Altme introduces a game-changing on-chain compliance resolution for Tezos decentralized purposes (dApps), leveraging self-sovereign identification and privacy-preserving know-how. Learn the way Altme’s groundbreaking resolution ensures compliance with out compromising decentralization and consumer privateness within the web3 ecosystem.
Altme, a number one supplier of decentralized identification options, has made a groundbreaking announcement with the launch of its newest product: the primary decentralized on-chain compliance resolution for Tezos decentralized purposes (dApps). This modern resolution introduces a brand new period of seamless and privacy-preserving compliance for the web3 ecosystem, significantly inside the realm of Decentralized Finance (DeFi).
Altme’s on-chain compliance solution combines self-sovereign identification (decentralized identification) verifiable credentials with non-transferable on-chain compliance NFTs, providing a novel method that upholds the core rules of decentralization and consumer privateness.
By leveraging self-sovereign identification, Altme permits Tezos dApps to seamlessly confirm consumer compliance with out compromising delicate private information.
The important thing options of Altme’s resolution embrace a self-sovereign identification pockets, off-chain verifiable credentials, compliance NFTs on the Tezos blockchain, and seamless compliance monitoring.
Altme offers customers with a non-custodial pockets, guaranteeing full possession and management over their private information and belongings.
By a built-in app KYC course of, customers obtain off-chain verifiable credentials resembling proof of identification, proof of age, and proof of DeFi compliance. These credentials stay inside the Altme pockets, preserving consumer privateness whereas enabling compliant interactions with Tezos dApps. After verification, Altme permits customers to mint compliant non-fungible tokens (NFTs) immediately on the Tezos blockchain, representing a novel binary compliance standing related to every consumer’s blockchain handle. These NFTs are non-transferable and exclude private info, guaranteeing regulatory compliance whereas preserving consumer privateness.
Tezos dApps can effortlessly monitor consumer verification standing by checking for compliance NFTs inside consumer wallets, enabling compliance with rules associated to DeFi, anti-money laundering (AML), age restrictions, and extra with out accessing any private information.
Altme’s decentralized identification resolution affords unparalleled advantages to the decentralized web3 ecosystem. Verifiable credentials saved inside the Altme pockets stay off-chain and will be utilized to mint non-transferable compliance NFTs on any blockchain, offering multi-chain functionality and seamless compliance throughout a number of protocols.
Altme prioritizes consumer privateness by protecting private information securely off-chain and inaccessible to dApps, guaranteeing full management over information and safety in opposition to information breaches and privateness issues.
The answer adheres to the World Huge Internet Consortium (W3C) decentralized identification normal, guaranteeing safe digital identification, interoperability, and compatibility throughout platforms. Altme’s dedication to open requirements, transparency, and safety establishes it as a dependable and reliable compliance resolution.
Hugo MIR, CMO of Altme, stated: “We’re thrilled to introduce the primary on-chain compliance resolution constructed on decentralized identification. Our aim is to supply a seamless and privacy-centric compliance expertise for web3 customers and protocols. With Altme, decentralized purposes can guarantee compliance with out compromising the rules of decentralization, possession, and privateness.”
Altme’s on-chain compliance resolution marks a major milestone for Tezos dApps and the broader web3 neighborhood. By integrating self-sovereign identification, off-chain verifiable credentials, and compliance NFTs on the Tezos blockchain, Altme empowers customers to navigate the regulatory panorama whereas preserving their privateness and information safety.
Altme invitations Tezos web3 dApps, platforms, and protocols to discover this groundbreaking on-chain compliance resolution and expertise its advantages.
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