Chainlink and Chainalysis Partner for Onchain Compliance
- Chainlink has partnered with Chainalysis to enhance blockchain compliance capabilities.
- The collaboration integrates Chainalysis’s KYT risk intelligence tool with Chainlink’s Automated Compliance Engine (ACE).
- This integration facilitates automated compliance monitoring across multiple blockchains.
- The system allows institutions to enforce real-time compliance policies while maintaining cross-chain operability.
- Fidelity International is among the institutions adopting Chainlink ACE for identity verification and transaction eligibility in hybrid blockchain environments.
Chainlink’s partnership with Chainalysis aims to streamline onchain compliance by integrating their technologies, enabling real-time policy enforcement across blockchains. Institutions like Fidelity International are already implementing this solution for enhanced identity verification and transaction management.
Source (3.2)https://cryptobriefing.com/chainlink-chainalysis-crosschain-compliance/?rand=59535