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SIMBA Chain
United States
01 Dec 2017 (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 SIMBA Chain
Company Information
Get to know SIMBA Chain
Simba Chain is a cloud-based, smart-contract-as-a-service (SCaaS) platform that enables users to implement decentralized applications dappS for blockchain. These apps allow secure, direct connections between users and providers, eliminating third parties. The easy-to-use platform is tailored for users, developers, government, and enterprises to quickly deploy blockchain dapps for their enterprise. Simba Chain uses the Microsoft Azure Government cloud platform for rapid transaction finality. The company offers a platform that gives access to smart contract methods that transact on the blockchain ledger and enables access control groups for reading and writing. The company was founded in 2017 and is headquartered in Plymouth, Indiana.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
- Technology Software Development
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