Overview

Fincross has designed a permissioned, interoperable, and peer-to-peer – P2P – blockchain for the digital financial ecosystem. Compared to contemporary distributed financial systems and legal systems, a key differentiator of a distributed system as enabled by B&Co is that it is not limited to enterprise financial applications and it empowers a network of identity-verified users to perform P2P digital asset transactions across several applications via a single rail.

In light of recommendations proposed by the Financial Action Task Force – FATF – in June 2019 regarding a risk-based approach to ‘virtual assets’ and ‘virtual asset service providers,’ we have made design decisions that enable Finex to develop a new global standard in the compliance of distributed financial systems which store and transfer digital assets.

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Our Insights

How the Commonwealth is uniting digital asset growth and regulation

 

October 14, 2020

Our Insights

How the Commonwealth is uniting digital asset growth and regulation

 

October 14, 2020