LBank is the world’s leading digital asset exchange, providing global users digital asset exchange services. On Tuesday(29 August 2019) LBank announced the collaboration with TEEX to improve existing data protection and compliance measures for the exchange’s global operations.
A trustworthy environment is essential for the widespread adoption of cryptocurrencies. TEEX provides cryptocurrency exchanges a secure computing platform to comply with Know-Your-Customer (KYC) and Anti-Money Laundering (AML) regulations worldwide to prevent fraud. The start up aids Lbank through establishing secure KYC management for the benefit of all.
TEEX uses a verifiable computing strategy based on Trusted Execution Environment (TEE) to ensure the privacy of data flow and control flow during run time, while providing performance and compatibility comparable to a central computing platform. TEEX has now engaged in deep collaborations with partners in areas including artificial intelligence, big data computing, bio-medicine and other fields.