BitRank Verified compliance visibility helps businesses identify and respond to security and legal concerns related to enterprise payments.
Key Metrics for Crypto Compliance
Metrics gathered from Big Data analytics are critical for proper compliance workflows and risk scoring. Consider the following examples.
- Associated accounts: Analytics performed on suspicious activities on the blockchain can help identify suspicious behaviors associated with certain accounts.
- Geographic location: Insights regarding geographic location may help identify transactions with associated terrorism related risks.
BitRank Verified Compliance Visibility in Salesforce
There are myriad scenarios in which red flags, with respect to compliance, can be identified and addressed with automations.
Web3 Enabler’s BitRank Verified integrations provide these types of automations for businesses, directly within Salesforce.
These workflows are critical for verifying blockchain transactions.
Further Discussion Regarding System Security and Transparency
Web3 Enabler’s Product Manager, Niles Lee-Smith, and I had the pleasure of interviewing hacking expert, Phillip Wylie, on a Real World Blockchain Podcast special. During this podcast episode, Mr. Wylie provided further insight on how gathering information (also known as reconnaissance) about a system can assist hackers (ethical or malicious) in identifying and exploiting security vulnerabilities.
