What is the Harmony (ONE)?
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What is Harmony (One)?
Sekuritance: Building a secure future in the crypto world | Human & Machine

What is Harmony (ONE)?

October 21, 2021

Sekuritance is a big platform that provides competent services in the DeFi world. Founder, Jonathan Bowman, saw a need to find a solution to the problems existing in the crypto space. One of these problems is regulatory issues. He also explored solutions for banking and financial technology. Currently, Sekuritance has 16 people in the team and will continue to expand in the future.

Ensuring the security of cryptocurrency

Jonathan saw the issues that needed to be met in the industry. He thought of a way together with a team of experts on ways to protect their business because even with the advancement of technology, security is still essential in the platform.

Sekuritance works by using technology that helps open up the market for more people to use. One of its significant features is securing the cryptocurrency environment for users in a much accessible and easier way.

Sekuritance also offers support to different cryptocurrency protocols. Capital is continuously flowing in the cryptocurrency space, and it is now under any supervision. Sekuritance aims to establish a regulated and safe environment so that users can confidently trade in the market without worrying about the security of their assets.

Sekuritance implements rules between cryptocurrency transactions and legal currency to build trust in the whole industry and ensure each transaction’s security.

Regulatory Technology Advocate

Sekuritance is both beneficial to companies and individual users. Sekueitance uses a risk scoring mechanism called Sekur.Transact, this feature helps reduce financial crimes among customers.

It can prevent users from joining in illegal activities by considering their risk score. The lowest risk score is 0.01, and the highest is 99. These scores affect the probability of fraud. For instance, if the transaction score is 20.00, there is a 20% probability of fraud. If it is 0.1, there is only a 0.1% probability of fraud.

User friendly

If a user acquires income from the cryptocurrency and uses it to invest in real estate, an organization wouldn’t be questioning the source of funding since Sekuritance is already a reliable platform that shows that the income was generated legally and fairly.

"For example, if I am a landlord, I want to know immediately whether the new tenant has a good reputation, then I can use Sekur.Certify." In addition, Sekuritance can also provide multi-factor authentication for online shopping.

Any dark web activity will be detected and reported. As Jonathan Bowman said, "We cannot overthrow the entire system and start over, but we can filter out funds from normal sources, improve the financial environment, and provide services to businesses and individuals."

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