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Florence Finance Partners With LTONetwork

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Florence Finance partners with LTONetwork as the first user of Proofi

Florence Finance Partners With LTONetwork. Innovative DeFi protocol, Florence Finance taps award winning Dutch blockchain, LTO Network to use their Proofi software and Decentralized Identities tech to usher in a second coming of the decentralized financial revolution.

Florence Finance’s protocol acts as a bridge between cryptocurrency lenders and real-world borrowers. This helps solve the SME credit funding shortage whilst tackling the lack of real-world lending opportunities within the crypto market.

In order to erode privacy concerns and preempt regulatory requirements for their cutting edge approach, Florence Finance will implement LTO Network’s Proofi software to allow KYC and AML operations on DeFi wallets whilst maintaining the privacy of the wallet holder.

Florence Finance founders have decades worth of experience in investment banking. Chiel Ruiter, the Duke of Florence himself was a Financial Institutions banker in The Netherlands for a large part of his investment banking career and Leo Greve (senior advisor & growth coach) has also spent most of his career advising and financing financial institutions with more of a capital markets focus.

Along with LTO Network’s institutional and enterprise friendly history through their work with leading institutions such as the United Nations, Dutch Government, Dutch Chamber of Commerce and IBM, the two organizations are uniquely positioned to understand regulatory frameworks and aim to be ahead of any upcoming requirements which both agree is around the corner.

About LTO Network

LTO Network is Europe’s most advanced blockchain project. It is fully decentralize and highly efficient. Currently use worldwide by businesses, governments and institutions like the UN, Dutch government and more.

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