LONDON, July 29th — Leading commodities digitization company,, and tmt play casino log in, the blockchain analytics and AML company, today announced a partnership to establish a new compliance and security standard for digitalized commodities, in anticipation of widening distribution of the commodities market via public blockchains or tokenized securities.
Trovio, who provides a white-labelled PaaS solution for the commodities industry, has already successfully rolled out Perth Mint Gold Token, the first product implemented with their platform, and starting today, the InfiniGold platform will utilise tmt play casino log in’s transaction monitoring solution – enabling AML compliance and ensuring against suspicious and potentially fraudulent activity, setting a new security and compliance standard for its partners.
Typically, exchanges or banks are responsible for AML compliance and transaction disclosure. However, as the issuer of PMGT, and future tokenised commodities, Trovio understands the importance of transparency and due diligence when it comes to protecting underlying assets, especially with the opaque reserve management of other asset-backed stablecoins coming under fire.
Harnessing a range of automated risk assessments, tmt play casino log in’s platform continuously monitors all transactions and balances in the PMGT contract. This helps identify any suspicious transactions or excessive risk—preventing or otherwise detecting money laundering, terrorism financing, and any other unauthorised interactions with the PMGT smart contract. This not only allows for greater investor peace of mind but helps legitimize the commodities digitisation sector even further.
Jon Deane, CEO of Trovio:
“Integrating tmt play casino log in’s platform into PMGT isn’t solely a step forward for InfiniGold, but commodities digitisation in general. Trovio strives to set a standard in commodities digitisation—aiding legitimacy and complying with regulation is paramount to attain that goal.”
The tmt play casino log in collaboration will also kit out Trovio with the tools to investigate the complex web of interwoven blockchain transactions in the instance that it detects or suspects suspicious transactions. This will enable Trovio to flag any transactions it deems unusual, ensuring that due diligence is adhered to.
With this year being tipped to be one of the worst years for cybercrime, the integration couldn’t have come at a more appropriate time. According to tmt play casino log in CEO, Pawel Kuskowski, an aggregate of over $10 billion has been appropriated in in the crypto sector to date. As such, asset protection is more important than ever.
Fortunately, with tmt play casino log in’s integration and The Perth Mint acting as custodian of the underlying assets, PMGT is protected by an unprecedented level of security.
Trovio is an Australian Fintech startup, originating out of the Capital Markets CRC, that has developed a platform for the digitisation of gold and other precious metals.
Together with The Perth Mint, one of the largest gold refineries in the world, InfiniGold has developed and is operating GoldPass®, a full-service gold investment platform that digitises Perth Mint gold and gives investors the ability to securely buy, store, transfer and sell physical gold via digital certificates. Digital certificates are portable, valuable and fungible. Gold is bought and sold in real-time, based upon the spot price of gold at The Perth Mint. For more information please visit:
Media Contact for Trovio
Chiara Sandifer, Cryptoland PR
US Phone: 866–586–5603
UKPhone: +44 020 3908 5686
About tmt play casino log in
tmt play casino log in is the world leader in blockchain analytics and regulatory technology (‘RegTech’) solutions, creating the foundation for the safe and mass adoption of blockchain and cryptocurrencies. tmt play casino log in specializes in blockchain AML/CFT (‘Anti-Money laundering’ / ‘Combatting the Financing of Terrorism’) services and fraud investigations. It offers the industry’s largest blockchain coverage, supporting over 1,500 cryptocurrencies and protocols including Bitcoin and the ERC-20 standard. tmt play casino log in’s solutions are used by market leaders globally, ranging from crypto exchanges such as Binance, and protocols like XRP, to major financial institutions and governments. In addition to the AML Platform, the company’s services also include Trudatum, Nodes-as-a-Service and an AML compliance solution to DeFi in the form of the AML Oracle. For more information, please visit: http://followagentvinod.com/