What is the values of the Cryptocean project?
The CRYPTOCEAN concept implies legal compliance and abidance of the law, partnerships
with clients and financial service companies. Any fintech start up or an established company
may use CRYPTOCEAN's ecosystem for increasing their profits.
-
Legality - compliance with laws and regulations in the field of KYC & AML;
Beneficial conditions of use;
Transparency and convenience for the client;
Safety and security;
Openness to partnership and new development ideas.
Escrow accounts, what u can tell me about it?
Escrow accounts allow to make protected transactions between two or more parties with the
independent confirmation from the agent ensuring compliance with the terms of the
transaction.
CRYPTOCEAN acts simultaneously as an intermediary agent that guarantees the
fulfillment of the terms of the transaction, and as a payment system that provides funds
transfers. The service is provided together with partners - banks and payment systems.
Within the framework of the service, it is envisaged to carry out traditional bilateral transactions
on the exchange of the cryptocurrency or the exchange of the cryptocurrency for the non-cashfiat money.
The service guarantees that upon completion of the transaction, both parties will
exchange funds, or receive their funds back, if one of the parties fails to comply with the terms
of the transaction.
The presence of partner banks in the chain makes it possible to conduct more complex
transactions in which cash in the fiat, bank cells, shares, precious metal bars and any other types
of assets with which partner banks operate can be involved.
