THEVAULT SIGNS AGREEMENT WITH LOLDEX TO WORK TOGETHER ON THEVAULT’S DECENTRALIZED SECURITY CONSENSUS AND AI-FRAUD DETECTION PLATFORM
NOVEMBER 27, 2018. TheVault has just announced the signing of an MOU agreement with LoLDEX, a new decentralized trading protocol for crypto trading.
The Vault Foundation, a Singapore-based company providing a decentralized consensus security protocol that utilizes an AI-powered fraud detection solution has announced an agreement to bring LoLDEX to join TheVault Security Consensus Network, a global security ecosystem that will speed blockchain transactions and eliminate cybercrime.
The agreement enables LoLDEX to leverage advanced, AI-powered fraud detection including as TheVault’s consumer anti-virus, malware, phishing and ransomware protection for all LoLDEX’s member’s accounts.
The Vault Platform is the world’s first blockchain security consensus protocol using an AI-powered fraud detection solution that will guarantee digital transactions whether fiat or cryptocurrencies.
TheVault Platform provides a three-tiered product approach, security consensus network, an artificial intelligence-powered Fraud Detection Solution, and consumer device application protection.
Marco Baik, the co-founder at TheVault, said: “We can eliminate cyber attacks before they can start, exclude digital addresses from accessing a network or being part of a transaction. Using TheVault’s AI-powered fraud detection, we provide an increasingly smarter and safer way of transacting in cryptocurrencies, at the same time, can speed up the transaction approval process.
In addition to AI-powered fraud detection, LoLDEX will be able to add TheVault’s consumer protection to its network.
LoLDEX’s CEO, John Fearon says: “We only want to work with the best in the industry and are happy that we can partner with TheVault. Growing the crypto trading world and supporting our clients’ privacy and protection is vital to us.
LoLDEX Foundation is a decentralized trading protocol for smart contracts. It aims to help decentralized crypto exchanges dominate the crypto trading world.
For more information about LoLDEX contact:
Dina Abdullah Enriquez firstname.lastname@example.org
About The Vault Foundation:
TheVault Ltd manages the Vault Foundation, a Singapore registered business dedicated to making the crypto transactions and the storage of crypto assets safe, and delivering to the fiat and digital payments sector — Security You Can Trust!
For more information about the Vault Foundation contact:
Marco Baik marco@theVAULT.foundation
Dannie Francis dannie@theVAULT.foundation