Infinito partners with compliance platform Coinfirm and AMLT Network
8月 2, 2018
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LONDON: Thursday 2nd August 2018

  • Infinito is partnering with Coinfirm and its token network, AMLT
  • The partnership will increase the security and transparency of the wallet
  • Coinfirm are industry-leaders in managing risk and compliance for Blockchain companies
  • AMLT tokens will be added to the Infinito Wallet with further integrations planned.

Infinito Wallet has been supporting a wide range of cryptocurrency coins and tokens since its launch in 2017. The wallet is announcing a partnership with compliance platform Coinfirm and its token network, AMLT, to enhance wallet security and meet global regulation standards.  

The universal wallet is one of the foundations of Infinito Ecosystem for users to manage crypto wealth, enjoy applications and to make payments securely and seamlessly in few clicks, while businesses can efficiently build and launch successful blockchain innovations. Through our ecosystem, Infinito aims to drive true blockchain mass adoption for both users and businesses by solving the problems of poor experience, interoperability, and general inaccessibility they are facing in decentralized world.

A partnership for greater security and compliance

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Infinito, the team behind a leading Universal Wallet that supports the majority of coins and tokens, is partnering with Coinfirm, a regulation tech company that provides transaction security, AML (Anti Money Laundering) and CTF (Counter Terrorism Financing) services and market research.

With Coinfirm’s expertise in regulation, security and risk management, Infinito will provide users a more secure experience in line with global compliance standards.

Coinfirm’s token, AMLT, will be added as a native token to the Infinito Wallet, with further AMLT Network feature integrations planned in future.

The technical implications

This partnership marks the next milestone in Infinito’s journey to all-inclusive security, and regulatory compliance to be ready for mass adoption for crypto usage. Coinfirm’s AML verification technology on top of Infinito’s existing infrastructure will heighten the Universal Wallet’s security – safeguarding transactions for all parties.

Security features will be added to enable AML profile checks, and access to detailed transaction records, ensuring transparency and financial interaction management. This technical integration protects both investors and companies launching ICOs (Initial Coin Offerings) from risk and security threats.

Incentivising transparency with the AMLT network and token

Infinito will integrate Coinfirm’s AMLT Network and Token. The Network enables members around the world to report illegal activities in the economy, and are rewarded in AMLT.

The AMLT token was created to enhance transparency and security within the ecosystem, as it allows the market to determine the risk of other participants. It also serves as the utility token for the Coinfirm AML/CTF Platform and a range of products already used by over 100 companies in the crypto space.

Junya Yamamoto, President at Infinito says:

“This partnership is very exciting. Coinfirm will bring great value to all blockchain enthusiasts, projects, and companies. Our technical integration will help services utilizing blockchain to reliably reach their potential markets. And for users around the world, it will streamline and safeguard participation in any blockchain ecosystem. Infinito aims to become an infrastructure to deploy blockchain projects for businesses. For users, it strives to become the best infrastructure to provide them universal access to digital assets and services with the utmost security. We are looking forward to the day when blockchain can become a practical infrastructure in society.”

Pawel Kuskowsi, CEO & Co-Founder of Coinfirm says:

“Infinito is continuously showing the market not just their expansive vision towards their wallet but their dedication making Infinito a leader in addressing regulatory compliance and security on the wallet market. Bringing the Coinfirm AML/KYC Platform and AMLT Network into the Infinito Wallet will not just help address compliance but will provide a new level of adoption potential as well as security and transparency for users.”

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Contact: 

Charlie Bussat: [email protected] | Tel:+84 (0) 32765048

Ben Goldsmith: [email protected] | Tel: +44 (0) 7788295321 


About Coinfirm

Coinfirm is a regulation tech platform that is enabling the safe adoption and use of blockchain. The Coinfirm AML/CTF Platform uses big data and algorithms to provide structured, actionable data that increases efficiency, cuts costs and streamlines compliance.

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About Infinito Wallet

“作为用户的主要通用加密货币钱包,Infinito钱包是用户最大化其加密货币使用和潜力的门户。我们的DApp浏览器-App Square-可以访问最具创新性的区块链应用程序,满足日常用户需求。 Infinito 钱包扩展了我们的合作伙伴网络,旨在建立一个实用的区块链服务生态系统,包括交换,ID / KYC解决措施和其他区块链相关的商业服务。同时,我们通过Infinito区块链平台来支持开发商和企业社区。开放区块链技术基础设施和合规就绪服务,以便让它们能够有效地无缝地构建,启动和运营创新产品和服务。


Infinito钱包的区块链研发专家核心开发团队拥有丰富的专业经验。目前,我们拥有50多名成员,包括开发人员,设计师,经营,营销和客户服务专家。我们正在区块链进行加密货币基础设施研究和开发。”


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Author
Shane Tran Thai