Jincor is pioneering the cryptocurrency and smart contracts evolving landscape by developing a service that will provide businesses from all around the world with an easy, regulatory compliant, and seamless way of using smart contracts and b2b crypto payments. Apart of being a piece of software that solves essential problems Jincor is also an infrastructure, a private permissioned distributed ledger based on non-mining consensus algorithm, that allows to create the smart contracts of the highest level of confidentiality. And that additional level of security is an extremely important feature for any tech solution that suppose to store any business-related information.
Currently, it’s quite challenging for most businesses to embrace these new technologies due to tech and legal complications and also high costs associated with the process. To address this issue, Jincor offers a solution, which makes smart contracts and cryptocurrency payments genuinely simple for any business by providing smart contracts templates and verified multisig cryptocurrency wallets for organizations. The project’s token sale starts on the 1st of December. So far, the team has built the core of the product and it is now beeing privately tested by more than thirty companies. The public beta launch is scheduled for the late November and up to now, around 300+ businesses from all around the world have joined the waiting list to give it a try.
Introducing Jincor Contributor Account: your personal ICO dashboard
To make the contribution process more convenient for the ICO participants, Jincor has developed a contributor account. You can track there your own contribution, as well as participate in the project’s partner program in an very intutive and easy way
The first thing required to do is setting up an account. Once this is done, one is obliged to go through the ID verification process to comply with KYC/AML requirements. It allows Jincor to meet the standards of regulators and licensed crypto exchanges and also provide to banks explanations of its funding sources.
KYC stands for “Know Your Customer.” It is a term used to describe how a business identifies and verifies the identity of a client. AML — standing for “Anti-money Laundering”, it is a set of procedures, laws or regulations designed to stop the practice of generating income through illegal actions. Netverify Service, a trusted and accredited identity verification provider, which list of customers includes Coinbase and Airbnb, has helped Jincor to implement this feature.
Focus on user-friendliness and security
The Contributor account has an intuitive and user-friendly interface. Furthermore, full security of your funds and personal information is ensured by two-factor authentication from Google Authenticator service. Google Authenticator provides high security as it uses a Time-based One-time Password algorithm (TOTP) instead of text-based authentication.
To make sure you are well-prepared to support one of the most exciting projects in the field that is about to change the way modern businesses operate, set up your account in advance before the Jincor ICO starts on December, 1.