Trustatom Preps New Blockchain Investment Due Diligence Service
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Trustatom Preps New Blockchain Investment Due Diligence Service

THELOGICALINDIAN - Trustatom a Canadiancompany that providesblockchainpowered acute affairs has aloft aboriginal berry allotment from a accumulation of angel investors The aggregation is advancing to barrage an advance due activity SaaS calledCredyCo powered by its proprietary technology assemblage and the blockchain

The internet has provided a abundant way for parties to transact efficiently, bidding absolutely alluring use cases, but the actual key claiming is the charge for alternate trust. To abode this, Trustatom brings the assurance mechanics that fabricated Bitcoin accessible into the mainstream.

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The aggregation has aloft aboriginal berry allotment from a few angel investors, including Brian Cartmell and Vinny Lingham. The funds will added strengthen the Trustatom aggregation and abutment the barrage of CredyCo, a due activity SaaS.

As Vinny Lingham states,

Trustatom BitcoinistAt the amount of company’s proprietary technology assemblage lies Trustatom ID, a adaptable privacy-respecting character and accreditation application. Seamlessly chip with added APIs Trustatom provides, Trustatom ID helps businesses anxiously analyze and verify their customers, as able-bodied as advance the security of their barter by application cryptographic signatures for authorizations.

As a allotment of their bazaar strategy, the aggregation is ablution its aboriginal end-user product, CredyCo, over the advance of Q1 and Q2 2024. CredyCo is a SaaS for automating document-based advance due activity processes.

Powered by Trustatom’s technology, CredyCo reduces the complication of the chiral due activity action through the use of timestamped and mathematically irrefutable, active statements on KPIs (Key Performance Indicators), reports, milestones, and added information.

A aggregation gluttonous allotment can use CredyCo to certificate its progress. For example, it can deeply almanac its banking and advance metrics, accouterment an able way for investors to barometer company’s credibility. This helps both investors and companies abbreviate the cease time and access the cardinal of acknowledged deals.

What do you anticipate about the abeyant of CredyCo? Let us apperceive your thoughts in the comments.

Images from Trustatom