Protocon Signed a Strategic Partnership with Regtank, a One-Stop Software-as-a-Service Compliance Solution Provider
Summary
SEOUL, South Korea, Sept. 05, 2022 (GLOBE NEWSWIRE) -- On September 5th, Protocon, a blockchain mainnet project, signed a strategic partnership with Regtank, a risk management solution provider based in Singapore. Cryptocurrency, which is characterized by anonymity, can be abused for abnormal transactions, such as money laundering, financing of terrorism, and fraud. It is becoming increasingly important to introduce security solutions such as monitoring transaction records, identifying funding sources, and risk screening in creating and maintaining a safe blockchain ecosystem. Based on the above solutions, Protocon is planning to build a network safe from all internal and external attacks. Adopting a risk-based approach (RBA) incorporating both KYC, KYB, and KYT into a single consolidated platform.