On 20th September 2018, DeStream establishes a partnership with KYCBench in order to stay compliant with GDPR and ISO27001. This is a very important step in project’s security and willingness to combat any potential threats associated with criminal activities described in the 5th Anti-Money Laundering Directive. Moreover, due to the fact that DeStream is working with sensitive data, it needs to be protected, stored and processed securely, so any potential leaks can be eliminated preventively.
Cryptocurrency space is the most unregulated and needs to comply with the law to prevent any financial damage to investors. That’s why the project is going to work closely with KYCBench which provides a KYC platform that works through a proprietary developed Vguard Protocol, ensuring a high level of sensitive information security. In addition to that, KYCBench will help DeStream to develop a KYC Manual, which creates a solid verification process and makes the project truly reliable in terms of law and security.