Scorechain has announced the launch of its new product of transaction tracking and AML software for cryptocurrencies: Scorechain Litecoin Analytics Platform. It is the first real-time comprehensive Anti-Money Laundering tool with deep analysis for Litecoin in the market. This new analytics tool will be showcased for the first time at the Paris Blockchain Week Summit on 16-17 April 2019.
Specialised in crypto-tracking compliance tools since 2015, this Luxembourgish company provides AML & Compliance solutions for cryptocurrencies with a very powerful and unique scoring system and advanced analytics. As of now, Scorechain’s products and services include Bitcoin analytics covering Lightning Network analytics, Ethereum analytics covering ERC20, both with API, full customizable scoring, reporting, and ICO AML reporting service. Today, it serves exchange platforms, OTC trading desks, ICOs, private banks, audit firm and custodians all over the world.
Scorechain Litecoin Analytics Solution is the new piece of the products range and answers the market demand for a Litecoin Analytics Solution. The product gives the ability to track both the origin and destination of litecoins, to analyse deeply addresses and transactions risk, to set up alerts to enable real-time monitoring, to customise AML rules, and to add groups and labels adapted to any compliance policies. Moreover, the feature “I know this address” enables customers to contribute to the database.
Regarding the future plans, Pierre GERARD, CEO of Scorechain, said: “we have a very clear roadmap and we plan to deliver new features very often. We also see a lot of new needs from the market for crypto assets analytics monitoring not only for compliance and AML so we are continuously working hard to deliver powerful tools that really fit the customers demands”.