Bitcoin and Blockchain Focused HashingSpace Retains Services of IdentityMind Global™, an Anti-Money Laundering and Regulatory Compliance Platform

WENATCHEE, Wash., Aug. 28, 2015 /PRNewswire/ -- HashingSpace Corporation (OTCQB: HSHS), a bitcoin ASIC mining and hosting company, announced today their decision to use the IdentityMind platform to monitor and report suspicious activities, as an integral part of the firm's commitment to compliance with all regulatory requirements worldwide.

IdentityMind Global™ is recognized as the leading provider of anti-money laundering and compliance services for Bitcoin and virtual currency companies across 4 continents, and offers the most advanced compliance platform for virtual currencies. The company provides a full suite of risk monitoring and Anti-Money Laundering technologies, enabling businesses to comply with US (FinCEN) and worldwide regulations.

"IdentityMind Global™ provides HashingSpace with the complete suite of risk monitoring and anti-money laundering technology we need to comply with regulation anywhere in the world," stated Timothy Roberts, CEO of HashingSpace. "Money laundering is an issue we take seriously, and compliance issues are a complicated obstacle that companies in our space have to stay current with. IdentityMind's complete risk and AML solution will give us the capabilities we need to identify and prevent these issues."

"We have to make sure our company, customers and shareholders are protected," continued Timothy Roberts. "IdentityMind Global's™ proprietary technology matches all the parameters captured from a transaction to find suspicious signs of identity theft and fraud."

"Our compliance platform is used by more than 40 virtual currency businesses, from exchanges, to wallet services, ATMs, remittances, trading platforms, debit cards, and more," said Jose Caldera, IdentityMind VP of Marketing & Product. "These companies are genuinely trying to do things right, to protect their customers, and prevent their businesses from facilitating criminal activity. We're proud to provide the KYC, fraud prevention, and monitoring technologies these businesses use to identify and prevent suspicious activity, as part of their AML program to comply with U.S. and international regulations."

HashingSpace Corporation's business will provide a wide range of services to include:

All company information, including stock trading, filings, and market data related to the company, is reported under the ticker symbol, HSHS.

About HashingSpace Corporation

HashingSpace Corporation is a Bitcoin ASIC mining company, hosting provider, and service provider of blockchain transactional services. HashingSpace's high density data centers are designed to meet the demanding power and cooling needs of client hosted Bitcoin mining gear with unparalleled pricing, cooling and green energy. The Corporation is continuing to expand its data centers to satisfy the shortage of low cost hosting facilities catering to the Bitcoin and blockchain mining and transactional verification services industry specifically.

HashingSpace Corporation manages HashWallet, a Bitcoin wallet; HashPool, a Bitcoin mining pool; and HashATM, the owner and operator of Bitcoin ATM machines. The company is a wholesaler of Bitcoin mining servers and Bitcoin ATM machines. Bitcoin businesses interested in reselling HashingSpace products and services are invited to reach out to HashingSpace Corporation for more information.

HashingSpace Corporation is headquartered in Wenatchee, Washington. For more information, visit www.hashingspace.com.

Any unreleased services or features referenced in this or other press releases or public statements may not be currently available and may not be delivered on time or at all. Customers who purchase HashingSpace services should make their purchase decisions based upon features currently available. For more information please visit http://www.hashingspace.com or call 1-855-HASHING (427-4464).

About IdentityMind Global™

IdentityMind Global™ is a financial technology company offering an on-demand platform servicing payments, risk management, fraud prevention and anti-money laundering services for Acquiring Banks, Payment Processors and Gateways, Payment Service Providers (PSP/ISO/MSP,IPSP), Digital Currency Exchanges, Financial Institutions (Banks, Money Service Businesses (MSBs), Money Transmitters, Online Lenders) and eCommerce Merchants. 

These services are offered in real-time based on patent-pending Electronic DNA (eDNA™) technology which tracks the different entities (consumers, merchants, cardholders, payment wallets, alternative payment methods, etc.) involved in a transaction. It builds reputations associated with these entities, which can then be used when evaluating fraud, merchant account applications, consumer account origination, identity verification services, potential money laundering, and more. This reputation is shared during the analysis so everyone can benefit from the "network effect" while protecting the privacy of the entities involved. 

For more information, visit www.identitymindglobal.com, or contact [email protected].

© 2015 IDM Global, Inc. All rights reserved. IdentityMind, IdentityMind Platform, IdentityMind eDNA, and the IdentityMind Global logo are trademarks or registered trademarks of IDM Global, Inc in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE HashingSpace Corporation

Related Links

http://www.hashingspace.com