–, ChainUp, a globally recognized leader in blockchain technology solutions, has announced that its esteemed subsidiary, Trustformer, known for its mastery in Know Your Transaction solutions, is set to expand its operations into the rapidly growing field of regulatory technology . This strategic move signifies more than mere expansion; it embodies the company's vision to provide businesses with innovative tools and solutions tailored to meet stringent legal and regulatory standards.
Besides Trustformer's aspirations in KYT, the company has laid out plans for an in-depth exploration of critical sectors like Anti-Money Laundering , Counter-Financing of Terrorism , and the complex domain of crypto financial transaction compliance. Whether it's conducting crime investigations or identifying cyber threats such as hackers and spyware, Trustformer remains resolute in its mission to curb risks associated with money laundering and terrorist financing.
Trustformer stands ready to guide the way with state-of-the-art technologies such as automation, artificial intelligence, machine learning, and advanced data analytics, and complemented by services emphasizing transactional vigilance, third-party surveillance, and meticulous audits. Trustformer's aims to proactively identify, manage, and neutralize non-compliant activities in real-time, bolster internal mechanisms, and safeguard businesses from potential financial transgressions.
Trustformer’s CEO, Rye Zhang, remarked, “Diving deeper into the regtech arena is a strategic move, crafted to resonate with our partners' aspirations. It's about fostering high-caliber, sustainable operations. Trustformer's dedication to tech innovation and nurturing partner alliances remains unwavering.