Nevada County Will Now Allow Marriage Certificates on Blockchain

Derrick Broze

Nevada's WashoeCounty is leading the way for blockchain use in government programs, including marriage certificates saved on a blockchain.

In April 2018, Washoe County issued its first marriage certificate which was stored on a blockchain. The program allows anyone who gets married in the county to view and send a digital version of their marriage certificate from their computer or smartphone. The digital marriage certificate is stored on the Ethereum blockchain.

Washoe County Clerk Nancy Parent stated that the digital marriage certificate is different from a marriage license. "Marriage licenses must be obtained in person at the County Clerk’s office and are not available online," Parent told The Reno Gazette Journal. "Marriage certificates are proof of marriage and are available via blockchain technology through the Washoe County Recorder’s Office.”

Customers using the blockchain marriage certificates no longer have to wait seven to ten business days to receive them. Instead, their certificate arrives via email in less than 24 hours. County officials served around 950 people between April and early December. The county is now considering using blockchain technology for a digital record recovery system in case of a disasterother records. Nearby Elko County has also started a trial phase for using blockchain technology to store digital copies of birth certificates.

Titan Seal, the company behind Wahoe County's digital marriage certificates, told the journal it is "actively looking for a DMV partner in the country to potentially create a digital driver’s license that is certified through blockchain technology".

Resistance to the initiative has come from Washoe residents who don't understand the technology and attempt to print the digital version and use it as a paper certificate. Hunter Halcomb, a department systems technician with Washoe County, also told the journal that around 35 percent of government agencies have rejected the digital certificates. The largest opposition comes from the Department of Motor Vehicles.

“DMVs in border states are our biggest issue because they actually see cases of marriage certificate fraud,” Halcomb said.

The idea of a PDF marriage certificate really disturbs them and we haven’t been able to convince the administrators of any of these DMVs that the (digital certificates) are actually more secure than the paper ones.

The Nevada DMV has not commited to accepting the blockchain-based marriage certificate.

Chainalysis Launches Real-Time Suspicious Transaction Alerts for 15 Cryptocurrencies

Blockchain intelligence firm Chainalysis has introduced "suspicious cryptocurrency transaction alerts" in "Chainalysis Know Your Transaction (KYT)", its "real-time anti-money laundering (AML) compliance solution".

Chainalysis, which was founded in 2014 by Dr. Michael Gronager (the current Chief Executive Officer), Jan Moller (the current Chief Technology Officer), Jonathan Levin (the current Chief Operating Officer), is a company with two main products:

  • Chainalysis Reactor -- its investigation software suite
  • Chainalysis Kknow Your Transaction (KYT) -- its compliance software suite

Chainalysis KYT supports "real-time transaction screening"; "case management capabilities"; "enhanced due diligence"; and "KYT for token issuers".

In a press release published on its blog on Thursday (August 22), Chainalysis says that Chainalysis KYT's alerts are "designed to help cryptocurrency businesses and financial institutions mitigate exposure to regulatory and reputational risk by helping compliance teams focus on the most urgent activity and enforce compliance policies while better allocating resources."

John Dempsey, VP Product, Chainalysis, had this to say:

As lawmakers and regulators focus their attention on the industry, it is more critical than ever that cryptocurrency businesses demonstrate compliance best practices.

According to Chainalysis, this new feature results in alerts being generated "whenever a transfer involves a risky counterparty and crosses a value threshold." Alert levels (Severe, High, Medium, and Low) are "based on factors such as category, service, direct versus indirect exposure, direction of funds, and amount," and are available for all 15 cryptocurrencies that Chainalysis supports (including BTC, ETH, BCH, LTC, USDT, and DAI).

Michael Breu, Gemini's Chief Compliance Officer, also chose to comment on this announcement:

As a New York Trust company we are required to monitor transactions on and off our platform. Tools like KYT alerts, which provide real time and ongoing blockchain analysis, coupled with Gemini's own compliance policies, help us meet our regulatory obligations.

 

Featured Image Credit: Photo via Pixabay.com