Weekly Update 11th February 2022
This week has been nothing short of amazing. We launched our Sekuritance Portal and announced some interesting partnerships. We’re very grateful that all the hard work is paying off.
Let’s take a look at our top updates this week.
$SKRT tokens Airdopped
This week, we announced that the $SKRT tokens for our AdopterClub members were been airdropped on the Polygon network!
$SKRT Portal Launch
We’re ecstatic to have launched our Sekuritance Platform, opening up the portal’s ecosystem for users to perform identity management, regulatory compliance, KYC, KYB, AML and Onchain Analysis checks using crypto as a payment method. Get to know more about it here.
We Partnered up with Axion Network
We are glad to announce our partnership with Axion. This partnership will support the Axion Launch initiative through the Sekuritance platform by integrating features from the Sekur.Suite via its KYC and AML verification engine for its user-base. Learn more about it here.
This week, we also partnered up with GainPool. They will be making use of our RegTech solutions, such as in-depth on-chain analysis and advanced KYC & AML checks as a way of complying with local and international requirements when launching projects. Find all the information here.
SKRT Moon Launch NFT
To inaugurate the launch of our new RegTech functionality on the SKRT platform we are putting out our next NFT giving the owner unique access. You can find it on OpenSea.io.
Legion Network Partnership
We’ve partnered up with Legion Network, the first super Blockchain ecosystem that combines the best services of the industry into one Super App. Legion is doing an IDO w/ Sekuritance as their Compliance Partner on Feb 17, 2022, 14:00 UTC! Contributing currencies will be in the form of USDT ERC-20, USDC ERC-20 and BUSD. The IDO will be occurring on the new Sekuritance Portal. Get to know more about it here.
NFTs and the Dangers of Financial Risks
For our first blog post, we looked at how NFT platforms tend to show a reluctance to address problems that a lack of regulation can present. It is down to other technology platforms to pick up the slack. Developing tighter protocols and more comprehensive AML and KYC requirements can help protect people from these risks. Read more about it here.
Understanding CBDCs and the Need for Regulation
Central Bank Digital Currencies are digital tokens, similar to cryptocurrency, that are issued by a country’s central bank and is tied to the fiat currency of that country.
Many countries are developing CBDCs, and some have even implemented them into their financial systems. Because so many countries are researching ways to transition to digital currencies. As with any shift into a new paradigm, there are inherent risks that need to be considered. One of the bigger sticking points is the centralisation of CBDCs, which could amplify cyber vulnerabilities already connected to fiat currencies and increase the pints of failure and vectors to attack. Get to know more about this in our latest blog post.
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.
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