LONDON: APRIL 10, 2018
DasCoin, the Currency of Trust and the store of value within Das ecosystem, is both KYC and AML compliant. This ensures participants are verified, adding extra security, offering fraud prevention, ensuring a transparent system of operation.
DasCoin is proud of its status as part of a KYC authenticated network. By requiring that all participants of the Das ecosystem are KYC authenticated, the network is ready for financial regulation and to maintain its position in the market as The Currency of Trust.
KYC is put in place to ensure that all customers are who they say they are, meaning that transactions, although anonymous are traceable if suspicious beyond reasonable doubt. Members of the community should rest assured that their purchases are completely anonymous to those inside and outside the community, and remain anonymous unless complying with an official court order.
This forms a key and important part of the company’s AML (Anti-Money Laundering) strategy.
Michael Mathias, Founder and CEO of DasCoin, said: “One of our main objectives is to work with governments and maintain a secure and legal system, from both a technical and regulatory standpoint. We’d invite any government body to come and talk to us about our KYC and AML processes at any time.”
DasCoin possesses and operates best in class blockchain technology and is developing the products and services to create value that was never before possible. DasCoin are not “mined” like Bitcoin and other proof-of-work coins. The minting process is a form of proof of stake which results in a significant reduction in energy consumption.
About DasCoin: DasCoin is a better way to store and exchange value and is the next step in the evolution of money.
DasCoin is the blockchain-based currency at the center of an innovative digital asset system that seeks to optimize the strengths and eliminate the weaknesses of existing currency systems. It is fast, efficient, balanced, secure and scalable.
DasCoin is focused on creating a digital currency that delivers superior performance through greater operational efficiency, increased transaction capacity, wider distribution, better governance and greater regulatory compliance. Protected by industry leading security protocols and a permissioned blockchain, DasCoin is a pioneer in the sector with the goal of becoming the world’s first mainstream digital currency.