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Shyft Network Profile picture
@shyftnetwork
Nov 9, 2022 โ€ข 4 tweets โ€ข 3 min read โ€ข Read on X
1) We have an exciting update to share! ๐Ÿฅณ๐ŸŽŠ๐ŸŽ‰

๐Ÿฅ๐Ÿฅ Shyft Veriscope has rolled out a new feature called Address Proofs ๐Ÿฅ๐Ÿฅ

We are leveraging Address Proofs to solve two major problems #VASPs face while complying with the #TravelRule:

โš ๏ธ Attributionย 
โš ๏ธ Data Security
2) How will #VASPs benefit from "Address Proofs"? ๐Ÿค”ย 

- It will enable beneficiary VASPs to prove they control the #crypto wallet address โœ…ย 

- This will further help ensure that Originator VASPs share critical #TravelRule data only with the right party โœ…
3) - Address proofs will also help VASPs comply with the local data protection rules they are subjected to

Want to know more about Address proofs? Visit here: tinyurl.com/27ru6e5z

And contact our BD team here for a discussion:ย shyft.network/contact
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More from @shyftnetwork

Shyft Network Profile picture
Apr 19, 2023
1/ Exciting news for VASPs (Read: #crypto businesses)! ๐Ÿคฉ

We're launching #VeriscopeIaC, a powerful solution ๐Ÿ’ช streamlining the Veriscope server deployment process. ๐Ÿš€

More details here ๐Ÿ‘‰ tinyurl.com/y45ebf4n Image
2/ It integrates with popular platforms & tools like #AWS, #Terraform, and #Ansible, & is flexible enough to work with other cloud platforms too! โ˜๏ธ๐Ÿ”ง

ย VASPs, get ready to experience smooth deployment, from setup to usage!ย ๐ŸŒŸ
3/ Follow our comprehensive guide ๐Ÿ“– and your Veriscope Server will be up & running in no time! โฑ๏ธย 

Dive into the "infra" folder ๐Ÿ“‚ in the Veriscope repo to find the IaC magic. โœจ

Veriscope IaC makes managing multiple environments (test, dev, staging, prod) a breeze! ๐Ÿƒ๐Ÿ’ป
Read 6 tweets
Shyft Network Profile picture
Apr 18, 2023
1/ UK Treasury's A. Griffith ๐Ÿ‡ฌ๐Ÿ‡ง tells @CNBC UK's #cryptore gulations are coming soon. โณ๐Ÿ”’

He reminded that post-#Brexit, UK controls rulebook ๐Ÿ“–โœŠ, aiming for agility & balance. โš–๏ธ Image
@CNBC 2/ In Feb, the #UK gov outlined proposed crypto rules ๐Ÿ“ƒ for the turbulent industry. ๐Ÿ’จ๐Ÿ“‰

One of its key proposals was to get FCA-registered firms ๐Ÿฆ to apply for a new FSMA-based regime. ๐Ÿ”๐Ÿ”ง
@CNBC 3/ Compared to the #UK ๐Ÿ‡ฌ๐Ÿ‡ง, the US ๐Ÿ‡บ๐Ÿ‡ธ has adopted a heavy-handed ๐ŸฅŠ๐Ÿ’ช approach to #cryptocurrency.

This raises Q: will UK's balance encourage innovation & adoption, or will the US's strictness prevail? ๐Ÿค”

What do you think? Comment below ๐Ÿ‘‡
Read 4 tweets
Shyft Network Profile picture
Jan 31, 2023
1/ Hello Shyftoshis! We're thrilled to announce our first 2023 monthly overview ๐ŸŽ‰

Join us as we review our progress and set the tone for a productive new month ๐Ÿ’ช

From dev integrations and updates to community campaigns, it is a productive start to the year ๐Ÿš€๐ŸŒŸ
2/ Knowledge is power ๐Ÿ’ก We keep educating our community and publish 30 blogs on:

CBDCs โœ…๏ธ

China ๐Ÿ‡จ๐Ÿ‡ณ tinyurl.com/China-CBDC

India ๐Ÿ‡ฎ๐Ÿ‡ณ tinyurl.com/India-CBDC

Australia ๐Ÿ‡ฆ๐Ÿ‡บ tinyurl.com/Australia-CBDC

Norway ๐Ÿ‡ณ๐Ÿ‡ด tinyurl.com/Norway-CBDC

+ more๐Ÿ‘‰ medium.com/shyft-network
3/ We extensively follow the crypto regulations and their impact on user privacy in our Weekly Veriscope Regulatory Recap!

We analyzed:

Crypto Winterโ„๏ธ tinyurl.com/Regulators-Cryโ€ฆ

HK eyes on regional crypto hub ๐Ÿ‘€ tinyurl.com/Hong-Kong-Crypโ€ฆ

Subscribe ๐Ÿ‘‰shyft-network.beehiiv.com/subscribe
Read 8 tweets
Shyft Network Profile picture
Jan 30, 2023
1/ We have reached part-7 of the Shyft Office Hours Wrap-up Recap series.

And now, we move into the Q&A session that was conducted near the end of the Office Hours. ๐ŸŽค

So, let's dive straight into it.ย ๐Ÿ‘€
2/ Question: In light of the current slow adoption of the FATF Travel Rule, what can Shyft Veriscope do to accelerate its adoption by #VASPsโ‰๏ธ

@josephweinberg: Pushing Travel Rule adoption in a way that would prove to be negative for the #crypto ecosystem is a big NO for meโ—๏ธ
@josephweinberg 3/ Instead, the preferred approach would be a more stable & safe one.ย 

After all, the impact would be considerably big. ๐Ÿ’ก

How big? ๐Ÿค”ย 

5X-10X more in magnitude in terms of daily data transmission on Shyftโ—๏ธ
Read 9 tweets
Shyft Network Profile picture
Dec 26, 2022
1/ Part-7(2)

We covered Veriscope installation in the previous Twitter๐Ÿงต & it's time to learn about the testing & onboarding processes.

So, let's dive straight into it ๐Ÿ‘€
2/ First, we will focus on the testing aspect:

There are two ways of testing the Veriscope API! These are :

Postman Collection โœ…
Sandbox Environment โœ…

Note: The testing stage will come only after downloading Veriscope ๐Ÿ’ก
3/ To begin testing, VASPs (read = crypto businesses) must log in to the Web application after downloading Veriscope.ย 

And then, VASPs can choose either the Postman Collection or Sandboxย Environment to conduct testing.
Read 10 tweets
Shyft Network Profile picture
Dec 24, 2022
1/ We have reached the 7th part of the Veriscope campaign. This is also the last of the campaign.ย 

And today, we will give you an end-to-end walkthrough on how VASPs can install, test, and get onboarded onto Veriscope. ๐Ÿ‘€
2/ But for now, we will only look into the installation part. Letโ€™s start.

We must visit the Veriscope Github repo to begin the Veriscope installation process ๐Ÿ‘‡

docs.veriscope.network/docs/3.0.0/insโ€ฆ

The repo consists of a complete installer with components to download Veriscope.
3/ The first thing VASPs (read: crypto businesses) need now is access to a server.ย 

However, the server must:

Be connected to specific internet ports. โœ…

Have a domain name system (DNS) pointed towards it to translate the domain name into a machine-readable format. โœ…
Read 7 tweets

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