TRACETO.IO

Hello my healthy sister is always still with me TRACETO.io What is tracaeto?

The "Know your customer" procedure (know your customers) is borrowed from the scope of banking and exchange rules. It is ideal for financial institutions, bets, and other companies that work with personal money. This means that prior to conducting financial transactions, the specialist must identify and define the identity of the other party, as well as identify the source and recipient of the funds to determine the legal nature of the occurrence of funds. This practice prevents money laundering, terrorism financing and tax evasion.

 In this article we will talk about KYC procedures in companies that provide fiduciary services in Cyprus (Administrator Companies). These companies include Korpus Prava Corporate Services Ltd.
The final directive equates the Company Administrator with the financial organization, including within the framework of presenting requirements for the implementation of the KYC procedures and the acceptance of clients to be served. Requirements for financial institutions are provided by the above-mentioned rules, as well as EU directives.

 The KYC procedure is based on risk calculation, as well as basic personal information for customer identification. The company seeks to determine for each client the level of risk he may encounter when he or she is engaged in illegal activities.

Basic KYC basic aspects:
Customer identification;
Client acceptance for services;
Monitoring of transactions;
Risk management.
Important stages of the KYC procedure are client identification - both during company registration, and when transferring client companies for maintenance. When accepting clients, Company-Administrators request information and documents on their own clients - individuals, as well as their future or existing businesses. After providing relevant information and documents, the Compliance Officer studies the documents and information, assesses the risks, and then makes his decision about receiving clients. If the new client does not provide all the requested information, the Company-Administrator has the right to refuse customer service. If a customer whose company is already in maintenance does not provide the documents or information requested in connection with any personal or corporate activity,

The policy of client acceptance policy is developed by the Company-Administrator in accordance with the law, as well as in accordance with its own internal policies. When accepting customers, risks are classified, and Company-Administrators decide which customers can be served, and which are not. In Cyprus, Enterprise Administrators can not accept customers for services in the following cases:
The client does not provide documents and information to identify its identity, use fictitious names, anonymous clients;
The Client is blacklisted by the Office of Foreign Assets Control of the United States (OFAC SDN) and / or UN;
The Client can not confirm the source of his income, including invested in the company and / or confirm the validity of the acceptance of the client's revenue is not possible;
The Client is or a suspect, accused and / or convicted of economic crimes, financing of terrorism, fraud, money laundering;
With the decision of the Compliance Officer of the Company-Administrator.
When the client is accepted, the Compliance Officer determines the level of risk (high, medium, and low) that the client and his business are exposed to. Risk is also divided into client risk, corporate risk and geographic risk / exposure. When determining client risk, a number of important factors, for example, customer behavior, history and business nature, client political activity. When taking into account the company's risk, structure, activity duration, asset turnover, the essence of the company's activities is taken into account. When considering geographic risk / exposure, attention is drawn to the client's jurisdiction of location and the jurisdiction of the company's registration.
Traceto solves problems: identity identification and verification; the disclosure of politically significant people, sanctioned persons, and terrorists; Monitor suspicious transactions and identify funding sources.

About the project
Traceto is based on blockchain technology, which will handle exclusively verification from various users and investors worldwide. The project team already has the product, which will be the core of the product, and they have already tested it on the different top ICO.
The next step is to introduce the AI ​​in the product and combine it with blockchain. So we've said a lot of words "KYC" time, but what is it? KYC stands for Know You Customer. This procedure consists of certain types of checks that allow you to verify the identity of the user. This is done to exclude the possibility of money laundering, scam financing, and credit worthiness. That is, that customers need to know the details to avoid problems with the law in the future.

Details of ICO
Personal sale begins on April 26, 2018, min 150 ETH investment with an additional bonus of 15%. Then investors can invest during Initial access sales starting on May 20th. Public sale will start from 8 June. To invest during public sale, you need to visit the website and pass the KYC. Unsold tokens will be burned.

Project Traceto
The Ethereum platform
Token Type: ERC20
T2T Heart
Total token 1 000 000 000 T2T
Available for Sales Token 400 000 000 T2T
Hard hat 35,000 ETH
Receive ETH
Price 1 T2T = 0,0000875 ETH
Investment min 1 ETH

Roadmap

TRACETO.IO Team

The Team Token has a key period of more than 2 years.
This procedure is done to exclude incidents, such as money laundering, creditworthiness and more. This is done so that customers requesting this procedure can understand that their clients are not related to the above. A user who wants to take part in ICO receives Traceto a project application, where it provides all the documents and does not need to pass KYC procedures. Then all data that has been provided will remain encrypted to AI that has been in the future will monitor and carry out other tasks. ICO Traceto Project.

ALL INFORMATION ABOUT THE PROJECT

Twitter https://twitter.com/tracetoio
Facebook https://www.facebook.com/traceto.io
Website https://traceto.io/
Whitepaper https://traceto.io/static/wp/traceto_Whitepaper_v1_33_26042018.pdf
telegram https://t.me/tracetoio

Author : doy17
Profile : https://bitcointalk.org/index.php?action=profile;u=1701501
Eth : 0xB17500134c9cECBE14353a5ecb2d860fc840DF24