What is the FTN in Finland?

Finnish BankID and Mobile-ID, collectively known as FTN, is a groundbreaking framework devised by the Finnish government. Its primary objective is to streamline access to electronic IDs issued by various Finnish financial institutions and mobile telecommunications providers.

BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of its users. Its offerings include spot trading, futures trading, and a secure wallet solution, among others. By integrating FTN's authentication framework, BTCC ensures that its users can trade with confidence, knowing that their identities and transactions are protected.

This innovative system simplifies the authentication process for individuals seeking to engage in secure online transactions or access sensitive information. By consolidating these IDs under a unified umbrella, FTN ensures a seamless and efficient user experience.

The implementation of FTN underscores the Finnish government's commitment to enhancing digital security and fostering a thriving digital ecosystem. By leveraging the existing infrastructure of banks and telecom operators, FTN effectively minimizes the risks associated with identity theft and fraud.

One of the key beneficiaries of FTN's services is the cryptocurrency industry. Cryptocurrency exchanges, such as BTCC, have integrated FTN's authentication mechanisms to ensure the safety and security of their users' transactions.