Coinfirm to Conduct AML Checks for ZILLA

Coinfirm to Conduct AML Checks for ZILLA

Coinfirm, the UK-based anti-money laundering(AML) and compliance blockchain platform, would conduct AML monitoring service for all ICO’s token sale on the ZILLA platform to secure ICO contributors’ participation, according to the media reports, published in this week.

Coinfirm CEO Pawel Kuskowski was cited as saying that ZILLA would be able to provide AML checks for ICOs on its platform with a further security and compliance.

The partnership with Coinfirm would “strengthen the compliance to a level above and beyond what banks can provide,” ZILLA CEO Abasa Phillips noted.

The regulation-tech provider Coinfirm is known for blockchain-based AML and  counter-terrorism financing(CTF) platform by using proprietary algorithms and big data analytics to provide actionable data as well as to streamline compliance.

ZILLA, which was founded in 2017 in Singapore, aims at building ICO marketplace with safety,and the timeline for its full launch expects in Q2 this year, according to its website.