TRM Sanctions Screener
Available for the following blockchains: Ethereum, Base, Polygon, BSC, Blast, Avalanche, Arbitrum
What is the TRM Sanctions Screener?
The TRM Sanctions Screener is an advanced security feature integrated into Divine's EVM chain analysis. It leverages the powerful API of TRM Labs, a leading blockchain intelligence provider, to screen wallet addresses for potential sanctions risks and other illicit activities.
How does it work?
Address Submission: When Divine encounters a new address interacting with a token on an EVM chain, it sends this address to the TRM Labs API for screening.
Risk Analysis: TRM Labs' API performs a comprehensive risk analysis on the address, checking against various sanctions lists and known illicit activity databases.
Response Processing: Divine receives the screening results from TRM Labs and interprets the risk assessment.
Action Taking: Based on the screening results, Divine may:
Flag the address as high-risk
Add the address to a blacklist
Trigger additional security checks
Continuous Monitoring: The system can re-screen addresses periodically to catch any changes in risk status.
Why is this important?
Regulatory Compliance: Helps ensure that Divine and its users are not interacting with sanctioned entities or addresses linked to illicit activities.
Fraud Prevention: Identifies addresses associated with known scams, hacks, or other fraudulent activities.
Risk Mitigation: Provides an additional layer of security by screening for various types of blockchain-related risks.
Global Coverage: TRM Labs' database covers a wide range of global sanctions lists and known bad actors.
Key Features
Real-time Screening: Addresses are screened in real-time as they interact with monitored tokens.
Comprehensive Risk Assessment: Checks against sanctions lists, known criminal activities, and other risk factors.
EVM Chain Compatibility: Works across multiple EVM-compatible blockchains.
Automated Response: Can automatically blacklist or flag high-risk addresses.
Configurable Risk Thresholds: Allows for adjustment of risk tolerance levels.
Benefits for Divine Users
Enhanced Security: Protects users from unknowingly interacting with high-risk or sanctioned addresses.
Regulatory Protection: Helps users stay compliant with global sanctions and AML regulations.
Fraud Avoidance: Reduces the risk of falling victim to scams or fraudulent schemes.
Confidence in Transactions: Users can trade with greater assurance knowing addresses are screened for risks.
Proactive Risk Management: Identifies potential threats before they can impact users or the platform.
Limitations
While the TRM Sanctions Screener is a powerful tool, it's important to note:
It relies on the accuracy and timeliness of TRM Labs' data.
The feature is currently available only for EVM-compatible chains.
Privacy Considerations
Address screening is performed using secure, encrypted connections.
Only public blockchain addresses are shared with TRM Labs, not personal user information.
Screening results are used solely for risk assessment purposes within Divine.
Last updated