AMLT - the token of compliance
AMLT is a key link in Blockchain, helping businesses to ensure transparency and safety - to protect themselves, their customers and grow by solving one of the largest Blockchain needs - effective compliance and AML procedures.
STO/ICO Status
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Basics
| Platform | N/A |
|---|---|
| Type | ERC20/ERC223 |
| Accepting | ETH, BTC, DASH |
| Circulating Supply | N/A |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
AMLT provides solutions the key problems of all participants in the Blockchain ecosystem:
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A problem with access to the mass market and traditional financial services as it struggles with regulatory compliance
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Cryptocurrency adoption is increasing and the traditional market, banks, and regulators have no tools and information to handle this risk and accept related clients
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Entities dealing with Blockchain need to ensure that they aren’t exposed to high risk transactions or counterparties but lack efficient and effective solutions
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Smart contracts, ICO’s, Token Crowd Sales etc can be used for money laundering or terrorist financing too and require proper assessment, yet not effective solutions exist
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The cost of compliance for virtual currency businesses can run above 50% of total time and labor cost expenditures
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Non-compliance may result in the closing of the business, paying fines or even legal ramifications
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Due to the ineffective and centralized nature of regulatory and compliance approaches and solutions entire regions unfairly suffer from financial exclusion
Team
