Aleph Zero Partners with Coinfirm for Advanced AML Solutions
Aleph Zero has announced its partnership with Coinfirm, a global leader in blockchain analytics and Anti-Money Laundering (AML) solutions. The collaboration aims to implement advanced AML transaction monitoring and wallet screening capabilities into the Aleph Zero ecosystem. The integration process has already begun, with the goal of ensuring a safer blockchain economy, readiness for decentralized finance (DeFi) and enterprise use cases, and compliance with regulations across multiple jurisdictions.
Coinfirm's Privacy-Focused Analytics Tools
Coinfirm is committed to maintaining user privacy while providing its analytics tools. The company focuses on transaction patterns and risk factors associated with illicit activities to effectively maintain regulatory compliance without collecting personal information about individual users. This approach allows Aleph Zero users to enjoy the benefits of enhanced security and compliance while preserving their privacy.
Integration Timeline and AZERO Asset
The integration of Aleph Zero's native asset, AZERO, into Coinfirm's AML transaction monitoring and wallet screening tools is expected to be completed in the coming months. This will further strengthen the security and compliance measures within the Aleph Zero blockchain ecosystem.
AMA with Tangem Team on Aleph Zero Discord
In related news, an Ask Me Anything (AMA) session with the Tangem team is scheduled for today. Interested parties can head over to Aleph Zero's Discord channel at 2 pm UTC to learn more about Tangem's hardware wallet solution and its upcoming integration with Aleph Zero. The AMA will be held in a text chat format on the #tangem-ama channel. To join the event, visit the Aleph Zero Discord invite link provided in the source tweet.
Week 20 Update: Progress on Common and Signer
Aleph Zero has also provided an update for Week 20, highlighting the progress made on the core implementation of the Common Decentralized Exchange (DEX) and Signer. The team is finalizing the Automated Market Maker (AMM) portion of the Common DEX, while the Signer is just a few weeks away from being released. More updates are expected to be shared as these projects move closer to completion.