CryptoFlow (CFL) has been busy working on its platform, which is due for Beta release on September 28th! The development team has made several exciting announcements over the last week. Let’s take a look:
In addition to listings on Coinranking.com, worldcoinindex.com, cryptochartindex.com, and a new partnership with a shared Masternode service MNitra, CryptoFlow has also teamed up with IDnow!
IDnow is a reputable verification service that is widely used by Banks and other Financial Institutions around the world! They pride themselves on their efficiency, and the entire verification process for users takes only five minutes. Using a combination of facial recognition, AI, and machine learning, IDnow is able to process identity documents in a near-instant fashion. This partnership is a massive milestone for CFL and the community, as it gives the platform a way to verify the ID of users. Note the "Confirm ID" step on their sneak-peek of the Beta platform:
The verification process is something that is common to platforms that exchange fiat for Crypto. For example, Coinbase requires verification, and has several different levels of verification to unlock higher withdrawal amounts. This is required by many countries for regulatory purposes. The partnership with IDnow indicates that CFL is serious about developing a platform for mainstream use!
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For more information about IDnow:
https://www.idnow.io/
For more information about CFL:
Website: http://cryptoflow.co.uk/
Whitepaper: http://cryptoflow.co.uk/download/cryptoflow-white-paper-24th-aug-18.pdf
Exchange: https://wallet.crypto-bridge.org/market/BRIDGE.CFL_BRIDGE.BTC
Discord: https://discord.gg/wB6q8QZ