Merkle Science Collaborates with nSure.ai to Improve Security for Cryptocurrency Transactions

A predictive platform focused on cryptocurrency risks and intelligence Merkle Science has formed a strategic alliance with nSure.ai , an AI-powered platform designed to prevent crypto payment fraud. This collaboration is geared towards strengthening security measures in the cryptocurrency field, aiming to reduce fraudulent activities and promote the broader adoption of digital currencies.

By incorporating Merkle Science's behavior-based monitoring tool, 'Compass', into the nSure.ai ecosystem, clients will benefit from enhanced protections against fraud blockchain when exchanging fiat for cryptocurrencies. Merkle Science emphasizes that this partnership will empower companies to streamline onboarding processes for customers and partners while scaling their businesses efficiently. payment fraud ‘The greatest barrier to cryptocurrency adoption is fraud. Buyers and merchants are hesitant to engage with digital currencies in a market rife with scams,’ stated Merkle Science's CEO, Mriganka Pattnaik. ‘Our collaboration with nSure.ai addresses this challenge, enabling both merchants and consumers to transact using cryptocurrency with assurance and security.’

covering everything from proactive detection of threats to monitoring fraudulent transactions. This will deliver a robust solution to safeguard the crypto ecosystem, starting with straightforward onboarding and extending to secure transactions on the blockchain.

The partnership will bolster digital currency security The partnership between Merkle Science and nSure.ai seeks to create a safer environment for both cryptocurrency users and businesses.

‘nSure.ai acknowledges the increasing necessity among crypto exchanges and conversion platforms to ensure secure transactions when turning fiat into digital currency,’ noted nSure.ai's CEO and co-founder, Alex Zeltcer. ‘By collaborating with Merkle Science and integrating 'Compass', we can equip businesses to detect crypto fraud, facilitate legitimate transactions by consumers keen on adopting digital currency for daily purchases, and support efficient onboarding of conversion partners.’

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Victor serves as a Managing Tech Editor/Writer at Metaverse Post, focusing on subjects like artificial intelligence, cryptocurrency, data science, the metaverse, and cybersecurity in enterprises. With five years of industry experience at recognized media organizations such as VentureBeat, DatatechVibe, and Analytics India Magazine, he also plays the role of a Media Mentor at prestigious universities like Oxford and USC. Holding a Master’s degree in data science and analytics, Victor is dedicated to keeping up with the latest trends.