Scorechain launches the first Lightning Network analytics and addresses privacy issue

Published on
Monday, March 4, 2019

Scorechain has announced the launch of its new features with the integration of the Lightning Network channels in its Bitcoin solution and becomes the first crypto AML provider which integrates Lightning in its transaction analytics. Scorechain team will showcase this new lightning features for the first time at Token2049 in Hong Kong on 13-14 March.

Created in 2015 and based in Luxembourg, Scorechain provides AML & Compliance solutions for crypto currencies with a very powerful and unique scoring system and advanced analytics. Today, Scorechain serves exchange platforms, brokers, ICOs, private banks, audit firm and asset managers all over the world.

In October 2018, Scorechain launched the first Ethereum analytics platform covering ETH transactions and ERC20 token analytics which is attracting new customers and is getting a lot of positive feedback.

Moreover, following the controversy that happened for some of our competitors, Scorechain stressed that the company highly values the privacy and confidentiality of its customers and ensures a confidential management of customer data with no interaction with any third party. Personal information is managed by Scorechain’s customers themselves and not seen or collected by Scorechain. Besides, the company offers also “no-tracking”, which means that no history of the requests is kept by the system. Furthermore, Scorechain is implementing its first on-prem solution allowing their customers to keep all its requests private as the data are computed on customers’ servers. This is a game changer in KYT (Know Your Transaction) processes.

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