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Add KYC & AML pointers
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miohtama committed Nov 27, 2017
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6 changes: 5 additions & 1 deletion README.rst
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Expand Up @@ -75,6 +75,10 @@ Features and design goals

* **Best practices**: Smart contracts are written with the modern best practices of Ethereum community

* **KYC**: Know your customer processes are support enabled to minimize legal risks associated with anonymous payments - `see KYCCrowdsale <https://github.com/TokenMarketNet/ico/blob/master/contracts/KYCCrowdsale.sol>`_

* **AML**: Anti-money laundering processes are supported through offloaded chain analysis - often a requirement to open a bank account - `see AMLToken <https://github.com/TokenMarketNet/ico/blob/master/contracts/AMLToken.sol>`_

* **Separation of concerns**: Crowdsale, token and other logic lies in separate contracts that can be assembled together like lego bricks

* **Testable**: We aim for 100% branch code coverage by automated test suite
Expand All @@ -85,7 +89,7 @@ Features and design goals

* **Refund**: Built-in refund and minimum funding goal protect investors

* **Migration**: Token holders can opt in to a new version of the token contract in the case the token owner wants to add more functionality to their token
* **Token upgrade**: Token holders can opt in to a new version of the token contract in the case the token owner wants to add more functionality to their token

* **Reissuance**: There can be multiple crowdsales for the same token (pre-ICO, ICO, etc.)

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