Cryptocurrency Dash has announced the direct cooperation with a blockchain compliance platform provider, Coinfirm. The partnership will create a solution for AML/KYC compliance in the cryptocurrency sector.
London-based Coinfirm will provide Dash with the ability to offer safe adoption by commercial or financial institutions that require full-fledged compliance without affecting Dash’s optional privacy features. Dash core developers say that the partnership allows traditional commerce a pathway to embracing digital currency. Dash, which stands for “digital cash,” is an open-source, decentralized currency which can be sent and received instantly with zero risk of double payment or theft. Transactions lock in a matter of seconds, allowing Dash acceptance to be feasible at the register.