In addition to the existing blockchain networks, such as Bitcoin, Ethereum, and TRON, BitOK introduces AML checks for the following blockchains:
- BNB Chain (BSC): BNB Chain, previously known as BNB Smart Chain is the blockchain network of the most popular cryptocurrency exchange, Binance. It is also known for its speed and low transaction costs.
- Polygon: Polygon is a well-known Layer 2 scaling solution for Ethereum. By providing a framework for creating interconnected blockchains (sidechains) that can execute smart contracts, Polygon significantly enhances the throughput and efficiency of the Ethereum network.
- Dogecoin: Dogecoin, the blockchain network of the meme-inspired cryptocurrency known for its Shiba Inu mascot.
- Avalanche: Avalanche is a Layer 1 blockchain that empowers developers to build unique, highly scalable blockchains and decentralized applications (dApps).
- Arbitrum: As a second-layer scaling solution for Ethereum. By processing transactions off the Ethereum mainnet, Arbitrum enhances the network's capacity, enabling quicker and more cost-effective smart contract execution.
- NEAR: NEAR Protocol, known for its developer-friendly environment, is another addition. The platform simplifies the development of decentralized applications (dApps) by offering user-friendly tools and scalable infrastructure.
- TON: TON, short for The Open Network, is an ambitious decentralized project that set a world record by processing 104,715 transactions per second.