Uppsala Security signs a “Blockchain Service AML Integration Agreement” with Samsung Electronics, to enhance the security of the Samsung Blockchain Wallet
Singapore, 6 October 2020 — We hereby officially announce that in order to strengthen the security of the Samsung Blockchain Wallet, we have signed a “Blockchain Service AML Integration Agreement” with Samsung Electronics and directly linked our virtual asset AML solutions to the Samsung Blockchain Service. This means that the Samsung Blockchain Wallet users can now benefit from features like real-time threat detection or push notifications triggered by suspicious transactions.
1. Check the safety of a wallet address before proceeding with a crypto transaction.
By having access to the Sentinel Protocol’s Threat Intelligence Database (TRDB), users will be able to check the safety of a wallet address previous to proceeding with any virtual asset transactions. With doing so, users can make sure that they are not interacting with malicious wallets that have a history of being used in various crimes such as hacking, scamming or the dark web.
2. Receive push alerts about suspicious outgoing or incoming transactions that happened without approval.
In the event that digital assets are transferred due to the leakage of private keys or mismanagement of credentials, it is generally difficult for users to immediately notice the incident and take proper action. However, Sentinel Protocol’s AML solution alerts Samsung Blockchain Wallet users through push notifications when unusual transactions are detected.
3. Track the Money Laundering process and receive a legally valid analysis report.
If Samsung Blockchain Wallet users experience the loss of their digital assets due to hacking or fraud, incident tracking requests can be submitted through the Sentinel Portal platform linked within the Wallet application. After a complete investigation process, users will then receive transaction tracking reports that can be handed over as legal evidence to law enforcement agencies.
*The free service is currently provided to users in South Korea and Singapore only for the provision of a primary fund tracking report with one crypto wallet address.
Download the Samsung Blockchain Wallet now and start transacting your virtual assets safely: https://galaxy.store/samsungbl.
