Arguably the most limiting fact facing compliant services, is satisfying the demands of AML and GDPR compliance. 

Both money laundering and privacy regulations, leave service providers open to increasing risks, costs and complexities, limiting compliant service provision to resource rich substantial providers.

Whereas when you lift AML-Compliance to Chain Level, by enabling Chain Level reporting, then the potential for change is a game changer for the following reasons:

  • Compliant value transfer service providers are relieved of the burden of compliance
  • Any business can onboard and enable customers to engage in value transfers as AML-Compliance and GDPR revocation is managed by the chain.

The question; how to enable chain level reporting of an encrypted chain, without risking the exposure of confidential user data to over zealous agencies?