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Primechain Technologies

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India

Founded in

12 Aug 2016 (9 Years)

Founded

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1.67

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Security Information

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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 Primechain Technologies

    Primechain Technologies is a global blockchain company that operates the BankChain community of banks for exploring, building and implementing blockchain solutions. Primechain maintains the Blockchain Security Controls, the open source YobiChain project and Primechain-CONTRACT a private blockchain based solution for document storage, authentication, and verification. Primechain is also developing the world's first multi-node, pre-configured blockchain appliance. Primechain solutions are relevant for various sectors including Banking & Financial Services, Government, Healthcare & Pharmaceuticals, Insurance, Manufacturing, Aviation, Shipping & Logistics, Telecommunications, Defence & Military.

    Industry

    • Crypto CryptocurrencyPRIMARY
    • Financial Banking
    • Financial Insurance

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