ATFX announced the launch of a new fintech service that allows its clients and partners clients to experience a quick and reliable verification process. The new service is based on a proprietary blockchain network.
ATFX was the first broker to introduce automated verification of new client accounts using facial recognition software and the electronic signing of documents.
The latest blockchain-based fintech service technology is revolutionary since it allows potential clients to verify through blockchain whether an introducing broker (IB) is registered with and authorized by the broker. The technology will help clients trade with high security.
Despite the fact that the blockchain technology has helped develop many industries, its adoption in the Forex market has been slow. However, as a fintech-based broker, ATFX saw significant advantages of adopting blockchain technology in its operations. By using the new technology, ATFX can guarantee that malicious actors can never alter the records.
ATFX is a Forex and CFD broker, and a part of AT Global Markets, an international investment holding. AFTX has received many awards for its quality service, including The Fastest Growing Forex Broker in Europe in 2017, and the Best Forex CFDs Broker by UK Forex Awards.