Review and analysis of ICO Traceto

The potential market for this type of service is very huge. Every month hundreds of new ICOs, various exchanges, applications and other things are being issued, where the KYC procedure is required. Imagine how much potential demand we have today. Every day dozens of projects face verification problems, which leads to loss of interest in the project, insufficient quality of verification, the use of unreliable sources and the time spent. At this potential market does not end, imagine the implementation of this procedure in the financial sphere, for example, the introduction of this service in various banks around the world. It would be very nice if we had a project that purposely focused exclusively on verification, which also had a lot of experience in this area, and it was also built on Blockchain technology with built-in artificial intelligence. This project will be for us all - Traceto.

The Traceto project is built on blockchain technology, which will deal exclusively with the verification of various users and investors around the world. The project team has a ready product that is used by many interested customers. The introduction of blockchain technology and artificial intelligence into the product is expected. But first, let's look at the term KYC.

KYC stands for Know You Client, which translates as - Know Your Customer. The procedure consists of certain sort of checks that allow you to identify the identity of the user. This is done in order to exclude the possibility of money laundering, financing of non-prospective projects, as well as creditworthiness. That is, the customer who requests the passage of this procedure from their customers, you need to be sure that the user has nothing to do with the above.

At the very beginning of the formation of its services, the project will focus on solving problems related to money laundering and the financing of terrorism, since the absence of these factors is a key direction in the creation of crypto-currency projects. In the future, several more solutions will be introduced into the project, which will solve other problems.

The goal of the project is to develop a virtual platform KYC, which thanks to the decentralized ecosystem will allow to observe and settle all provisions related to verification. The project team will use a vast experience of fifty years to improve technology and comply with all the rules. As the world moves swiftly towards decentralization, it is required to establish full efficiency and confidentiality, as well as to exclude factors of abuse of personal data, which actually will make the decentralized platform of this project. Inside the ecosystem, the ERC20 token will be used on the Ethereum platform. That is, all orders of the company will be directly paid using this token.

Name of the token: T2T
Number of tokens: 1 000 000 000 T2T
Number of tokens for sale: 400 000 000 T2T
Price of the token: 1 T2T = 0.000075 ETH
Public Sale: 8 June 2018
Minimum Contribution: 0.5 ETH
Maximum Contribution: No
Hard cap: 30 000 ETH

The project team consists of professionals in their field who have extensive experience in the field of verification and product development.

Chionn Chye Kit - Founder and CEO of Traceto, a decentralized network of KYC, which will reduce the gap in the correspondence between the real and virtual worlds. Wants to achieve the inclusion of regulators and the empowerment of the community by blockchain against KYC. He is also co-founder and managing director of Cynopsis Solutions and is responsible for its overall operations, strategic direction and product development. Has nearly 20 years of experience in the financial markets of Asia. In addition, he is the Founder and Director of CCK Solutions Private Limited.

Graduated with honors and holds a bachelor's degree in accounting from the Nanyang University of Technology in Singapore. He is a member of the International Compliance Association in the UK and has received the IBF Advanced Certificate from the Institute of Banking and Finance in Singapore. He is also a regular speaker at numerous compliance workshops in the Asian region. He is the co-author of the world's first book on RegTech.

Dias Lonappan - Co-founder and CTO of Traceto. Responsible for the overall strategy of technology and architecture in Traceto. He is a Bitcoin evangelist and advocate for the protection of private life, and spoke about Bitcoin's role in creating an identification system while maintaining confidentiality. He is also firmly convinced that the KYC space and Verification require global changes. He worked as the head of the engineering department at Serv Group Pte. Ltd., where he led a team of 8 developers to create a scalable infrastructure that included the reorganization of the existing JAVA Spring database and analysis of performance problems. Prior to this, he served as Technical Director of Quantified Assets Pte. Ltd., one of the first Bitcoin startups in Singapore, where he led the development of applications with outsourcing teams.

He received a master's degree in computer science from the National University of Singapore. Before that, he developed projects with large-scale databases and complex backend systems. His work during this period was focused on Credit and Risk with one of the leading suppliers of credit resources in India, where he personally could observe the consequences of fraud, identity theft and other forms of fraud.

Ooi Gene Yan - Co-founder, Chief Data Science Officer. He is the chief research officer in the field of research in the field of Traceto and is responsible for all matters related to data. He works closely with Dias Lonappan, who is responsible for the technological architecture and design of the system, to provide face recognition, transaction monitoring and the ability to detect anomalies in the Traceto network. He is also a co-founder of artificial intelligence and in-depth training of Shentilium Technologies. He is responsible for the overall technology and direction of Shentilium products. Some of the problems that Shentilium has been working with are related to the detection of the toxicity of the flow between participants in the foreign exchange market and the behavior of buyers on the Internet market. Shentilium's customers include large corporations, such as Razer and NetEase.

Dan Poh - Co-founder, Chief Marking Officer. Has more than 6 years of experience in the financial and capital markets, as well as capital management in investment banks of the 1st level, including JP Morgan Chase, Deutsche Bank and Bank of America Merrill Lynch. His main occupation in banking is regulation, risk, compliance and FICC. Prior to joining Cynopsis, he led the regulatory reporting group at Deutsche Bank. He was responsible for over-the-counter reports and approval of new products. He is also an adviser to Fintrux and FidentiaX on compliance and regulation issues.

Robin Lee - Co-founder. He is the department head and co-founder of Inzsure and is responsible for managing the overall work experience. The beginning of his career was laid in Silicon Valley, in various start-ups in the sphere of Compliance. Six years later, Robin moved to Wall St., where he worked in hedge funds for 4 years, covering technology companies as a trader, analyst and portfolio manager. After 3 years of education in the field of Education Compliance, he took part in joint experience and founded the Foundation for the Ethics of Compliance with Anti-Money Laundering Standards (G.R.A.C.E.) and EdTech / RegTech. Then he joined Datarama, the company RegTech, while analyzing the concept and formation of Inzsure, where he now fully works. He holds an MBA from the University of Santa Clara and a bachelor's degree in mathematics, computer science and management from King's College London. He also received a Diploma of Compliance, a Diploma in Anti-Money Laundering and a Certificate of Prevention of Financial Crime from the International Compliance Association.

The project is very interesting, it is interested in large investors. The project has a ready-made product, in which blockchain technology and artificial intelligence will be introduced. To date, a lot of very strong projects have turned to the service of this company, you can find it on the official website. The verification service itself carries a very responsible activity, which the team of the project was able to achieve and proved itself as the best company. Even if we look only at the crypto-currency industry, we already see a great demand for their services, which will consequently lead to the growth of their tokens and investments in this project will be a good potential investment. I recommend participation in this project.