A CeFi/DeFi ecosystem Sekuritance is partnering with a full-service blockchain asset platform TrustSwap. The partnership aims to deliver compliance, regulatory, transaction monitoring, and identity management solutions to assist the execution of the SKRT token offering. The token offering will start on 8th May 2021 at 9:00 AM PST.

TrustSwap Collaborates with Sekuritance

Talking about the cons of the cryptocurrency economy, just like traditional finance the risk of fraud, abuse, and misuse of the assets is always there. But due to the decentralized nature of the blockchain, factors like the semi-anonymous nature of blockchain, adoption of financial regulators and banking institutions, etc results in larger acceptance of the technology.

Undeniably the crypto space has taken the world by storm and it is here to stay.

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

According to Sekuritance,

“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 CeFi Ecosystem with TrustSwap – The eight main products

1. Sekur.Vault (Data Tokenisation Vault)

Sekur.Vault is an exclusive  Omni-vault, that enquires into the highest level of industry security standards and tweaked. This not only stores what is commonly referred to as “Rubbish In, Rubbish Out” but also adds value to the output upon retrieving by cross-consumption of the other Sekuritance modules such as BIN checks, KYC checks, AML checks, and more.

2. Sekur.MFA (Multi-Factor Authentication)

This Omni-auth module facilitates primarily 3D Secure services for the traditional card payment industry. 

3. Sekur.Connect (RegTech Marketplace)

The Sekuritance RegTech SekurSuite platform is a well-built toolkit on its own which is trying to stay ahead of all the global jurisdictions, ALM guidelines, and updates to regulations and policies. Sekuritance RegTech marketplace assists service providers and developers who can showcase their solutions and participation in the SKRT token economy.

4. Sekur.Alert

Sekur.Alert anchors specialized datasets to keep clients safe and help them ensure that they are doing business with wallets and identities of good standing. 

5. Sekur.Transact

Businesses and institutions can use these tools to identify their customer database to check their eligibility for specific product offerings. They can use the Sekuritance RegTech platform to get transactions and IP “Risk Scores.”

7. Sekur.Trace

With Sekur.Trace, regulatory bodies could end money laundering and make financial reporting easy and transparent.

8. Sekur.Certify

The Sekuritance Sekur.Certify Blockchain Wallet Verification service permits users 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.