Coinfirm- Adoption of ONE and of the Harmony Protocol

Funding Proposals Grants
1

Name of Project

[Coinfirm Limited- Blockchain Analytics]

Proposal overview

[Coinfirm is a global leader in AML compliance and investigations in the cryptocurrency space. Our customers include some of the biggest crypto exchanges (Huobi, Binance, crypto.com, Kyber Network, CoinDCX), banks (Sygnum Bank, Dukascopy Bank, Bankhaus von der Heydt), asset management firms (Celsius Network, Hashdex). Coinfirm covers all cryptocurrencies and tokens and has the most extensive database of identified wallet owners on the market.

Coinfirm will make software functionality that generates AML Risk Reports for the Harmony protocol and native asset “ONE” available on the AML Platform, in a form and quality similar to such AML Risk Reports that are available for other cryptocurrencies on the AML Platform.

The Service delivered by Coinfirm means an anti-money laundering and risk management platform (AML Platform) comprising software systems, interfaces, data feeds, risk assessment techniques, and methodologies developed, owned, operated, and/or licensed by Coinfirm that:

  • Allows for AML Risk Reports generation for the Harmony protocol native asset ONE as well as any other assets issued on the Harmony Mainnet;

  • Provides the coverage of AML Platform tools to support the Harmony protocol native asset “CELO” as well as any other assets issued on the Harmony Mainnet.

The Service will be available through the WWW GUI as well as through the API

Proposal ask

[$219,854.70- 90% protocol integration on Coinfirm’s AML Platform, 10% 1-Year post integration support - detailed asset allocation can be requested on demand]

Metrics for success

[ * 338.600+ digital assets and tokens covered , with more being constantly added.

  • Comprehensive blockchain database coverage (BTC blockchain, Ethereum, Cardano, others), giving on average 10x more counterparties of identified blockchain transactions than competitors.
  • Real-time monitoring and tracking of blockchain activities.
  • API and easy integration – typically one day.
  • **330+ calculated risk indicators.
    ** over a 1000 individual user accounts]

External links

[https://bit.ly/3kn9m8w], [https://www.coinfirm.com]

2

Thank you for submitting a proposal to Harmony’s $300M Ecosystem Fund. We are in the process of reviewing your proposal and will assign a representative on behalf of the Grants Ops team.

We would also love :blue_heart: to have the Harmony community participate to ask questions and provide feedbacks.

If you have more details to add, please do so by replying to this thread.