Partners
ThetaRay are a world-leading US-Israeli AML/DD provider, using AI.
KYC, KYB and AML are crucial parts of trade finance transactions. Having a strong, robust system and process in place is vital to ensure compliance and a smooth customer experience.
KYC and AML standards will be in line with regulatory requirements. ThetaRay have built a solution specifically for on-chain international trade, which goes far beyond the rigour used by banks today through continual monitoring all parts of a trade, not just initial KYC of parties involved. Ian has a pre-existing relationship with ThetaRay.
Public open blockchain protocol
Ethereum to be used in Alpha product; logic outlined here.
Off-chain international payments providers
eg. Thunes, WorldRemit. To provide off-chain international payments.
BaaS providers
eg. Statrys / Rapyd / Air Wallex. These BaaS suppliers provide virtual banking accounts and local bank account payouts in a number of countries relevant to Sumara.
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