=rss——-8—————–cryptocurrency

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