Data Framework

1. Data Management, Storage, and Protection

The group is partnered with the renowned Amazon Web Services (AWS) for platform hosting that enables scaling up readiness with minimal teething issues over Koinbay's frequent application launches and upgrades, and transaction handling capacity from server when it’s imperative that transaction capability and success rate are on par with global users’ signup and usage demand spikes.

Additionally, KOINBAY has its production data centers hosted in the US-based Dallas Data Center. The physically secured centers located within a business hub are powered by an uninterrupted, generator-backed power supply located in a region at low risk for natural disasters. The location boasts high bandwidth and superior network speed; robust HVAC over-cooling and anti-humidity controls; elevated fire and smoke suppression; and frequent maintenance to ensure peak transaction handling capacity.

Much as the above cover facility management in terms of performance and capacity, the same attention is paid to access security, with surveillance tech monitoring on-site access and IAM protocols embedded under BAU employee practices securing against unpermitted, trespassed, and backdoor off-site access. Further, fortnight reviews of internal data practices and awareness sessions on stealing access and phishing attempts are undertaken company-wide, followed by procedures and trainings.

2. Licensing

KOINBAY has a unique and distinctive approach toward its expansion of services and business activities. We seek to conduct diligent market and legal research in numerous jurisdictions in order to understand the jurisdictional appetite, scope of legislation, and extent of regulations for Digital Asset businesses. We consistently strive to obtain the adequate financial and digital asset licenses needed for different licensing activities in the interest of grounding our operations in a regulated and compliant framework.