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LifeHash

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14 Jan 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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    Company Information

    Get to know LifeHash

    LifeHash is a blockchain platform that offers unique capabilities for both consumers and organisations. Blockchain technology will create fundamental shifts in how businesses operate and how consumers interact with brands. Our vision is that everyone will use blockchain every day, and we’re there to make that happen. We build solutions on top of our platform for companies and organisations in several industries, such as insurance, supply chain and legal. LifeHash brings a decade of blockchain development to the table. CTO Gary Mckee has contributed to well-known cryptocurrency projects and has supported a major cryptocurrency project as a core developer for many years. The company has over 25 years of investigative experience gained from various law enforcement agencies around the world including New Scotland Yard London, forging a unique combination of analytical skills and blockchain knowledge in its executive team. LifeHash combines existing time-tested blockchain solutions, such as Bitcoin and DigiByte, and applies it to industry specific challenges. The current product portfolio includes an insurtech solution that applies blockchain to the claims processes of insurers and a solution for brand protection and anti-fraud applications in the supply chain. There is no need for complex integrations, questionable token systems or specific knowledge. To find out more about LifeHash, visit https://lifehash.com/.

    Industry

    • Crypto CryptocurrencyPRIMARY
    • Financial Insurance
    • Financial Legal Service

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