BLOCKCHAIN FOR AML – HARNESSING BLOCKCHAIN TECHNOLOGY TO DETECT AND PREVENT MONEY LAUNDERING

Our partner Floyd DCosta, Co-Founder of Blockchain Worx, recently published an article painting the possibilities of blockchain and what it can do as an AML solution.

"A blockchain-based AML platform makes it possible for regulatory authorities, risk officers, auditors and other relevant stakeholders to monitor complex transactions in an automated and effective manner, as well as immutably record audit trails of suspicious transactions across the system."