The post Forte Acquires Sealance Corp to Revolutionize Web3 Identity and Privacy appeared on BitcoinEthereumNews.com.

[PRESS RELEASE – San Francisco, CA, February 28th, 2025] Sealance’s Zero Knowledge Privacy-Preserving Technology and Industry-Leading Team to Bolster Forte’s Rules Engine Solutions for Web3 Developers Forte, the premier on-chain compliance solution for blockchain projects, has acquired Sealance Corp., the creators of the first zero-knowledge (ZK) policy engine to facilitate regulatory compliance on decentralized blockchains. Through this integration, Web3 developers can now leverage the ZK policy engine with Forte’s Rules Engine to conduct compliant KYC verification and manage on-chain identities across Real-World Assets (RWAs), stablecoins, DeFi, and institutional use cases – all while maintaining privacy through Sealance’s ZK technology. “We have created a framework where trust, compliance, and privacy coexist together,” said Matthew Green, co-founder of Sealance. “We are driving innovation in tokenized identity and programmable compliance to address one of the most significant challenges to crypto adoption: establishing confidence in decentralized technologies. Using advanced technologies like zero-knowledge proofs, we can uphold regulatory standards via robust on-chain mechanisms, while preserving user privacy. This is the future of digital identity, and the way to win the trust of both users and regulators.” Sealance’s chain-agnostic compliance systems technology uses ZK proofs to verify identities, enforce policy compliance and assure transaction integrity using a blockchain-native consensus mechanism. Built with privacy at its core, the technology can reason about transactions, identity and risk indicators without exposing any information except as specifically prescribed by policies, whose specifications are public and auditable. Once users are verified and obtain identity credentials using Sealance’s technology, they can use these certificates across different applications and platforms without the need to repeatedly reveal personal details. Forte’s robust suite of solutions will integrate Sealance’s ZK policy engine, enhancing its broader Web3 compliance offering. This addition will complement Forte’s existing Rules Engine, KYC infrastructure, and streamlined crypto and fiat payment ramps. “Sealance is…

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Filed under: News - @ February 28, 2025 7:23 am