Traceto can be abusive

Development in the field of knowledge and technology has also encouraged the development of various crimes committed by irresponsible parties. Crimes within a country's territory as well as across national borders are also growing, smuggling of goods, smuggling of labor, terrorism, bribery, corruption and other white-collar crimes. These crimes generally involve and generate large amounts of money.

There are various modes perpetrated by the perpetrators to conceal or disguise the origin of the property, one of which is to incorporate the proceeds of the criminal act into the financial system, especially into the banking system. Thus the origin of such property can not be traced by law enforcement, this mode is called money laundering.

KYC is Customer Introduction, where Insurance Company must know its customers and intermediaries, such as identity, source of income, residential address, place of business or customer office. This is to avoid money laundering.

Traceto is all about simplifying the fundamentals of their operations and why they seem to be an exciting prospect. Traceto has a team and advisors who have compliance experience and RegTech for over 5 decades, with a track record of providing KYC solutions with a group of clients and partners already joining the traceto, combining forces with the machine intelligence community to revolutionize KYC, this is what causes Traceto to differ the other and the ever.

To reach the Traceto goal, there are 4 different DApp and will help realize this project as follows :

With this existing platform you want to contribute in this project please visit the official website and some other explanations are below to help you understand about Traceto.