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Gitshock Finance | Open Edgeware

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Indonesia

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10 Sep 2021 (4 Years)

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Get to know Gitshock Finance | Open Edgeware

    This paper proposes new blockchain tools with innovative products to accelerate developers or organizations in developing their ideas/projects. The products we created are generally three products; named Gitshock Edgeware, Gitshock Bridge and Gitshock Multiwallet. Gitshock edgeware enables developers to quickly deploy their preferred smart contract using our tools. Developers can save their time to build smart contracts in various chains we provide. While Gitshock Bridge enables users to transfer their assets from one chain to another with high liquidity. Gitshock Wallet will be a place to store multi network assets and become a place to stake our token. The combination of those products aims to support our ecosystem and help builders to build their innovative ideas with us.

    Industry

    • Crypto CryptocurrencyPRIMARY
    • Financial Other Service
    • Technology Software Development

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