/biz/ - Business & Finance

>>58273821
Everchain is regulated and consists of:
Identity chain, and transaction chain.
that is where YOUR datagram interacts with the network, and it is actually stored in private IPFS where there is no risk of it disappearing and that is where your datagram lives.
each aspect within the cells of information in the datagram are all of the properties of you, your name, transactions, jurisdiction, documents, all of it right here on-chain and it is encrypted at rest and in flight (that means at all times even when in use), and is shareable via ZKPs yet still acceptable by Banks and Financial entities because of the KYC Everest provides in a granular fashion approved by you.

So. Everest has the best- the only- KYC/AML compliance suite that is not prone to being spoofed as an integral part of their platform (due to human + unique + ZKPS + credentials consistently). Other CASPs have a glaring flaw at this level and expose themselves to 1) Not being licensed and/or 2) Losing their license and facing substantial fines come audits for empowering bad actors ala CZ.

Let’s put everything together.

Part 4: The Logical Solution
Revisiting the Everest stack, the team aimed to build a platform that could power society. Thinking ahead, they were wise enough to apply for and obtain the leading CASP license in the crypto landscape- the VFA. By obtaining this VFA license by ways of the MFSA, Everest will be grandfathered into MiCA and can offer their suite of solutions legally. ‘MFSA nailed 98% of MiCA’ years in advance of the regulations coming to fruition.

With this legal clarity, we are starting to see everything fall into place. In the past few months, the team has made public that they:
- are tokenizing 250M in minerals for a multi-billion dollar mining conglomerate as a TEST RUN. Yes, 250M TVL as a test.
- strategically partnered with Onex, Bitstamp, Bitso to grow and market in Latin America

>>58192669
Stay poor