A global leader in Blockchain AML and Analytics, Coinfirm’s blockchain agnostic Platform automates AML and builds the bridge between the blockchain economy and the regulated mass market.
Applicant name: Coinfirm
Innovation Name: The Coinfirm AML & Analytics Platform
Innovation Type: Product
Website: http://www.coinfirm.com
Mission: Coinfirm is a global leader in blockchain
Innovation Description: Currently the blockchain market will not fully integrate into the mass or traditional market without an AML solutions and standard for each variable of application. Coinfirms AML and analytics platform solves that across each case. Using proprietary algorithms and risk scenarios Coinfirm not only provides actionable data within seconds with real time analysis but streamlines and increases the efficiency of the process like never before. Currently the platform has serviced major regulated financial institutions to allow them to properly integrate blockchain into their operations as well as allowing the largest coins to provide an AML layer so they can work on the traditional market.
Status of Innovation: In-market
Innovation Active Since: 03/01/2016
Applicant Type: Private Company
Headquarter City: London
Headquarter Country: United Kingdom
Year Founded: 2016
Main Category
Main Category Choice: B2B Solution
Why do you think you should win this category?:
Using blockchain technology for related assets and currencies we have made AML up to 90x more effective and have allowed major crypto entities and protocols to enter the traditional system and have allowed the traditional system to adopt blockchain assets. We are the bridge between the two economies. Dozens of billions are spent on compliance aspects in the traditional system in europe each year alone. As blockchain assets and systems are further regulated and enter the mass economy these numbers will continue to increase. Case study consists of our over 130 clients ranging from banks to major blockchain protocols like Ripple’s XRP. The team consists of former global heads of AML at major financial institutions, anti fraud and investigation specialists from Big 4’s, veteran blockchain developers and startupers. Ranging from our “Blockchain agnostic” capability within our solutions so the ability to integrate any type of blockchain or related protocol whether public or private to our 300 proprietary algorithms and risk scenarios…
Secondary Category
Secondary Category Choice: Compliance Solution
Why do you think you should win this category?
Using blockchain technology for related assets and currencies we have made AML up to 90x more effective and have allowed major crypto entities and protocols to enter the traditional system and have allowed the traditional system to adopt blockchain assets. We are the bridge between the two economies.
Team Members
Full Name: Grant Blaisdell
Role: Co Founder
Linkedin: https://www.linkedin.com/in/grant-blaisdell-52761460/
Supporting Links
Entry Representative
Full Name: Grant Blaisdell
Role: Co Founder
