shyft

The latest craze to hit the Crypto space is Decentralized Finance, or DeFi for short. Backed by the notion that a decentralized architecture is capable of recreating traditional finance in an environment without any centralized middlemen,…
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In June 2019, the Financial Action Task Force (FATF) amended the anti-money laundering (AML) and counter-terrorist financing (CTF) recommendation to include virtual assets. Recommendation 16, widely known as the Travel Rule was established…
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Shyft Network, a blockchain-oriented firm focused on KYC and AML solutions has added significant liquidity players in the crypto space, including Bitfinex, Unocoin, Tokocrypto, Haskey, and Tether to its Veriscope Governance Task Force. They…
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Public blockchain protocol Shyft Network is partnering with several crypto businesses including Tether, Bitfinex and Huobi to create a governance task force for its new platform, Veriscope, the company announced Wednesday. In June 2019,…
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In their ongoing fight against global money laundering, the Financial Action Task Force (FATF) has given out a new set of recommendations concerning cryptocurrency transfers between Virtual Asset Service Providers (VASPs). Under the FATF…
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So far 2020, has been a truly magnificent year for Decentralized Finance (DeFi). Since the beginning of the year, the total value locked in DeFi smart contracts has risen fivefold, with the vast majority of this growth coming from the last…
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Imagine a store without a checkout line and without cashiers. You, as a trusted customer, could simply walk into the store, put whatever items you want to buy into your cart, walk out, put your groceries into your car and drive away. Since…
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