What is Crypto/Wallet KYC/KYT Solutions?
TheExchain specializes in delivering advanced Fintech solutions and comprehensive IT services, focusing on Crypto Platforms, Wallet development, KYC solutions, and other cutting-edge technologies.
Problem
Crypto businesses rely on time-consuming manual KYC/KYT processes and legacy systems for compliance, leading to inefficiencies, high operational costs, and security risks due to human error and fragmented tools.
Solution
A blockchain-powered KYC/KYT compliance platform that automates identity verification, transaction monitoring, and risk detection using AI and on-chain analytics. Users can streamline audits, detect illicit activities in real-time, and ensure regulatory compliance across crypto wallets and exchanges.
Customers
Crypto exchanges, wallet providers, and financial institutions dealing with blockchain transactions. Demographics: Mid-to-large fintech companies (50-500+ employees) needing scalable compliance; User behaviors: Regular audits, high transaction volumes, multi-jurisdictional operations.
Unique Features
Integrated AI-driven risk scoring, cross-chain transaction tracing, and customizable compliance workflows that adapt to regional regulations (e.g., FATF Travel Rule). Combines KYC/KYT in a single API-first platform.
User Comments
Reduced compliance processing time by 70%
Seamless integration with existing wallets
Critical for handling SEC/FINRA audits
Real-time alerts improved fraud detection
Steep learning curve for non-technical teams
Traction
500+ enterprise clients globally, processes $4B+ monthly transactions. Partners include Binance Smart Chain and Polygon. Raised $8M Series A in 2023 (Crunchbase).
Market Size
The global crypto compliance market is projected to reach $2.3 billion by 2028 (CAGR 21.4%), driven by stricter AML regulations affecting 82M+ crypto wallet users (Statista 2023).
