Thank you for the report, but I didn't find answer on the question I have - you have working product now, you've got money transmitter license in Arizona and there is dispensaries in Arizona which aware of you. Are they accepting Dash now? If yes why it doesn't reflects on transaction volumes and if no - why not?
That's the rolling out, training, on-boarding part. In my estimation it will take a few months to see measurable changes in the transaction rates in Arizona and California. We are looking for on-the-ground reports for how this works in real life.
We give them money, they integrate with WebJoint. Boom, compliant.
Dash Watch no longer reports on Alt36. As per Ryan Taylor: "Alt36 has made clear repeatedly both directly and through DCG [Dash Core Group} that they don’t wish to report to the community through DW [Dash Watch] and continue reporting directly. DW didn’t exist at the time they were funded, & Alt36 committed to reporting directly to the Dash community. At some point, DW cannot instill its requirements on other entities. IMO DW should just link to their existing reports. DCG also opts out of DW reporting because our own process is extensive. This needs to be an acceptable option especially in cases like Alt36 that report regularly. Let MNOs decide if that is acceptable." Unless that MNO sentiment shifts we recognize that Dash Watch is an opt in service and will remain as such and will not seek to gather additional information regarding the activities of Alt36 outside of the updates they provide.
Definitely prefer the video update. Easier to clearly convey a large amount of information. Overall, I am very impressed with Alt36. Looking forward to the demo as well.
We are currently licensed as an MTL in AZ. California is slightly different, we were waiting to see if a bill was going to pass in July for CA that follows similar framework as the the BitLicense in NY. We were happy to learn this bill was not passed and is not being enacted. As of now we are working with regulators to determine if a MTL is required for our business model in CA, most likely we will not need an MTL for CA and can operate under our MSB registration.
