farizreza: What Is AMLT and What Does It Do?

Coinfirm's team gathered in 2015 under a vision to bring new levels of transparency and efficiency that serve the entire blockchain ecosystem.
Spreading its benefits into traditional economy and enabling the mass market to use it safely.

Now Coinfirm is taking the next step to implement effective AML / CTF compliance and enable transparency and democratization of the financial system by actively involving market participants with AMLT.

The AMLT used in the AML / CTF Coinfirm Platform is a lost puzzle to bring the virtual currency into the mainstream in a safe and appropriate manner.

AML / KKP is related to risk management, not just strict laws, rules and regulations to be followed.

The level of internal assessment required by the company is required to establish a correct risk management model. AMLT assists innovative adherence temporarily by engaging and providing beneficial participation for virtual currency users.

How does the Coinfirm project work?

https://amlt.coinfirm.io/
Coinfirm works with partners and world-class clients ranging from large virtual:

Anti Money Laundering.
Also called: cryptocurrency, digital currency, etc.
Counter-Terrorism Financing.
Problem.

Ecosystems resulting from the lack of effective and efficient management of AML / KYC risk for blockchain transactions include:

The company receives a virtual currency
Banks and Financial Institutions
Business Intelligence Company
New ICO
Smart Contract
New market participants
Individuals globally
Currently the AML / CTF compliance process is very inefficient and costly both in the blockchain ecosystem as well as in the traditional financial sector.

This solution is required for entities that accept virtual currency or just want to expose it like banks and financial institutions - they are obliged to understand the risks for their clients.

The AMLT solution is designed to:

Provide efficient access to reports and data for AML / CTF compliance purposes for crypto.
Build a transparent financial system and democratize by collecting and sharing data anonymously.
Improve and automate processes within the AML / CTF Coinfirm Platform and provide benefits and rewards for its participants.
Create a transparent and mutually beneficial Blockchain ecosystem, which is a global AML / CTF standard for blockchain.
Give users an important and active part in building a new, transparent financial era and a foundation for mass adoption of blockchains and cryptocurrencies.