Chainalysis Groups Up with Japanese System Integrators Hitachi and SB C&S to Improve its Compliance Community

Blockchain evaluation agency Chainalysis has teamed up with prime Japanese system integrators so as to enhance its compliance community.

Chainalysis introduced on December 7, 2020, that it has partnered with Japan-based system integrators Hitachi and SB C&S. These companies are the most recent to hitch Chainalysis’ rising listing of technical and service-oriented companions inside its partnership program, which was launched again in April 2020.

This system helps Chainalysis with constructing on its purpose and mission to encourage the protected adoption of digital currencies by establishing belief amongst authorities companies, digital asset exchanges, monetary establishments, and insurance coverage and cybersecurity companies.

As confirmed in a launch:

“Hitachi is among the largest system integrators in Japan, and shall be value-added resellers for Chainalysis. Hitachi is primarily specializing in working with the general public sector. SB C&S, a SoftBank group firm, is among the largest distributors in Japan and Chainalysis is the primary blockchain-related resolution in its lineup.”

Yohei Honmi, Govt Director, SB C&S, famous that the demand for classy regulatory and compliance merchandise continues to develop, and blockchain or distributed ledger know-how (DLT) is a “key” part in terms of “modernizing” present practices.

Honmi additionally talked about that with greater than 1,000 resellers based mostly in Japan, they wanted a associate to help them with maximizing their attain as they join with shoppers throughout the nation and Chainalysis’ investigative and compliance options complimented their enterprise “completely.”

Jason Bonds, Chief Income Officer, Chainalysis, remarked:

“We’re trying ahead to working with Hitachi and SB C&S and serving to the area onboard blockchain know-how safely and compliantly. As we proceed increasing our world footprint, it’s essential for us to associate with firms that can assist us in assembly the demand for cryptocurrency investigative software program and blockchain know-how.”

Chainalysis’s administration confirmed that they intend to additional develop their presence within the Asia Pacific (APAC) area. The blockchain evaluation firm just lately teamed up with 4 main Australia-headquartered funds companies so as to enhance due diligence whereas extra successfully monitoring danger exercise throughout the business.

Chainalysis has additionally revealed the “first of its sort” Geography of Cryptocurrency Report, which seems at regional variations in crypto adoption and varied use-cases on a worldwide scale. The report goals to help companies and people with gaining a greater understanding of  cryptocurrency transactions and their functions.