A risk monitoring solution to detect and prevent illegal use of cryptocurrencies
Merkle Science believe that by 2030, every consumer who makes a credit card payment or a bank transfer, would have used the blockchain without even knowing it. For this to happen, regulators would play a very important role. Their vision is to be the layer of trust between banks, regulators and blockchain companies.
Globally, there is a wave of upcoming cryptocurrency regulations for AML and fraud prevention (FATF, EU 5th AML Directive, SG Payment Services Bill). In order to comply, blockchain companies, funds and regulators need high-tech cybercrime tools.