AMLT — Safe and Convenient Service Providers For Use of Blockchain and Cryptocurrencies

The virtual currency market worth more than 100 Billion USD has a problem with access to mass commercial markets and traditional banking as well still struggling to obey the rules. As demonstrated by 7 research and 8 industry leaders, effectively addressing Regulatory Compliance and especially Anti Money Laundering as well as Counter Terrorism Financing (AML / KKP) for the blockchain and virtual currency has been a major obstacle and loss of traditional relationships to the commercial, financial and adoption sectors bulk them as a whole.

Coinfirm is one of the leading companies operating in the compliance sector of AML / CTF and regtech. Coinfirm announced that it has added more strength and experience in its program. Coinfirm is a global leader in AML / KKP blockchain and compliance releases a special token, AMLT, to provide one of the most needed solutions for tireage adoption by enabling market participants to help determine the potential risks of others.

What is COINFIRM? 
Coinfirm is a Global RegTech Company focused on AML / CTF for Blockchain, a recognized influencer in the Blockchain / Virtual Currency and RegTech industries. Coincidence is led by leaders and professionals from the AML, compliance, anti-fraud and Blockchain industries. Partners and clients range from major crypto players like Dash and SSR to major financial institutions such as SEI.

Vision and Mission of Coinfirm

Coinfirm provides a network that builds a transparent, democratic, effective and compliant virtual currency and blockchain ecosystem. Coinfirm’s goal is to deliver a streamlined and effective Global Standard for AML/CTF compliance in a decentralized and democratic way where participants can provide AML/CTF/Fraud/business/risk ratings whether negative or positive. Not only providing transparency and democratization of the financial system in an unprecedented way, AMLT attached to the Coinfirm AML/CTF Platform serves as a bridge to accommodating new business models and adopting blockchain and virtual currencies.

Value proposition

A token that provides access rights to the Coinfirm AML/CTF Platform, AMLT allows users to purchase reports with substantial discounts, gain exclusive access to knowledge, and allows members to evaluate market participants and obtain AMLT by providing data crucial to seamless and safe trade. AMLT is the key that in line with Coinfirm’s Platform provides solutions to problems for all participants in the ecosystem and creates the foundation for a secure, transparent, democratic and compliant economic system.

What is AMLT platform?

The AMLT is a key that in line with the Coinfirm’s network will provide the solutions to the issues for all the participants in the system and will build the foundation for the secure, democratic, compliant and transparent economic system. An AMLT is a token that will support the businesses through offering them their products as well as offering them some fundamental rights that are associated with the AML. An AMLT is an initially dedicated token which will confirm and ensure the transparency and the democratization of the financial system through allowing the market participants to regulate and assess the potential risk of the others. Through this, the users will become able to protect and secure their investment and raise their revenue.

Source : https://amlt.coinfirm.io/

The Advantages of AMLT

The AMLT (Access rights) will be executed into the already vivacious living system of the players and provide them a strong basis for the commercial acceptance and the usage. This allows the users to invest in one platform apart from investing tokens on the diverse platform and process that need complex process and verification, the AMLT team individuals will get the AMLT tokens as the rewards and bonus when they exchange the appropriate data and ratings by AML platform and will achieve the comprehensive transparency and the compliance, as by this they take care of all the exchange and transactions that are effectively and successfully perform on the AMLT network. The AMLT will offer the members with the secure and efficient utilization of their virtualized currency that will boost their proceeds.

Token Crowd Sale

A participant who wants to purchase AMLT during the Token Crowd Sale needs to pass through the onboarding procedure after transferring ETH to the AMLT Crowd Sale Address. The Participant needs to provide for the compliance evaluation Participant’s Profile and Identity Data and Participant’s Ethereum Address from which the payment for AMLT is supposed to be made. In case the Participant does not provide all data required by onboarding process until AMLT Crowd Sale Timeout, providing this data would still be possible within 2 weeks after the Crowd Sale, the documents will be verified within a maximum 4 weeks after the Crowd Sale.

Tokens Distribution during Crowd Sale

Tokens available to public at launch: 210,000,000

Data rewards pool for Network Members: 120,000,000 (distributed monthly by the smart contract)

Consultants/Advisors: 2%

Ambassadors/Referrals: 1%

Founding Team: 10% (with lockup period)

Dev team and bonuses: 4% (with lockup period)

Foundation/Charity: 0,5%

Total AMLT Tokens generated in smart contract: 400,000,000

 

Another information of AMLT :

“Coinfirm has stepped in with a much need solution for aml compliance around blockchain with benefits for both cryptocurrency companies and financial institutions that also helps both ecosystems safely interact”
(Ruth Wandhöfer, Managing Director, Citi Bank)

 

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