On August 24, the Cardano Foundation launched a data analytics solution that will provide the ability to operate in regulated markets in accordance with local laws.
Blockchain analytics provider Coinfirm said its strategic partnership with the Cardano Foundation "will ensure that Cardano can fully comply with FATF, AMLD and other regulatory guidelines."
Coinfirm provides a full suite of solutions that optimize AML analytics for cryptocurrencies, allowing organizations like Cardano to effectively meet regulatory obligations.
AML/CFT analytics will allow you to track the history of coins in wallets, providing the ability to work on regulated markets.
Coinfirm is pleased to integrate the Cardano protocol to ensure that counterparties using the ada cryptocurrency and other assets created on Cardano are not tainted by illicit means.
AML analytics moves closer to realizing the project's ambitious plans to expand Cardano to one billion people over the next five years and connect at least fifty banks to the network.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
BlackBerry is building a blockchain-based platform for healthcare services
Renowned smartphone company BlackBerry is entering the security, computing and data analytics markets. The company, which also develops software, is creating an “ultra-secure” healthcare platform on the blockchain.
Swiss Post and Swisscom will develop infrastructure for blockchain applications
Swiss Post and telecommunications firm Swisscom have teamed up to create a secure and resilient infrastructure for blockchain applications in Switzerland. Both companies will use the network to manage their own services and create a platform for future applications.
