Javvy- Mass Adoption Visionaries With A Focus On Compliance

Despite originally being forecast as the ‘year of the bull’, most crypto assets are currently down significantly from this time last year. On the upside, much progress has been made to legitimize crypto’s use and adoption at a governmental and international level.

Most regulatory issues were born from the fact that most crypto early adopters believed in the idea of true decentralization. Whilst this isn’t a bad thing, it has become apparent that crypto cannot be a law unto itself. It still has to fit within some type of regulatory framework.

There are of course some companies who are well ahead of field when it comes to regulatory compliance. These companies are making great strides to offer not only disruptive solutions, but also to maintain a regulation friendly outlook.

One company that is tackling this head on is Javvy. Javvy is an organization that boasts a team with decades of extensive regulatory compliance, programming, and security experience.

Javvy combines a comprehensive wallet & exchange solution to overcome the security deficiencies of web-based wallets and exchanges. As previously mentioned, Javvy is currently following, and prepared to adapt to evolving regulations in the future.

Javvy is one of very few companies that is incorporating ‘Know Your Customer’ (KYC) and ‘Anti-Money Laundering’ (AML) procedures into their solution. They require participants involved in their Initial Coin Offering (ICO) to get whitelisted before they can contribute. This whitelist procedure involves both KYC and AML compliance.

The team at Javvy hasn’t stopped there. In addition to strict regulatory compliance, Javvy’s ultimate vision is a solution that achieves mass adoption by everyone in the space.

They aim to achieve this mass adoption in a couple different ways. For example, with a successful fundraising effort, the team intends to release an international debit card. This will let users utilize cryptocurrency like cash at any location that accepts a debit card. This card would instantly convert crypto to FIAT to refill balance on a prepaid debit card.

Furthermore, with the potential for Javvy to integrate itself with exchanges that host Fiat pairings, we are likely to witness a wallet/exchange solution that dwarfs the competition.

In order for a cryptocurrency company to truly succeed, it must achieve mass adoption. The key question is, are there companies with enough vision to anticipate the upcoming trends and prepare themselves for the next bull run? It is quickly becoming evident that Javvy will likely be a leader going forward into the future. We will undoubtedly see much more from Javvy CEO Brandon Elliot and his team during 2019.