** CryptoSafe Alliance**
Into the Crypto world there are many scam and fraud. Binance recently proposed setting up an alliance that would allow for the sharing of threat intelligence amongst exchanges to tackle this growing threat. Binance turned to Oasis Labs to provide a platform where exchanges could collaboratively prevent fraud while protecting the confidentiality of each participant’s sensitive data in a decentralized manner. Oasis Labs’ sophisticated technology built on top of the privacy-first, Oasis Network has the needed properties to build the CryptoSafe Platform and support an ecosystem of exchanges hoping to reduce crypto fraud. The CryptoSafe Platform is able to provide fraud detection while keeping exchange data confidential and private. The CryptoSafe Platform is integrated with the Oasis Network via Oasis Labs’ privacy SDK, Parcel, which abstracts away the nuance of blockchain systems — making development easy and straightforward.
At launch, the CryptoSafe Platform will support Bitcoin, Ethereum, TRX and EOS blockchains with more to be added later this year. The platform will support maintaining blacklists of malicious wallet addresses, monitoring asset transactions, and providing information for further legal and investigation processes.