Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Sekuritance and our guest was @DGCTO. The AMA took place on 4 May.
The AMA session was divided into 3 parts with a total crypto reward pool of 500$
In this AMA Recap we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram community
Gold Rocket | Satoshi Club: Dear Satoshi Club community!
We are pleased to announce our AMA with Sekuritance!
Andrés M. | Satoshi Club: Hello Community
Gold Rocket | Satoshi Club: Today our guest is @DGCTO!
DCTO: Good afternoon everybody
Gold Rocket | Satoshi Club: Hello and welcome to Satoshi Club, @DGCTO!!
DCTO: thank you
Andrés M. | Satoshi Club: @DGCTO, welcome to Satoshi Club
How are you today?
DCTO: very well thank you – excited for this AMA – it has been a crazy two weeks and several more on the way 🙂
Gold Rocket | Satoshi Club: We are also very excited about the upcoming AMA😊
Andrés M. | Satoshi Club: Great, that’s why we are here, to know all about those coming events
Gold Rocket | Satoshi Club: Please share with us. But start with a little intro
How did you get to be involved in crypto & Sekuritance?
Andrés M. | Satoshi Club: Sure, we want to know more about you @DGCTO
DCTO: First of all thank you for having me. I am a software engineer by profession but ran a number of software as a service companies and related consultancy firms in the past starting in oil&gas, then public sector and eventually in the gaming industries
Gold Rocket | Satoshi Club: Wow! Excellent background👍
DCTO: due to the nature of those industries we had to implement very strick AML and transaction monitoring rules and i got excited about the fintech industry so i went into Fintech in 2011
spent the last 9 years building and selling all fintech related solutions from card issuing, acquiring, banking solutions, ewallets, foreign exchange, etc
and realised that we were using soo many different regtech and risktech providers it was crazy – even for us – and we thought we are the experts 🙂
so we said “imagine what it is for those out there that are not as experienced as us in this field”
Gold Rocket | Satoshi Club: You know this industry firsthand👍
DCTO: so we decided to start Sekuritance and bring all our providers under one roof and offer it out to the world as an easy solution to find all related solutions under one suite
Gold Rocket | Satoshi Club: What is the essence of Sekuritance?
DCTO: We bring together all the regtech solutions you can think of under one umbrella to make it easier for our merchants to consume – such as – due diligence solutions (kyc), know your business solutions, GEOIp checks, device id checks, transaction monitoring, rule engine based transaction handling, 3D Secure checks on credit cards, data tokenisation vault offering and crypto wallet control certificates
but most importantly we do not only offer OUR solutions but we have a large business partnership program which invites ANY software as a service provider (or sole developers) who have solutions in these areas internationally and we invite them to join our network to offer their services to all our network merchants
our partners retain their branding, their functionality, even their UI and pricing – but when they participate in the upcoming Sekuritance Network, they will be paid in SKRT tokens and maintain a certain level of holding to keep their solutions alive on the network –
and there are loads of incentives to both our merchants and partners to transact on the network
Gold Rocket | Satoshi Club: How long does it take to develop a project? What plans do you have for the future? And what can we expect from Sekuritance?
Andrés M. | Satoshi Club: Thank you for the intro. Now, we have collected some community questions for your, our community members are so interested in the project
DCTO: actually the beauty is that unlike MANY other new token projects out there – we come to the market with existing products and ones which are consumable today already – LIVE and functional – so much so that even our launchpad is our client for example and we have had massive interest in the last 2 weeks alone –
we of course have a long 18 month roadmap to continue developing these offerings as well as the network itself but we are revenue generating already and our solutions can give value to companies and individuals right now
sure
Q1 from Telegram User @yellowchamp
Sekuritance aims to help governments, banks and businesses understand how customers make use of cryptocurrency through a shared knowledge of blockchain-powered economy. So,how does your platform possibly provide some knowledge and information to government,banks and business in giving awareness to their customer about cryptocurrency? How will you have a communication and contact with them? Thank you
Gold Rocket | Satoshi Club: @DGCTO Thank you so much! It was a great intro. And we can see how you are passionate about the project! ❤️
DCTO: yes and no – our solutions are industry and vertical niche agnostic actually
you might be a normal person with a day job and have a few apartments that you are renting somewhere and simply want to do due diligence on your new tenant for example to ensure it is a good person –
or you might have a small online shop and you want to protect your side business against scams, fraud and chargebacks by using some of our solutions
or also potentially you are storing secure data on one of your company’s servers and your compliance costs are high – so you want to offload that data to a secure data vault so that if you get hacked no essential data is stolen – just a bunch of long GUIDs which mean nothing to noone
Andrés M. | Satoshi Club: So, which are the main products that you offer to the public?
Gold Rocket | Satoshi Club: This applies to our lives. And this is really very important!
DCTO: Data Tokenisation Vault
3D Secure Solution for card transaction 2FA
Know Your Client
Know Your Business
Crypto Wallet Trace Functionality
Scam/Fraud/Hack Reporting
Crypto Wallet Control Certification
one very important aspect of our network is we have a FREE functionality which we invite ALL the commiunity to use to REPORT on any scams they would have suffered in the past – for example if you got your funds stolen or wallets hacked or seed phrases stolen or taken part in rug pulls, etc – we want you to tell us as much as you can about these scam artists and anything you can remember so we can analyse them and report onto them so if these scammers ever used your funds on an exchange of left the network to go to FIAT, etc – they will hopefully be stopped and apprehended
there is not guarantee you will get your funds back but at least you will have the satisfaction that someone somewhere won’t be able to enjoy the funds he stole from you
Gold Rocket | Satoshi Club: It definitely needs to be tried. 👍
Thanks a lot for the great answers. Ready for the next question?
DCTO: sure
Q2 from Telegram User @victorogb
One of Sekuritance niche product is the SekurCertify where analysts, developers, regulators and cryptocurrency experts obtain certification through a specialist programme. Even as these above mentioned professionals seeks to acquire certifications directly related to their professional and technological backgrounds, why would these professionals and crypto enthusiasts choose SekurCertify as against others available, what level of recognition would the SekurCertify have and what are the crypto security niches covered under this programme?
DCTO: very good question. There are experts out there focussing on certification for sure and I have a lot of respect for them myself however what many certifications fail to provide is a set of tools to do the job – however the theory is simply not enough. We believe that having the knowledge and then putting that knowledge to practice by utilising the various products we have, one can easily start his own consultancy business in the field – moreover – for any of these professionals who refer business to us or use our products on behalf of a new customers, etc – they also participate in our traditional ISO/Affiliate program whereby they will earn in the sekuritance token ($SKRT) for each transaction or check that new merchant does
and also interesting – the plan is not to have these referrals or loyalty skrt rewards sent out as individual transactions each time as the transaction fees might not always make sense, so the plan is that they will drip feed into the affiliate’s account and he can decide whever he wants to claim them out
over to you @GoldRocket27
Andrés M. | Satoshi Club: Amazing info, so, could you tell us the main use cases of $SKRT? What will be the benefits for long term holders?
Gold Rocket | Satoshi Club: 😊 thanks
DCTO: we have no doubt in our head that the use of the network will only grow with time – soo many countries are imposing more and more due diligence programs all throughout the various industries – we believe sekuritance is in a very strong situation as it is industry agnostic and does not only cater for crypto projects but all industries – so the demand we believe will grow month on month and year on year – and the more partners we bring on board to the network the greater the attraction to the solution – SKRT is purely a utility token and gives access not only to the modules but also the affiliate and API provision rewards for merchants an providers alike – the business team is currently drafting out more of these programs as we speak and they will be rolled out in due course
Andrés M. | Satoshi Club: So the token provides governance to the users?
DCTO: governance, utility, access to services and incentive schemes for business development
Andrés M. | Satoshi Club: It sounds amazing😁, how to buy it? What about the coming public sale?
DCTO: it has taken a long time designing and creating and we have a long way to go but we are excited and love what we do
the official launch is on the 8th May via our amazing launchpad partners: TrustSwap
they have been instrumental in assisting our project in preparing for this event – we have total respect for what they bring to the table
Andrés M. | Satoshi Club: [ 🤗 Sticker ]
Is there a whitelist to join?
DCTO: 😉
Gold Rocket | Satoshi Club: It’s very soon! 🚀
DCTO: the public launch is being handled by TrustSwap so one must be a SWAP token holder to be able to participate – we also have a joint promotion event with the Axion Project and another one in discussion with the guys at PayAccept
last but not least there are 2 other exchanges which are being negotiated as we speak as there will be a seperate launch on their platform too
Gold Rocket | Satoshi Club: You will tell us more😉
Andrés M. | Satoshi Club: Amazing, congratulations for such big event
Gold Rocket | Satoshi Club: If it is possible of course🙏
Andrés M. | Satoshi Club: Time to proceed with our next question, ready to go or there is more info you want to share about it?
Q3 from Telegram User @Highpee
Sekuritance is described as the world’s First RegTech & RiskTech ecosystem that will offer a regulatory, transaction monitoring and identity management to merchants and users. Why do you think the solution you are promoting will be appreciated or accepted when it is clear that the initial proponents of blockchain saw transaction monitoring, regulation and other solutions you are advancing as a centralised limitations on the path to financial freedom? What place will privacy have within your protocol and how will you carry out monitoring of users without unnecessary stalking?
DCTO: That is also true in some cases but as we all know – cryptocurrency is not as anonymous as one thinks right?
Gold Rocket | Satoshi Club: Absolutely true😉
DCTO: the reality is that the world we live in nowadays has both financial systems working in parallel and both need to be respected and when funds cross from one financial system to another – checks and questions will be raised – so we strongly believe that utilising our solutions and implementing good governance and best practice when dealing with any transaction will help that transition be smoother –
so when funds hit an exchange or get withdrawn to a bank account or a debit/credit card, etc – traditional institutions will have authority to ask questions, etc and might stop you from buying that car you wanted or house you wanted, etc unless you can prove that your gains are not illicit or a result of scamming others –
so these solutions should be welcomed with open arms and should only concern fraudsters and scammers and not the honest investor or crypto evangelist, etc – that is honestly our view
Andrés M. | Satoshi Club: Great concepts to increase the safety of the market👏
Btw, I have read about these products: SekurVault, SekurKye, SekurTrace, SekurCertify, SekurMFA, and SekurAlert.
DCTO: the safety and respect it deserves 🙂 as we are living in a beautiful technical era and we totally respect it – but putting in safeguarding measures to ensure it is traded securely and above board is also paramount to its success in going mainstream
correct
Andrés M. | Satoshi Club: Could you tell us more about they? what do they consist on?
Completely agree😁
DCTO: the Vault is a software storage facility governed by what we call HSM Software (hardware securtity module provided by software) to encrypto to very high standards the data received and drop compliance costs and give piece of mind of not storing sensitive data on one’s servers
KYE – stands for Know Your Everything
so KYC being know your client – kyb – know your business – kyt – know your transaction – kya – know your crypto address – etc – all means enhanced analyses on all of the above to know what you are dealing with
Trace takes the wallet and transaction and traces back and forth the movement of those funds to underdstand where they might have interacted with fraudulent or darknet businesses or practices
Gold Rocket | Satoshi Club: this is a very comprehensive approach👍
DCTO: Certify performs a number of checks and asks the users to perform a number of activities to confirm that the user has control over the wallet he is asking to confirm – maybe he made money from crypto – wants to buy a house – the bank will ask to prove the source of funds and that the wallet is his – and this will help one step closer in providing that reassurance that possible the authorities will need to recognise those links
and people will be able to use their crypto funds freely
Andrés M. | Satoshi Club: An incredible ecosystem, congratulations for your effort 👏
DCTO: we are doing our best – and we have a long way to go 🙂
Andrés M. | Satoshi Club: It seems that you have a great workteam 😁
Thank you so much for the info, are you ready to proceed with the next question?
Gold Rocket | Satoshi Club: In many countries, crypto legislation is imperfect. How do you plan to solve this?
DCTO: super good question!
DCTO: and that is exactly where our partner network comes in strong
we recognise that we are not and we WILL NOT be the experts of regtech and risktech in every single jurisdiction out there as there are soo many conflicting bits and pieces to consider and we have partners who are absolutely specialises in their own niche and us in ours – so by inviting them to also offer their integration via the sekuritance network – we are bringing in global expertise where everyone benefits
much like a payment gateway – so imagine you have a website selling items – and you click on checkout and you see 4,5,6,20 different payment options to choose from – this works in a similar way but for checks – so in the background – our merchant integrates onces but has access to 1,4,6,7,50 different solutions he can decide to implement and consume to protect his business, reputation, risk, etc
Gold Rocket | Satoshi Club: Will this be a win win position for everyone involved?
DCTO: that is our vision for sure
Gold Rocket | Satoshi Club: Then your platform is a must-have tool for every crypto hobbyist. 😁
DCTO: Sekuritance = providing the ecosystem + some of the modules and growing
The Partners = more customers for their solutions and getting paid their fees
Merchants = have more solutions to choose from under one roof and less integrations
The Introducer = earning royalty and referral fees on their introductions
Authorities and Regulators getting more peace of mind that proejcts are transacting in a safe manner
Q4 from Telegram User @nadee5
There are opportunities that cryptocurrencies create for illegal activities, such as money laundering and terrorism.Various types of merchants ,institutions ,projects can interact with Sekuritance platform..
So.how does sekuritance ensure that there won’t be any rug pull or scams within the platform ?
How can you increase your customers trust about the sekuritance ?
Is sekuritance technically powerful enough ?
Andrés M. | Satoshi Club: I would like to add, is Sekuritance audited?
DCTO: Actually thank you for asking – we actually had two independant audits performed and both passed successfully!
i do not believe there is a silver bullet yet – but with the added controls and measures we bring to the table and also partnering up with launchpads like TrustSwao who offer liquidity and token locking mechanisms – these fraud environments can easily be controlled and measured
Andrés M. | Satoshi Club: Great, that’s something that our market needs ASAP
Thanks for the clarification, ready to proceed with the next question?
DCTO: sure
Q5 from Telegram User @Jonahapagu
Sekuritance made a call for users who have either had their wallets stolen, hacked, funds lost, or been part of a rug pull to tell your project about it, so they will be rewarded with SKRT tokens for each entry they provide.. did you receive a lot of response to this call, what did you do with this responses and why were this responses important to you that made you reward users to get them
DCTO: this is actually an ongoing exercise and will not stop – so it is not a promotion for launch but an open invitiation –
the data we get we will analyse and if found to be accurate and confirmed – and the individual submitting it not anonymous, we will sell it to our merchants – present and future (exchanges, authorities, etc) so that they can put blocks on their system such that whenever links to these wallets hits their systems they can flag them for questioning and where necessary take action
Andrés M. | Satoshi Club: Btw, we would like to know about your tokenomics, how is the token distribution of SKRT?
DCTO: sure
max supply is fixed and non mintable @ 818,202,997
9.50% Strategic Partners
13.00% Private Round
13.91% IEO
1.09% Exchange Partner
2.50% Joint Launch Marketing
10.00% Founders & Management
3.50% Advisors
10.00% Backup Reserve
4.00% IEO Partner
27.50% Marketing & Development
5.00% Liquidity
Andrés M. | Satoshi Club: Thank you DCTO for all the clear answers, now is time to proceed with the last question of this first part of the AMA
Q6 from Telegram User @sofiaisla
How can Sekuritance users stay one step ahead by understanding the mechanics of each transaction in granular detail? Sekuritance provides reliability to its clients regarding this? Do you offer graphs to explore transaction data? And how can your customers get access to all this important information about service names, addresses, increasing number of available currencies, and all about it?
DCTO: graphs not yet – our solutions have been heavily built on data via REST APIs so far – those are the next iteration of UI upgrades planned for Q4 this year
The partner marketplace will also be announced in the solutions and most of the APis will be single API design meaning, the configuration of which partner to use for which check will be enabled in the backend for your analysis
Andrés M. | Satoshi Club: Could you share the whole roadmap with us? Maybe a pic or link to check it, please 😃
DCTO: for sure –

this is always an evolving roadmap but we believe gives a clear indication of where we are and where we are headed
Gold Rocket | Satoshi Club: Many thanks for your great answers! And now get ready for the most impressive part of our AMA – the live questions.
DCTO: let’s go 🙂
Part 2 — live questions from the Telegram community
Q1 from telegram username @highpee
Your WALLET PROOF OF OWNERSHIP will allow the prove of ownership and control of a blockchain wallet without disclosing the private keys. How will you be able to prove wallet ownership and the fund in it without the need for private keys? How will this work without being intrusive?
DCTO: definitely NEVER will we ever ask for private keys – not a chance –
there is a mix of KYC, AML and wallet movement actions that we will ask to be done on that wallet – which will prove wallet control as a basic start –
Q2 from telegram username @Aqillaa
According to the roadmap, what are your most important next priorities? Does your team have enough funds and strong community to achieve those milestones?
DCTO: it is important to note that Sekuritance has been self funded by the core team from its inception and has already developed a good portfolio of solutions for the industry – going down the crypto launch route has opened up many doors to many partners in several industries which is a very good start for this journey so I would say yew – and as per priorities – we have our internal KPIs which we plan on meeting in the next 6-9 months including number of x thousand users on the platform, x amount of partners, x transacted, etcv
Q3 from telegram username @shinchan1112
Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to $Your platform and keep them long term?
DCTO: We have been very lucky to attract high calibre marketing companies in 6 different countries and they are all working in tandem to grow the audience, spread the word and retain market presence not only for the launch or the two weeks that follow – but until the end of the year 2021 – then all impacts will be analysed and re-budgeted accordingly
Q4 from telegram username @highpee
$SKRT will be an ERC-20 token which will be issued based on the Ethereum protocol. But I read where it is said that $SKRT will be blockchain agnostic which means that it can run effectively on any public or private blockchain. Why did you build Sekuritance as sidechain based on Ethereum and how will $SKRT being an ERC-20 token be chain-agnostic?
DCTO: Sekuritance is a proud member of the Ethereum Enterperise Alliance and believe it is a very strong and reputable ecosystem to launch such an initiative.
we have most of the intel working on layer 2 functionality and the token’s function is a pure utility on the network so we see no reason which should stop us in the future from considering the deploying on other mixed chains
Q5 from telegram username @arboledae
What do you think you have an advantage / difference with the competition?
DCTO: I believe that apart from the ecosystem itself – our main advantage is that we are not focussin on a small niche and trying to be experts in that only – but we have opened up our doors to ALL our competitors to bring in their functionality and increase their sales reach by providing services to our network – i have yet to see a detailed regtech/risktech gateway as the one we are bringing to the table
Q6 from telegram username @feranno
Robotic Process Automation (RPA) is a state-of-the-art solution for Fraud Detection. Well, will you include artificial intelligence, which has been used a lot recently, in this solution?
DCTO: most definitely yes – we alresady use some from our partners and have our own rule engines which learn traits from traditional transactions they see – so this is definitely an area of growth for us in the near future
Q7 from telegram username @mobilejii
Why dont you have a telegram Community? Why only channel to join?isnt community important for you?
DCTO: we actually do 🙂 it can be found at t.me/sekuritance_skrt –— we alos committed with a community management company to help us in this growth period and ensure the community is looked after 24×7 for the next few months at least until everything gets stable and communication is flowing
Q8 from telegram username @Jaegerrumbling
would you like to share your fundraising situation and how your private and public offering tokens are distributed? And what are the plans for the next Sekuritance? What must we prepare if we want to participate?
DCTO: all private sale investors only get 10% on TGE and the rest over 6 months – and we have been super selective in our private sale bringing on only trustworthy partners who are also bringing value to the business such as marketing – outreach – new partners – opening new opportunities, etc
Q9 from telegram username @atillayeni
You have really very very long 18 months roadmap. What will happen when you do all of those? Any long term plans?
DCTO: a roadmap is only as good as its implementation and its ability to adapt to day to day business – so we are convinced that with the people and indsutries we are talking to – we will have the opportunity to grow more and more features for our merchants as required – one is never really ever ready in a solution like this
Q10 from telegram username @NataliyaKil
What is the SekurSuite Affiliate Program? Who and how can take part in it, what conditions must be met and what reward can be received?
DCTO: anyone who will be a SKRT token holder (there will be a small minumum amount set) and recommends a company that eventually sign up either as a merchant or as a provider on our network automatically qualifies to get rewarded from that interaction
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
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