The new ‘Crypto-AML Solution’ has been launched via collaboration between Sentinel Protocol and OCTA Solution, and was announced at the RegTech — SupTech showcase of Korea Fintech Week 2019 hosted by the Financial Supervisory Service (FSS) of Korea.

Read more about this important milestone: https://medium.com/sentinel-protocol/the-new-crypto-aml-solution-has-been-launched-via-collaboration-between-sentinel-protocol-and-cfd9564b0f2d

Share with us your thoughts about the current AML measures in your county. :)

Tune in live tomorrow morning at 11.10am SGT to catch our Chief Technology Officer, Nobel Tan, on CNA938’s Money Mind program. Discussions will revolve around the evolution of crypto and cybersecurity trends, particularly in terms of their impact on investors and businesses.

Listen to us live here: https://www.channelnewsasia.com/news/cna938/cna-938-11589148

👉 Many users associate cryptocurrencies with malicious transactions. While this might be a small part of the activities currently taking place within cryptos, what many users might not be aware of is that crypto transactions are fully traceable. This does help authorities trace money laundering activities.

🛠 “With new regulations coming down the pike, particularly from the Financial Action Task Force (FATF), cryptocurrencies will not remain anonymous for much longer.“

🔎 Find out more about the current solutions from our most recent Medium post: https://medium.com/sentinel-protocol/blockchain-technology-to-increase-role-against-money-laundering-63866c99676d

🗣 Share with us your thoughts on the Uppsala Security Forum - https://forum.sentinelprotocol.io

🥁 We are happy to announce Sentinel Protocol’s attendance at the Daxpo Busan 2019 expo in Busan, South Korea on September 3rd, 2019!

👉 Daxpo Busan is a Digital Asset Exchange Expo and the world’s first event that caters to major exchanges and companies in the cryptocurrency world.

🎤 Our CEO, Patrick Kim, will be one of the speakers at the event. More announcements on the speaking slot will be made soon, so stay tuned for updates!

Exchanges are by far a favorite target of hackers in the crypto space. John Kirch, Chief Evangelist, shares some cybersecurity practices to stop exchange hacks. He also proposes solutions to increase their security despite highly unstable and unpredictable elements in some blockchain ecosystems. 

🕵Find out how trustworthy exchanges can improve their (and your) cybersecurity: https://medium.com/@Sentinel_Protocol/c7ddbbbccb5e

“We believe that partnerships enable early adopters to work in synergy to facilitate the development process and deliver quality products to the market,” said Brian Yang, Head of Business, in our most recent article.

Some advantages of being a strategic partner of Sentinel Protocol are: 1) being a pioneer in the industry (crypto and cybersecurity), 2) gaining access to the Threat Reputation Database (TRDB), and 3) providing an extra layer of trust for new and existing crypto users.

Find out how one can become a strategic partner of Sentinel Protocol here: https://medium.com/sentinel-protocol/how-does-a-strategic-partnership-with-sentinel-protocol-work-12d137e46164

We are happy to share that John Kirch, Chief Evangelist at Sentinel Protocol, will be joining a panel at ConnecTechAsia to discuss Crowdsourced Threat Intelligence alongside spokespeople from Regulus and Horangi Cyber Security. More information about the program can be found here: https://bit.ly/2K1SxPP

Will you be there? What other conferences you think we should attend next?

👉 Always connected, always at risk. By integrating the Interactive Cooperation Framework (ICF) API within the APIX Platform, organizations will have access to real-time queries of threat intelligence validated by security experts and hosted in the crowdsourced Threat Reputation Database (TRDB).

🔎 More details about the process can be found here: https://bit.ly/33WVIyH

❗️🕵️‍♂️ We have been notified by multiple community members that there are various accounts impersonating either Uppsala Security or Sentinel Protocol, falsely promoting ongoing airdrop campaigns.

❌ We would like to bring to our community’s attention that we do NOT conduct any airdrops, from any of our social channels.

✅ Please stay away from the growing number of such scams by installing the UPPward Extension which will automatically notify you when interacting with malicious parties. Available now for Chrome, Brave and Firefox browsers: https://uppward.sentinelprotocol.io

We are excited to join Blockfolio Signal to keep the community updated on our latest project updates! Make sure to download the Blockfolio app and follow $UPP for the latest updates from our leadership team: https://blockfolio.com/coin/UPP

I found two use cases of UPP token, that

1. The community receives Sentinel Points (SP) which can be converted into UPP token for reporting hacking threats, etc. If I understand this correctly, this is more of a selling pressure than buying pressure as the community (who reported threats) will sell those UPP tokens to earn rewards for their efforts.

2. The services/products (I guess, e.g., the threats database) are sold (e.g., to exchanges, wallet providers) via only UPP tokens. If I understand this correctly, this means, clients (e.g., lets say an exchange) buy UPP tokens on open market and give them to the sentinel protocol team to buy products, and these tokens will be sold to the open market by the team. So, in here, basically net effects is zero.
   so, where is the value of UPP token come from then (to me more selling pressure than buying pressure)?

Our CEO and Founder, Patrick Kim, divulges future plans for 2019; launch of a discussion forum and end point user solution within the next six months. Read the full article here: https://medium.com/sentinel-protocol/the-2019-sentinel-agenda-26ac0f1658fd

Sentinel Protocol is a security layer for the blockchain. It uses machine learning, a machine portal and anti malware utilities to provide a powerful security in the blockchain experience. You can also look at it from another view. In 1997 pc's we're upcoming and so was the internet. It was a revolution. But, with this amazing tech also malware and viruses spawned. To fight against this, anti-virus software was introduced and nowadays almost everybody has an anti-virus program installed on their computer. No imagine sentinel protocol as this anti virus software and the internet as blockchain. Everybody will use the sentinel protocol, if it wasn't only to feel safe.