Blockchain based payments provider, GreenBox has selected Armanino LLC as the attestation provider for its platform native stablecoin.
NASDAQ listed distributed ledger based payments provider, GreenBox POS on Friday, the 11th of May, made it known that it had selected, Stablecoin auditing specialists, Armanino LLC, as their official attestation provider for its greenbacks pegged stablecoin. This will not be the attestation provider’s first time at the rodeo.
GreenBox recently launched a stablecoin based payment offering. By deploying a stable asset into their existing ecosystem the company aims to provide benefits to its global customers, enabling more streamlined cross-border payments, with greater transparency. To ensure user and regulatory confidence in their product set, GreenBox have enlisted the services of Armanino to provide periodic reports on ecosystem goings-on.
Having worked closely with the digital assets industry since 2014, Armanino must have seemed up to the task. The firm’s blockchain based TrustExplorer real-time attestation software will provide constant, on-demand reporting on GreenBox’s global network of users. As it does for over $6 billion worth of digital currencies.
“Armanino is a natural fit as the attestation provider for our token ecosystem given their existing familiarity and integration with GreenBox technology from the SOC 2 compliance audit which will help expedite the onboarding process,” stated Chairman of GreenBox POS, Ben Errez. “Their expertise in attestation of digital asset ecosystems will ensure transparency and trust for our token custodial infrastructure. We are thrilled to be working with Armanino as we look to deploy our token technology prior to the end of the second quarter.”
