• 21 May 2021
  • 2.6 mins
  • 487 views

We’ve made a short reference to the $SKRT utility token. Now let’s go deeper into what will SKRT do and how it keeps the entire Sekuritance RegTech suite glued together.

There are many companies that specialize in products and services to try and solve parts of the personal data leakage problem. None are working in sync with each other to offer retailers, merchants, and corporates, a consolidated solution under one roof.

We are a platform that brings compliance and anti-fraud solutions under one roof.

The SKRT is a utility token that gives token holders a right to use the network, the whole suite of products including the beta releases of new advanced features as well as query the various artificial and business intelligence datasets that are being offered to the fiat & blockchain community to better protect their individual and corporate interests.

The SKRT token will be used for the fast processing of network security verifications for the Sekuritance Product suite.

SKRT also acts as the underlying payments platform for the Sekuritance Product suite, plus the numerous software applications (or APPs) to be built on top.

$SKRT token holders will also be eligible for more queries per unit allocated with each wallet top-up into the platform.

Businesses and corporate entities integrating with the Sekuritance RegTech suite automatically become token holders and eligible for the various Sekuritance Compliance, Security, and Verification Seals which they can distribute on their website and various presentations, enabling them to promote and be proud of their seal of good governance to their audiences.

SKRT will be an ERC20 token. The central benefits of compliance with ERC20 standards for SKRT lie in the popularity of the standard type itself, wherein its integrity as a tech and protocol standard are well documented.

Ethereum and Solidity, the platform’s smart contract scripting language are supported by a very well-established and active community. Ethereum is ‘future proof’ when considering its roadmap (Metropolis and Serenity phases), which paves the way for things like Proof of Stake, Sharing, or Plasma chains. Ethereum also has much higher performance when deployed on permissioned chains.

The Sekuritance SekurSuite blockchain integration is planned to be released in its first stage in Q4 2021.

SKRT will be primarily driven by customer adoption and grow exponentially during product launch and sales growth phases.

To summarize – the SKRT Token is a utility token that gives token holders a right to use the network and the whole suite of products including the beta releases of new advanced features. In addition, it allows users to query the various artificial and business intelligence datasets that are being offered to the fiat & blockchain community to better protect their individual and corporate interests.

About Sekuritance

The Sekuritance RegTech platform provides a single platform for every eGRC need, including end-to-end AML/CTF, CECL, FCPA, vendor management, beneficiary onboarding, investor check, card processing MFA checks, blockchain wallet checks, cyber-risk assessments, and other RegTech or Business Process Management requirements.

Stay tuned for more info and follow us at:

Twitter: http://twitter.com/sekuritance

Telegram: http://t.me/sekuritance

Website: https://sekuritance.com

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