Blocknet Whitepaper to be Released

The first version of the Blocknet White Paper will reportedly be released on March 15, 2018
21 February 2018   683

The Blocknet is a revolutionary advancement in cryptographic technology: a peer-to-peer protocol between nodes on different blockchains. This is the foundation of a technology stack incorporating an API and an application platform, which enables open-ended application possibilities and vastly reduces development time. The Blocknet enables multi-blockchain services to be delivered to devices that only contain a single blockchain.

The official Blocknet Decentralized Exchange brand will be revealed on March 1, 2018, and the first version of the Blocknet White Paper will be released on March 15, 2018.

Moreover, the Blocknet team announced that the Blocknet wallet redesign will be revealed on April 1, 2018.

At the moment of press, these are main market parameters of Blocknet:

Average price: $36,29
Market cap: $182 320 342
24h volume: $375 358

Binance to Partner with Chainalysis for AML

Use of Chainalysis KYT solution will allow to compile with KYC- and AML-norms and also simplify the process of opening bank accounts
18 October 2018   74

The largest exchange by daily trading volume Binance uses software from Chainalysis, called Chainalysis KYT [know your transaction], to monitor real-time transactions and identify transfers related to criminal activity. This is stated in a joint press release.

Cryptocurrency businesses of all sizes face the same core challenge: earning the trust of regulators, financial institutions and users. We expect many to follow Binance's lead to build world-class AML compliance programs to satisfy regulators globally and build trust with major financial institutions.

Jonathan Levin

Co-Founder and COO, Chainalysis

Thus, the use of software from Chainalysis not only guarantee compliance with the KYC- and AML-norms, but also simplify the process of opening bank accounts.

By working with Chainalysis, we are able to continue building a foundational compliance program that enables the next phase of our growth. Our vision is to provide the infrastructure for a blockchain ecosystem and increase the freedom of money globally, while adhering to regulatory mandates in the countries we serve.

Wei Zhou

CFO, Binance

Chainalysis KYT release was held in April.