CycurID Partnership with Unstoppable Domains
CycurID, an innovative cybersecurity identification platform, released the first fully compliant, transaction-monitored and privacy-based, non-custodial cryptocurrency wallet, and announced its partnership with Unstoppable Domains.
CycurID proudly announced a partnership with Unstoppable Domains and released the imme™ Wallet, the ability to use Web3 domains.
Introduction
The immeTM Wallet was designed to enable ordinary people to join in the expanding digital economy. Without having to be concerned about dealing with bitcoin gained illegally. Participating in activities such as authorized wallets and the underground web.
Users of the immeTM Wallet, authorize through an automated onboarding process that includes ID and background verification. Similar to how you would create a bank account. They may set up their wallet after the onboarding process is complete. Other features of the immeTM Wallet include wallet reputation, transaction scoring, and biometric transaction authorization. Support for ETH and all ECR20 tokens, cloud-based wallet backup, and the option to utilize Unstoppable Domains Web3 domains.
Management Quote
Mehdi Mehrtash, CycurID CTO and Co-founder said, “Some of the biggest hurdles preventing the mass adoption of cryptocurrency are: the lack of understanding arising from the use of technical jargon and misleading information regarding the true risks involved in dealing with cryptocurrencies. The imme™ app and wallet, were developed to provide an easy-to-use consumer-focused, and transparent experience that maintains user anonymity while providing feedback on the quality of their transactions
“We’re working to bring Web3 to the world, and integrating with CycurID’s crypto wallet will help us do that,” said Sandy Carter, SVP and Channel Chief at Unstoppable Domains. “In order to become part of Web3, people need to feel secure, which is why they are align with CycurID’s vision for a safe and compliant Web3 experience.”
All transactions from the imme™ Wallet, checks to determine if any of their funds have been commingle with funds from illicit activities or sources such as the dark web, sanctioned wallets and/or proceeds of crime. There is a 0.25% fee on every outgoing transaction that covers the continuous monitoring, and sanctioned address screening. This fee is in addition to the normal gas fee.
Mehrtash further added, “Our Company’s main goal is to ensure that consumer and business protections are central in all online transactions, while meeting regulatory and reporting requirements.”
About CycurID
CycurID is a privately held personal identity management and security software developer based in Vancouver, British Columbia. CycurID, developed proprietary patent pending identity management and privacy software which is available via its consumer app imme™ (I’m me).
About Unstoppable Domains
Unstoppable Domains is a platform that allows users to buy and store domain names in the form of an NFT. Domains can be purchase once and use as a universal username across apps and websites, a website URL, a wallet address, and much more. No need to rent a domain or copy and paste information all the time.
SOURCE
https://www.prnewswire.com/news-releases/cycurid-releases-the-imme-wallet–announces-partnership-with-unstoppable-domains-301734821.html
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