Travel Rule compliance regulations from FATF and global jurisdictions are creating new challenges for businesses that exchange digital currency. TransactID was created specifically to address the needs of VASPs, providing a powerful, flexible, easy-to-implement solution.
Works with custodial and non-custodial wallets
Enable the exchange of digital currency between any wallet type
Peer to peer
No central resource to censor or slow the network
Privacy
Ensure that personally identifying information is shared only as required between transacting parties.
Public and private blockchains
Universal solutions for all blockchains and distributed ledgers regardless of type
Works with privacy coins
Transmits all metadata required by travel rule, no matter how confidential the transaction is.
Open source/open standards
verisign model, transmit protocol is free to use, certificates are fee-based.