Weekly Update 10th December 2021

Another interesting week for the Sekuritance team. While not as hectic as the previous two weeks, we still have some interesting updates. Here are the main events that happened throughout this week:

Updates on the Aimedis (AIMx) Project

We are currently working on the new utility for the $SKRT economy and are going to be awarding our top holders with a launch airdrop of AIMx — until then just hold your $SKRT in any wallets you control and tied to your profile on the Sekuritance Portal (https://portal.sekuritance.com).

All our top holders will start participating in community drops from our launch projects. We are planning the first drop in the first week of January.

Some more good news regarding Aimedis is that it is now listed on CoinGecko & CoinMarketCap.

Reconciliation of Kitsumon IDO

Kitsumon’s IDO closed. Great success of over 2000 participants taking part. This is now closed and reconciliation is well underway.

Keep up to date with some interesting blog posts.

This week we looked at stable coins and how these could represent the future of banks. Stablecoins are digital currencies that are backed by fiat currencies, physical commodities or, in some cases, other cryptocurrencies.One of the main benefits of stablecoins would be their capacity to act as a variation of a narrow bank, holding 100% reserves in high-quality liquid assets against their coin liabilities. This lowers the risk for those invested with them. You can find out more about it on our blog post here.

Another topic which we looked at is the relevance of automated solutions for compliance. Compliance automation technology is the use of technology to automate compliance processes that have previously been done manually. It is powered by artificial intelligence, using cutting edge technology to make procedures easier, more reliable and able to react to changes in regulatory requirements quickly and effectively. You can find out more here.

About Sekuritance

The Sekuritance RegTech platform provides a single platform for every eGRC need, including end-to-end AML/CTF, CECL, FCPA, vendor management, beneficiary onboarding, investor check, card processing MFA checks, blockchain wallet checks, cyber-risk assessments, and other RegTech or Business Process Management requirements.

Stay tuned for more info and follow us on:

Twitter: http://twitter.com/sekuritance

Telegram: http://t.me/sekuritance

Website: https://www.sekuritance.com