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Portis
Israel
24 May 2018 (7 Years)
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Security Information
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 Portis
Company Information
Get to know Portis
Portis is a platform for making Decentralized Applications accessible to mainstream users. The company is focused on making interactions with these new type of apps much simpler, by offering a web solution, meaning users don't need to install anything to get started. Since Portis uses end-to-end encryption, its users maintain control over their crypto assets while enjoying a familiar cloud-like experience. To interact with applications on the blockchain, new users must go through so many steps, from installing a special browser and understanding cryptographic concepts, to figuring out transaction fees and how to pay them in the first place. Services like Portis remove all that friction, by allowing users to simply use the app by registering with an email address. Once the onboarding process is simplified, mass adoption will quickly follow, to an extent where users will not even realize they are using a blockchain system.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
- Technology Software Development
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