Tim Zölitz

DTIF partners with DLC

October 25, 2023 in Top Stories

Distributed Ledger Consulting (DLC) has announced the implementation of its Crypto Risk Scores into the data sets of the Digital Token Identifier Foundation (DTIF).

Tim Zölitz, CFO at DLC comments: “The cooperation with DTIF as a provider of ESMA recommended ISO codes for digital assets under its DLT pilot scheme, is a big step for us – on the one hand it confirms our first mover position in the market of risk scores for digital assets in Europe and on the other hand it contributes to enable companies establish adequate risk management solutions for assets like Bitcoin, Ether etc.. We see this cooperation as confirmation that our IDW951 audited system is perceived as a leader in the European market and are of course very pleased about this.”

Denis Dounaev

Denis Dounaev, Product Owner of DTIF, comments, “We are excited to partner with DLC to add the first set of risk scores to the DTI registry, available for free to our users soon. Digital asset markets exhibit new risks that do not exist in traditional financial markets and require a novel approach that DLC provides. With this partnership, we are expanding the registry beyond offering a unique identifier based on ISO standard, to a set of tools to empower our users to make more informed decisions in this ever-evolving digital landscape.”