Company Information

Get to know CloudCoin Consortium

The CloudCoin Consortium was established in 2016 to manage and oversee the development of CloudCoin, a digital currency created by Sean H. Worthington. The company's mission is to provide a "perfect" monetary system that is theoretically secure, private, scalable, and requires no public ledgers, accounts, or encryption. Unlike traditional cryptocurrencies that rely on blockchain technology, CloudCoin is based on the patented RAIDA technology, a distributed authentication system designed for speed and data integrity without the overhead of mining or a decentralized ledger. The Consortium is responsible for setting standards, developing software, and promoting the adoption of CloudCoin globally.

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Crypto CryptocurrencyPRIMARY
Financial Other Service

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CloudCoin Consortium

United States

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/40

Reviews

--/60

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.