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27/11/19 08:00 UTC-5

Zilliqa partnered with Elliptic, a blockchain analytics startup

BlockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
Zilliqa network provider has taken a step towards improving the security of its network infrastructure, which was launched earlier this year.

 

New Zilliqa collaboration

Zilliqa has begun a partnership with Elliptic, a blockchain analytics startup. Elliptic will provide Zilliqa with ongoing anti-money laundering (AML) compliance support for its own ZIL tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details
, as well as the recently released stable XSGD coin with a 1:1 peg to Singapore dollar.

Elliptic will identify and help block potential transactions related to illegal activities on the Zilliqa network using its blockchain transactionTransaction
– is a financial term that means a logically meaningful operation that can only be carried out completely. Details
monitoring tool.

Interesting in the section: The European Investment Fund is investing €400 million in blockchain development

See also: "The US CFTC has raised more than $1.3 billion in fines this year"

#Zilliqa #cryptocurrency #blockchain #Elliptic

Editor: Yuliya Soroka
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