V3.3
PAYMENTS & MONETIZATION TRANSACTION MONITORING AML5
MERCHANT NETWORKS INTEGRATION
Transaction monitoring and KYC/AML services required by regulators is a complex and expensive undertaking. Adherence to AML5 regulated processes that will be required by everyone, from end users to commercial buyers of the LODE System. As such, the LODE System customers and users will be required to run through scanning with their transaction networks supporting industryleading forensics solutions that ensure token traceability and wallet risk scoring. This service will be integrated across other monetization inflow channels.
Through the development of payment network integrations, shopping cart plugins, ATM integration, and custom wallet integrations, LODE will look to provide an affordable, borderless merchant service offering available to all merchants. LODE provides this channel the ability to leverage the LODE Wallet as is or for larger clients, the ability to leverage the wallet APIs and development services team to provide ancillary wallet services on top of the platform.
BULLETIN BOARD FIAT TO AGX/AUX, CRYPTO TO AGX/AUX EXCHANGE Through the custom development of exchange trading pairs between AGX/AUX Coins and other digital and fiat assets, LODE can offer AGX/AUX Coin Holders with liquidity services and can offer investors the ability to trade against digital assets. In time, the development of further exchange services will continue to drive monetization opportunities. Users can also access services such as prepaid cards or ACH payment transfers to offramp from the exchange providing additional monetization opportunities for LODE.
LODE will look to provide an affordable, borderless merchant service offering available to all merchants.
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CENTRAL BANKS – UNIVERSAL CURRENCY CROSS-PLATFORM LODE is currently working to develop relationships with central banks to offer AGX/ AUX Coins as internal exchange payments. It will also allow different agencies from different countries to utilize the AGX/AUX Coins to pay for international trade of goods and services by sending and receiving funds.
COMMERCIAL CLIENTS LODE can provide a solution by which customized smart contract scripts could be created alongside the development of user-friendly UX/UI that would enable users to enter custom logic into smart contracts aimed to facilitate complex transactions between manufacturers, the logistics industry, wholesalers, distributors, and retailers. Customizable workflow and systems can be created that would enforce the fulfillment of a contract-based adherence to the terms of the contract. Funds stored in escrow can be released to respective parties after they have delivered their end of the process to move a good from manufacturer to retailer.
