Kenny
@clashy
๐๐ญ๐ซ๐ฎ๐ ๐ ๐ฅ๐ข๐ง๐ ๐ญ๐จ ๐๐๐ฅ๐๐ง๐๐ ๐ฎ๐ฌ๐๐ซ ๐ฉ๐ซ๐ข๐ฏ๐๐๐ฒ ๐๐ง๐ ๐ซ๐๐ ๐ฎ๐ฅ๐๐ญ๐จ๐ซ๐ฒ ๐๐จ๐ฆ๐ฉ๐ฅ๐ข๐๐ง๐๐ ๐ข๐ง ๐ฒ๐จ๐ฎ๐ซ ๐๐๐๐ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ? โ๏ธ Want to build a product thatโs both innovative and compliant? Look no further than @swisstronik- ๐งต๐ชก๐งต
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Kenny
@clashy
Swisstronik, a hybrid blockchain, simplifies the process of building compliant Web3 and traditional products by offering on-chain KYC, AML, and DPR solutions. This allows apps to maintain a balance between user privacy, regulatory compliance, and decentralization.
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Kenny
@clashy
Swisstronik, a layer-1 blockchain built on Cosmos SDK, is compatible with both EVM and non-EVM chains. It uses bridges for non-Cosmos chains and IBC for Cosmos chains to ensure compatibility with popular blockchains.
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Kenny
@clashy
๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐ โบSwisstronik Compliance Suite: The swisstronik Compliance Suite is a unique network that brings together international regulators, KYC issuers, and legal service providers. This network operates in a self-regulating manner, similar to a DAO. By continuously adapting the Swisstronik system to local regulations and providing expert consultation to builders, the Compliance Suite ensures that apps built on the platform remain inherently compliant even as regulations evolve. This eliminates the need for extensive legal expertise or manual compliance checks, making it easier for developers to build compliant #Web3 and traditional products. โบCombination of software and hardware privacy tech: zk-SNARKs and Intel SGX Swisstronik employs a combination of zk-SNARKs and Intel SGX to ensure ultra-private and secure on-chain KYC, AML, and other user verifications.
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Kenny
@clashy
โซ๏ธzk-SNARKs: These cryptographic techniques allow for the verification of computations without revealing the underlying data. This ensures that user data remains private even during verification processes. โซ๏ธIntel SGX: This hardware-based trusted execution environment provides a secure enclave within a processor, protecting sensitive data from unauthorized access By leveraging these technologies, Swisstronik enables Web3 companies to achieve KYC, AML, and DPR compliance while maintaining strong privacy guarantees for users.
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Kenny
@clashy
๐น What problems are targeted by Swisstronik? โบComplex and Ever-Changing Regulations: Web3 product builders face challenges in keeping up with the constantly evolving & fragmented regulatory landscape in the crypto industry. This can lead to compliance issues & increased costs. โบTrade-off Between Privacy, Decentralization, and Compliance: Many Web3 projects are forced to choose between prioritizing user privacy and decentralization on one hand, and complying with regulations on the other. This can be a difficult balancing act. โบUser Privacy Concerns: App users often face a dilemma: either rely on centralized parties for identity verification, risking their personal data, or remain in the unregulated and risky gray area of the crypto industry. Swisstronik aims to address these issues by providing a set of decentralized and chain-agnostic tools that enable Web3 product builders to easily comply with regulations while maintaining user privacy and decentralization.
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Kenny
@clashy
๐นSwisstronik's Use Case: โบEmpowering Web3 Startups: Swisstronik helps Web3 startups achieve sustainable growth and attract a wider user base. โบRegulatory Compliance: By making products and operations compliant, it enables startups to navigate the complex regulatory landscape. โบFlexible Integration: Startups can either build dApps on the Swisstronik blockchain or integrate its modules into their existing dApps. โบChain-Agnostic Solutions: Swisstronik's services are designed to be compatible with various blockchains, offering flexibility for startups.
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Kenny
@clashy
๐นTL:dr @swisstronik- provides a comprehensive solution for Web3 startups, offering regulatory compliance, user privacy, and a secure infrastructure. With our cutting-edge technology and expert support, you can focus on building innovative dApps without worrying about the complexities of compliance. ๐น Learn more about @swisstronik- Website: swisstronik.com ๐นJoin Swisstronik community and stay in touch Twitter: x.com/swisstronik GitHub: github.com/SigmaGmbH Discord: link.swisstronik.com/a46c36 Telegram: t.me/swisstronik
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