July 15, 2020 Shyft Network unveils a new framework for addressing the FATF Travel Rule.

Shyft Network Inc. the organization behind the blockchain-based data protection network, Shyft, has unveiled a new framework aimed at addressing the Financial Action Task Force’s (FATF) Travel Rule. The framework, named Veriscope seeks to help virtual asset service providers (VASPs) identify each other with the view to helping them comply with KYC and AML rules. Shyft has also released a VASP transaction explorer, named VASPScan, in conjunction with the framework that helps to identify attestations in transactions.