Sekuritance PriceSKRTInactive

What is Sekuritance (SKRT)?

Sekuritance (SKRT) is a CeFi and DeFi RegTech partner ecosystem designed to deliver compliance, regulatory, transaction monitoring and identity management solutions. It positions itself as a RegTech and Embedded Finance partner for the CeFi and DeFi ecosystem, providing a single platform for every compliance need within a business. The platform covers end-to-end KYC, KYB, AML, vendor management, beneficiary onboarding, investor checks, card processing MFA checks, blockchain wallet checks, cyber-risk assessments, and other RegTech and Business Process Management requirements. Sekuritance aims to enable individuals, businesses and governments to use blockchain as a regulatory solution to identify, verify and transact safely online. The project describes itself as a leader in onboarding automation, offering compliance-based solutions including KYC, KYB, KYT, fraud monitoring, PCI DSS Data Vault and transaction monitoring. SKRT is an ERC-20 token on Ethereum that also launched on the Polygon chain. It has a maximum supply of 818,202,997 SKRT and a circulating supply reported at approximately 380.19 million SKRT.

Key Specifications & Tokenomics

• Name: Sekuritance
• Symbol / Ticker: SKRT
• Blockchain / Platform: Ethereum (ERC-20); also launched on Polygon (MATIC) chain
• Contract Address (Ethereum / ERC-20): 0x887168120cb89Fb06F3E74Dc4AF20D67dF0977f6
• Contract Address (alternate listing, ETH): 0x9459d0489460E09f7C6F962012AFda44430D9ADf
• Launch Date: 2021
• Tags: DeFi, Trustswap Launchpad
• DEX Mode: Yes
• CertiK Rating: 3.1
• Max Supply: 818,202,997 SKRT
• Total Supply: 818.202M SKRT
• Circulating Supply: 380.19M SKRT
• Fully Diluted Market Cap: $149,573.08
• Market Cap: $86,141.64
• Onchain Market Cap: $178,049.15
• Holders: 2,715
• Explorers: etherscan.io

Who created Sekuritance?

Sekuritance was co-founded by Jonathan Camilleri Bowman and Jan Gatt. Jonathan Camilleri Bowman serves as Co-founder and CEO of Sekuritance. Both are described as fintech experts and developers with extensive experience in Fintech, RegTech and RiskTech, solution architecture and deliverables. The Sekuritance Network and Ecosystem, as well as its underlying SKRT utility, are the brainchild of Jonathan Camilleri Bowman and Jan Gatt. Carol Dennison and Richard Roberg are also mentioned in association with Sekuritance. The project employs more than 20 staff, including developers with experience at multi-national Fintech companies. Jonathan Camilleri Bowman has stated, "We believe we have created the next stage of RegTech."

How does Sekuritance work?

Sekuritance operates as a RegTech platform that provides a single platform for every compliance need within a business. It delivers end-to-end KYC, KYB, AML, vendor management, beneficiary onboarding, investor checks, card processing MFA checks, blockchain wallet checks, cyber-risk assessments and other RegTech and Business Process Management requirements. A core innovation is the identity-based ntNFT (non-transferable non-fungible token), announced on June 6, 2022, making Sekuritance a first mover in identity-based non-transferable NFTs built on SKRT. This mechanism merges web2 with web3 by developing a user digital identifier in a non-transferable fashion to link a user's non-custodial wallet with their identity, while confirming via KYC, AML and onchain analysis that the user is of good standing. The identity-based ntNFT enables users to control their self-sovereign identity and verify their identity on platforms via decentralised access. Within the Sekuritance portal, users can oversee which platforms within the ecosystem are processing their data and can revoke access to their data through the portal. The ntNFT has an identifier code linked to one's identity within the Sekuritance platform. Two types of NFTs are available for minting: Global Identity NFTs, with parameters the user chooses to make visible including the design of their own avatar, and ntNFTs, which are deposited into the associated verified wallet.

What makes Sekuritance unique and valuable?

Sekuritance differentiates itself through its identity-based ntNFT technology, which adds a layer of non-transferability and expiration, opening new use cases within the verification and validation ecosystem. This positions Sekuritance distinctly from potential new market participants. The platform provides a comprehensive suite of compliance tools covering KYC, KYB, KYT, fraud monitoring, PCI DSS Data Vault and transaction monitoring, making it a one-stop solution for businesses with regulatory requirements. In May 2022, the company was awarded PCI DSS Level 1 Certification for its security and compliance-based system in keeping users' data safe. A practical use case example: if a partner is a launchpad and a user wishes to register, before utilizing the launchpad's fiat rails or pledging on an IDO, the user must verify themselves first. If the launchpad is part of the Sekuritance partner ecosystem, the user only connects their web3 wallet to speed up the verification process entirely, given the user has already performed all necessary checks. The SKRT token acts as the utility token fueling this identity-based ntNFT and as the main transaction currency on moving certain details across platforms. Sekuritance also launched a new SKRT staking pool on its portal for holders to gain a solid APY with their tokens, and announced the launch of an eLearning Course on Compliance and AML with in-depth modules, certifications, rewards and opportunities.

What is Sekuritance used for?

SKRT serves as the utility token fueling the identity-based ntNFT and as the main transaction currency on moving certain details across platforms. The token underpins the Sekuritance ecosystem, which provides compliance, regulatory, transaction monitoring and identity management services. Users can stake SKRT in the staking pool available on the Sekuritance portal to earn APY. The token launched on the TrustSwap Launchpad, with Sekuritance opening registration for the SKRT "SwapDrop" to the TrustSwap community. SKRT launched on ETH and MATIC chains on December 14, 2021. The platform itself is used by businesses for KYC, KYB, AML screening, PEP screening, fraud monitoring, transaction monitoring, vendor management, beneficiary onboarding, investor checks, card processing MFA checks, blockchain wallet checks, cyber-risk assessments and Business Process Management requirements. The identity-based ntNFT is utilized within the Sekuritance platform and its partner ecosystem for faster, smoother and more efficient onboarding and trust-based processes.

How Is the Sekuritance ecosystem developing?

Sekuritance has been actively developing its ecosystem since its 2021 launch. On December 14, 2021, the RegTech platform launched SKRT on ETH and MATIC chains, with SKRT going live on Polygon. On February 9, 2022, Sekuritance launched its platform to simplify business compliance needs from evolving cyber risks. In May 2022, the company was awarded PCI DSS Level 1 Certification. On June 6, 2022, Sekuritance announced identity-based ntNFTs, becoming a first mover in identity-based non-transferable NFTs built on SKRT. The identity-based ntNFT was already under trial with select partners consuming it for specific use cases. On May 11, 2023, Sekuritance announced it was "still here and stronger than ever," launching an eLearning Course on Compliance and AML. In December 2023, the website was updated with "Your Compliance and KYC Gateway." In November 2024, Sekuritance promoted KYC and KYB onboarding automation, its full suite of compliance tools, and its Complete KYC and KYB Solution for fast, secure onboarding. The project has teamed up with numerous providers, partners and end-user customers. SKRT is available for purchase on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available, and trading on 12 active markets. Upcoming liquidity locks, vesting and staking events for Sekuritance on ETH are tracked via Team.Finance.

How to mine Sekuritance?

SKRT is not a mineable cryptocurrency. It is an ERC-20 token on Ethereum that also launched on the Polygon chain, with a fixed maximum supply of 818,202,997 SKRT. Instead of mining, holders can participate in staking through the SKRT staking pool available on the Sekuritance portal, which offers APY to holders. The token was launched on the TrustSwap Launchpad, and Sekuritance opened registration for the SKRT "SwapDrop" to the TrustSwap community. Liquidity locks, vesting and staking events for Sekuritance on ETH are tracked via Team.Finance.

How to keep your Sekuritance Coin safe?

Because SKRT is an ERC-20 token on Ethereum and also exists on the Polygon chain, it can be stored in compatible non-custodial wallets that support these networks. Sekuritance emphasizes security and compliance, having been awarded PCI DSS Level 1 Certification in May 2022 for its security and compliance-based system in keeping users' data safe. The identity-based ntNFT mechanism links a user's non-custodial wallet with their identity, and within the Sekuritance portal, users can oversee which platforms within the ecosystem are processing their data and can revoke access to their data through the portal. As general best practice, users should verify contract addresses before interacting with any token, keep private keys and seed phrases secure and offline, use hardware wallets for significant holdings, and be cautious of phishing attempts. Buyers should also note that the CMC team has not verified the project's circulating supply, and its self-reported circulating supply is 0 SKRT with a self-reported market cap of $0, so independent verification of token data is advisable.