Creator of AML BitCoin in Talks With Estonian and Slovenian Governments on Blockchain Projects

NAC Foundation, LLC – the company behind new digital currency AML BitCoin and patent-pending anti-money laundering and know-your-customer technologies, has announced negotiations with Slovenian and Estonian officials to probe how these countries could utilize AML BitCoin’s patent-pending digital blockchain platform.

Led by the CEO of NAC Foundation Marcus Andrade, the meetings were held at the time of the EU Digital Summit in Tallinn, Estonia. Andrade briefed numerous Estonian legislative leaders, including a key parliamentarian digital commerce leader Kalle Palling, on strong international governmental interest in partnering with AML BitCoin who see the project as a solution to stability and security problems threatening the Bitcoin cryptocurrency. Andrade also presented the project to the Estonian e-Residency team, which is exploring a launch of its own digital currency, the ESTcoin.

“Because of its AML/KYC (anti-money laundering/know your customer) features, AML BitCoin is the digital currency that is most able to engage in mainstream commerce, taking its place among traditional payment options,” said Andrade.

Marek Pajussar from the Estonian Financial Supervision Authority expressed strong interest in AML BitCoin’s technological advances with its AML and KYC protocols and procedures.

In Slovenia, Andrade briefed the Slovenian Deputy Prime Minister and Minister of Public Administration Boris Koprivnikar. As the Minister of Public Administration, Mr Koprivnikar’s mission is to ensure efficient and forward-looking support for Slovenian citizen, industry and government initiatives. He showed particular interest in understanding how the identification segment of the AML BitCoin platform could be used on a wider scale.

Mr. Andrade also met with key representatives of the Slovenian National…

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