Scorechain is proud to join the Know-Your-Hashrate initiative for dialogue and solutions between miners, regulators and institutions

We are happy to announce that Scorechain has joined ‘Know Your Hashrate’ (KYH) as a sponsor to make contributions to this field.

KYH is “a term coined by Ian Gilmour at SLiC International Ltd, one of a new breed of Institution Grade, Digital Asset miners”¹.

Incubated by SLiC, KYH is “intended to promote a dialogue between three sectors of the Digital Assets economy: miners, regulators and institutions”². It will “help develop a dialogue between Digital Assets stakeholders and host a debate on how best to legally integrate the centralized and decentralized infrastructures”³. It provides “a platform for digital assets participants to discuss how to block criminal activity in Bitcoin Mining”⁴.

SLiC is a founding contributor to KYH, early sponsors include aussi Koine, IOUR, Yellaw, Engineered Fluids, etc. More organisations will be announced in the future as well.

Read more on https://www.knowyourhashrate.com/

Scorechain is now officially one of the sponsors to this project. As a European Leader in Risk AML software for cryptocurrencies, Scorechain will make its knowledge available to the working group. 

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References:

1. Press release, Know Your Hashrate, 3rd Sep 2020.
2. Idem.
3. Idem.
4. https://www.linkedin.com/posts/bitcoin-kyh_digitalassets-hashrate-coinbase-activity-6708777957906800640-y9jA