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Horizen
United States
31 May 2017 (8 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.
Company Information
Get to know Horizen
Company Information
Get to know Horizen
Launched in 2017, Horizen’s leading-edge platform enables real-life uses outside of their cryptocurrency - ZEN. Horizen is a massively scalable general-purpose blockchain system that enables an unbounded and fully decentralized sidechain ecosystem. Horizen is creating an ecosystem with a censorship-resistant peer-to-peer network owned by its users, permissionless in participation, and constructed with incentives for endogenous growth. Horizen’s goal is to create a sidechain system that enables real-world applications to be mapped on a fully distributed, secure, privacy-preserving blockchain architecture, and sharing the use of ZEN as a well established and tradable token with real value. Such a system will allow developers the creation of decentralized applications implemented as sidechains to the Horizen main blockchain with their own logic and data.
Industry
- Crypto CryptocurrencyPRIMARY
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