FluidFi + Merkle Science: The Making of a secured Financial Platform
Not a day goes by without a report of a scam or hack in the crypto world, everyone is vulnerable, experts are not spared, and phishing(Criminal –fishing) is reaching perfection level, see recent Axie Infinity $620m hack; seems scams and hacks are a part of Web3 life; well not for FluidFiers.
Fluid Finance partnership with Merkle Science ensures Fluid’s integrated bank account and Web3Wallet infrastructure, are some of the most secure platform in the crypto space. These days when people own a Web3 wallet they practically have to keep one eye open the rest of their lives, the integration of Merkle Science predictive crypto risk and intelligence platform to Fluid platform ensures you can have peace of mind and sleep with your two eyes closed.
Indeed today, when the rate of scams and hacks continue to grow (over 695% in Q1 of 2022, according to Techcrunch) and threaten the very existence of DeFi, a partnership for security is critical to the survival and growth of any platform. FluidFi is thus proactively partnering with Merkle Science to provide a platform that is secured from inception.
About FluidFi
In a real life scenario where you have a bank account (traditional bank account), and a Web3 wallet (for crypto/DeFi) or you have a need to transact between them; this means that you will go through the difficult, costly, risky, delays, and errors and mistake prone, back-and-forth of going from BankAccount-to-Exchange-to-Crypto, a Fluid Account eliminates all this and makes this transition seamless in both direction from account-to-crypto and back, all in one app and this is why fluid is revolutionary. As they say the best definition is tautology; if-you-know-you-know.
Fluid Finance is a revolutionary approach to banking. A fluid Account gives you all the benefits of traditional banking and the benefits of crypto all in one- app.
1. in this regards a Fluid account is better than banking because it gives you more than a bank will give you with the addition of a Web3 wallet functionality in the same app.
2. And is also better than Web3-Wallet because it allows you to mint DUSD a stable coin directly from your bank account to DeFi without a crypto exchange.
3. All in one App. Fluid Finance the Bank Alternative
Read more about FluidFi here.
A revolutionary platform like FluidFi is good to have but less so without iron-clad security and a partnership with Merkle Scince makes FluidFi platform iron-clad.
About Merkle Science
Is a predictive risk and intelligence platform, that has established a reputation and trust for transaction screening and Wallet Monitoring, fraud prevention and complies with AML, KYC and CFT regulations. Merkle Science’s Compass easily identifies suspicious transactions on and beyond the blacklists and responds immediately.
Read more about Merkle Science here.
This next generation crypto threat detection and prevention and risk management solution is now a part of the FluidFi App/platform that you get.
With FluidFi you get a secured financial revolution.
CAVEAT:
· Note- This is not a financial investment advice.
· All financial investments involve risk DYOR (Do your own research) before making any financial investments
· This article is my thoughts and opinion about the subject matter.
References
1. Bitcoin. Securing your Wallet. https://bitcoin.org/en/secure-your-wallet
2. Nambiampurath, R. DeFiance Capital Founder Loses Over $1.5 Million in Hot Wallet Attack. (2022,03,22). https://beincrypto.com/defiance-capital-founder-loses-over-1-5-million-in-hot-wallet-attack/
3. Melinek, J. Q1 crypto losses spike 695% on year following massive hacks. (2022,04,04). https://techcrunch.com/2022/04/04/q1-crypto-losses-spike-695-on-year-following-massive-hacks/
4. FluidFi. Meet our Partners: Merkle Science. (2022,04,06). https://medium.com/fluidfi/meet-our-partners-merkle-science-20e9d2f7bcf3
