KuCoin Lists OriginTrail (TRAC)

OriginTrail (TRAC) trading on KuCoin starts on March 26
26 March 2018   1542

KuCoin added OriginTrail (TRAC) to its trading platform on March 26. Deposits and withdrawal of TRAC/BTC and TRAC/ETH trading pairs are available from 18:00 Mar 26, 2018 (UTC+8) while trading starts at 22:00 (UTC+8).

About OriginTrail

OriginTrail is a unique solution allowing IT providers in supply chains to set up blockchain supported data sharing in multi-organizational environment. It helps them build transparency beyond the “one step down, one step up” traceability principle. Furthermore, it improves the integrity of product data and drives efficiencies for stakeholders.

Original TrailOriginTrail

The first version of the OriginTrail solution is proven and currently deployed in the food industry. The upcoming open source version will be suitable to any product supply chain such as automotive, consumer goods, pharmaceutical etc. 

TRAC chartsTRAC charts

Price at the moment of press: $0,1
Market cap: $46 265 920

More:

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All the information regarding new tokens and coins which are hitting the markets and exchanges in 2018 you can see in our calendar.

Binance to Join Forces With IdentityMind

IdentityMind provides exchanges with ability to comply with KYC\AML worldwide
26 March 2019   86

Binance announced an agreement with IdentityMind, which will help it ensure compliance with regulatory requirements and improve data security.

IdentityMind provides cryptocurrency exchanges with access to the platform, thanks to which they can monitor compliance with customer identification and anti-money laundering requirements in real time. This includes connecting new customers, managing their profiles and monitoring transactions.

The partnership between Binance and IdentityMind further strengthens our compliance capabilities and our commitment to re-invest in the blockchain ecosystem and grow it. We continue to evolve and enhance security systems while adhering to regulatory mandates in the countries we operate in. The goal is to foster greater trust among financial institutions worldwide.
 

Samuel Lim

Chief Compliance Officer, Binance

Last year, Bloomberg wrote about the Binance user identification system as the least strict in the entire industry, and linked the “level of anonymity” provided by the exchange with the risks of money laundering and market manipulation.

In October, Binance entered into an agreement with a supplier of transaction analysis software on the blockchains Chainalysis, and in November with Refinitiv, which developed an automated solution for client verification.

Whether the ordinary users of the platform will feel the impact of the integration of IdentityMind tools on themselves, the exchange does not specify.