• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Bitcoin ETF Inflows Surge to Record $40.62 Billion

    Bitcoin ETFs Achieve Record $40.62 Billion Inflows

    Metaplanet Issues $21.25M Bonds to Acquire Bitcoin

    Metaplanet Issues $25M Bonds for Bitcoin Acquisition

    Bitcoin Surges Past $100K Amid Market Instability

    Bitcoin Surpasses $100K Amid U.S. State Crypto Laws

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Ripple Settles with SEC for $50 Million

    XRP Price Stalls Following SEC Settlement

    Fartcoin Team Reveals Leadership and Achieves Billion-Dollar Valuation

    Fartcoin Reaches $1 Billion Market Cap in Rapid Rise

    Fartcoin’s Market Surge and Developments

    Fartcoin Team Prepares for Potential Solana Price Surge

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Meet GetBlock.net: The First Multichain Explorer with Functionality for AML Checks

Hellen by Hellen
July 26, 2022
in Press Releases
Getblock.net

Explorer is one of the most important tools for crypto enthusiasts. It can be used to check the status of transactions and obtain data about crypto wallets. Previously, the crypto community members had to use several sites at once to access all the necessary tools to control transactions and verify cryptocurrencies. This approach is time-consuming. To work efficiently, you have to keep many tabs open in your browser and constantly switch between different platforms. 

The team of the Getblock.net project has offered a solution to the problem. The developers have combined a full-featured multichain explorer with anti-money laundering (AML) tools in a single platform. Below you can find out how Getblock works. We also recommend bookmarking the platform for all crypto enthusiasts who value security.

What is GetBlock?

Getblock.net is the first multichain explorer on the market with functionality for AML checks. Here’s what the platform can do:

  • Track blockchain transactions of six cryptocurrencies: BTC, ETH, BCH, LTC, ZEC, and DASH. You no longer need to switch between multiple explorers to check transactions in different networks. The developers promise to expand the list of blockchains that the platform supports in the future.
  • Check blockchain addresses and coins themselves for compliance with AML rules. Each check is accompanied by a detailed report.

How GetBlock works

To check the purity of addresses and coins, Explorer sends a request for analysis to Bitfury Crystal, a major AML data operator. The service helps determine if crypto addresses or digital assets are associated with any illegal transactions. 

Bitfury Crystal’s working scheme is based on the clustering of data sets. The platform categorizes addresses and transactions. For example, Bitfury Crystal clusters the addresses that belong to the same organization. The scheme speeds up transaction analysis and allows visualizing the crypto’s connection to illegal transactions, if necessary. 

Here’s what information you can get at Getblock.net:

TransactionBlockchain address
Assessing the level of risk of the operationAssessing the risk of interaction with an address
Data on the sources of coinsData on the sources of coins in the cryptocurrency wallet
Technical information about the transactionInformation about the address operations
Information about previous senders and recipients of coins from a transaction

The explorer also determines the share of “clean” and “dirty” coins in transactions and crypto-wallets. Detailed analysis helps to filter out safe options.

Getblock.net gives the risk level of a transaction or cryptocurrency address as a percentage. An estimate of up to 60% is considered safe. From 60% to 90% is already a suspicious address/transaction. Above 90% are dangerous sources, it is highly recommended not to accept transactions from them into your address. The general assessment is supplemented by a detailed report indicating the sources of funds. 

Why every member of the cryptocurrency community needs an AML explorer

Market participants who neglect digital hygiene are at risk of being caught by law enforcement and even losing cryptocurrency. Let’s look at an example:

2 bitcoins were transferred to Bob. With an explorer, he verified that the transaction was completed and sent the coins to a cold cryptocurrency wallet. The user had not checked the purity of the coins beforehand. Four years later, bitcoin went up. Bob decided to sell his coins. To do so, he transferred the bitcoin to a cryptocurrency exchange. 

The next day, Bob received a message from the security service of the trading platform asking him to confirm the origin of the funds. During an AML analysis, the crypto exchange found out that the user’s coins were associated with a fraudulent project. To avoid breaking the law, representatives of the trading platform froze the suspicious assets. As a result, Bob lost his bitcoins.

The user will be able to get access to the cryptocurrency only if he proves his innocence. Problems could have been avoided if Bob had previously checked the purity of the cryptocurrency through a service such as Getblock.net.

AML checks for cryptocurrencies today are a necessary measure to help preserve assets.

Why GetBlock

Getblock.net has a user-friendly interface that even a beginner can handle. Also, unlike most competitors, the platform offers additional functionality:

  • Getblock.net provides verified check results that you can share. For this, all you have to do is send a static link to the check to another user. In the near future, the developers plan to add functionality that will allow you to download the results in pdf format.
  • In Explorer, you can add addresses to favorites to receive prompt data on new operations on them.
  • On Getblock.net, you can perform a check in two clicks. 
  • The platform saves the history of checks in the personal account. You can quickly access the results, even from your smartphone.
  • Explorer users can perform AML checks in one of three ways: in the Explorer itself, in the personal account, or via a Telegram bot.

In addition, Getblock.net is the only explorer that produces a detailed report on AML checks with full data visualization. 

Offer for Crypto Projects

Getblock.net has an API for program integration with other services such as exchange offices and exchanges. The API is implemented according to the JSON-RPC standard and can be easily integrated into any project. Thereby the project will get quick access to AML analytics. 

For corporate customers, getblock.net offers favorable terms of cooperation: 

  • a free package for 100 checks to test the service and set up API integration.
  • referral program – 20% of referrals’ payments attracted via affiliate links
  • promo codes for free checks to increase the loyalty of your customers
  • free checks in exchange for traffic to the blockchain explorer, one check for 5 targeted clicks. 

The Price of Security

You can test Getblock.net for free. The platform gives one test for both registering on the site and subscribing to the newsletter. Also, the developers of the project have shared the PROMO22 promo code. With it, you can get 3 free checks. To search for other promo codes, you should go to the sites of the project partners.

The bonus program is constantly expanding. You can get free checks for subscribing to the Telegram channel of the project and other activities on social media. Follow Getblock.net news and promotions via social networks, such as Twitter.

Also, Getblock.net. has a referral program. Its members can earn 20% of the payments made by the users they attract. 

The Getblock.net team offers three tariff plans. With the flex plan, the price per check is $1. The tariff allows the user to choose the desired number of checks (from 5 to 100). Competitors charge $50 for a minimum package of checks. 

It’s most advantageous to buy large check packages. For example, with the “Maximum” package you will save 70% because the price for one check is reduced to $0,3.

Important! There are no hidden fees at Getblock.net.

The validity period of paid packages is not limited. The free check, which is given when you register, is valid for one month. The validity period of checks with promo codes is up to 3 months.

Important! Getblock.net has also launched GetBlock Magazine. The editorial team publishes the latest news from the world of digital assets, as well as various exclusive materials on a daily basis. With GetBlock Magazine, it’s easy to keep your finger on the pulse of events.

Get your free checks at Getblock.net and start following a digital hygiene routine to help keep your cryptocurrency safe by following this link>>>

Previous Post

Decentralized versus Centralized – a Mystery or the Exchange of Tomorrow?

Next Post

How to Pick a Cryptocurrency Wallet: The Best Types to Choose From

Hellen

Hellen

Related Posts

BC.GAME Announces the Partnership with Leicester City and New $BC Token!

BC.GAME Announces the Partnership with Leicester City and New $BC Token!

by Hellen
July 8, 2024

The leading iGaming platform BC.GAME has secured a significant partnership with English Premier League Club Leicester City Football Club, becoming...

crypto casino games

Cryptocurrencies Payments Have Arrived to ReSpin Casino Worldwide

by Hellen
June 12, 2024

Respin is an online casino designed to make your online betting experience a new and attractive experience.You can be an...

BC.GAME Honored with the “Best Casino Operator 2023” Award from SiGMA

BC.GAME Honored with the “Best Casino Operator 2023” Award from SiGMA

by Hellen
December 4, 2023

Malta, November 15, 2023 - BC.GAME, a leading innovator in online gambling, proudly announces its recognition with the prestigious Best...

caiz

CAIZ Is Leading the Way in Sustainable Finance and Empowering Climate Action

by Hellen
October 4, 2023

The global financial sector is facing an important moment as the climate change crisis reaches an acute stage. In this...

David Luiz

​​Brazilian Footballer David Luiz is Now the Brand Ambassador for BC.GAME

by Hellen
December 22, 2022

BC.GAME has announced that David Luiz, a Brazilian professional football player of the Flamengo team, has become its official brand...

BC.GAME Lottery Event

BC.GAME is Hosting A Huge Lottery Event to Celebrate Argentina’s Historic Win

by Nicoleta Balan
December 20, 2022

Buenos Aires, Argentina, December 20, 2022 – BC.GAME, AFA’s official crypto casino sponsor, is celebrating Messi and Argentina’s legendary win...

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.