Traverse Officially Launches 'SaferBlock', a Virtual Asset Investor Protection Platform

Korea Economic Daily

Summary

  • Traverse announced the launch of the SaferBlock platform for virtual asset investor protection.
  • 'SaferBlock' provides virtual asset crime reporting and inquiry functions, real-time global news, and professional analysis content to help secure investment information.
  • The platform allows domestic investors to quickly check overseas news through multilingual support and automatic summarization features.
Photo=Traverse
Photo=Traverse

Traverse, a company specializing in blockchain and artificial intelligence (AI) technology, announced on the 21st that it has officially launched the information platform 'SaferBlock' for the protection of virtual asset (cryptocurrency) investors.

Traverse is a key affiliate of Bonanza Factory, which supplies won deposit and withdrawal verification solutions to major domestic virtual asset exchanges, and has been responsible for advancing the technology of the virtual asset wallet verification solution 'TranSight'. In June last year, it also introduced the platform 'CHAINLOCK' for reporting and inquiring about virtual asset fraud crimes.

The newly launched SaferBlock is a platform that expands CHAINLOCK into a global service. SaferBlock provides services such as ▲virtual asset crime reporting and inquiry functions, ▲real-time global news provision, and ▲professional analysis content. The goal is to help users easily secure essential information for virtual asset remittance and investment through these services.

First, 'BlockNews' is a service that collects and summarizes major news related to virtual assets occurring worldwide in real-time 24 hours a day. By utilizing Traverse's generative AI technology, it automatically summarizes news content and supports multilingual translation, allowing domestic investors to quickly and accurately check overseas news. It is characterized by drastically reducing the speed of delivering virtual asset-related information and conveying complex foreign news in an easy-to-understand form.

Next, the analysis content 'SaferView', written from an investor protection perspective by professional crypto analysts, delivers highly reliable insights to investors.

SaferBlock is available in five languages: ▲Korean ▲English ▲German ▲Japanese ▲Chinese.

Han Tae-woo, CEO of Traverse, stated, "Remittance and investment are essential elements in the virtual asset market, and everyone should be able to access information to protect themselves for free at any time," and expressed his expectation that SaferBlock will establish itself as an A to Z platform for investor protection.

Hankyung.com Newsroom open@hankyung.com

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Korea Economic Daily

hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
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