Zilliqa boosts AML compliance by partnering with Elliptic

The high-flowrate public blockchain platform Zilliqa has joined forces with the blockchain analysis firm Elliptic, that assists digital currency exchanges and other financial entities with AML compliance, to enhance the security of its blockchain ecosystem. Following the collaboration, Zilliqa will get choose from a wide range of anti-money laundering (AML) and risk control tools and alleviate the risks associated with unwarranted financial activities conducted across its platform. It will assist Zilliqa is assuming a proactive approach and detect any possible unauthorized activities well in advance to prevent further damage. In case a suspicious transaction is red-flagged, it will immediately proceed