On 2nd day of this year, Pascal made a pre-announcement about upcoming utility token he calls AML.

This is now a first token based upon Bitcoin Subsidium, which is what was the purpose of Bitcoin Subsidium in the first place.

AML token’s purpose is to work as a KYC solution so you wouldn’t need to do that every time you go to some new place requiring it.

But it doesn’t stop just there, but it will also have its own ecosystem making some interesting opportunities like normally companies pay other companies to get some personal data about you and others, and efficiency of this method varies. With AML ecosystem in place, it could become possible that you would yourself sell your personal data to each of these companies making you get the money instead of another company.

This would be win-win situation for you and the company, since company would get more reliable data about you, and probably cheaper too since the third party would be missing from between, and you would get the money from your data instead of someone else.

This could also open up some interesting opportunities like you getting more interesting advertisements to yourself instead of looking through all the general non-interesting advertisements nowadays shot at you.

Included in this ecosystem will be a new browser currently called “Hive”.

What all this Hive includes is not told as yet, but one feature which sounded like a good idea that was mentioned, for with Hive you can leave comments to websites even when the website itself doesn’t support it.

I can easily see how this could be useful for example when bumping to some webpage that seems to be marketing some interesting new product, but you don’t really know if they are a hoax or not and then you read the comments that tell you it is a hoax.

Or say there is yet another Scam Exchange opened, well, instead of having to check from bitcointalk if there is a topic about them being a scam, someone can already leave on that website a warning about it being a scam with a link to that bitcointalk thread. If Hive browser succeeds, it will be a much harder time for all the scammers in the future, so Hooray for Hive!

AML crowd sale will start on the 14th of February and end on the 21st of February, so one week time to buy, and payments will be accepted only in TELOS or XBTX.

Make sure to keep eye on TELOSNEWS.COM near that date since we will surely tell you more about the crowd sale when we know more.