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Forte Acquires Sealance Corp to Revolutionize Web3 Identity and Privacy Forte Acquires Sealance Corp to Revolutionize Web3 Identity and Privacy

Forte Acquires Sealance Corp to Revolutionize Web3 Identity and Privacy

[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 composed of some of the world’s most talented and distinguished researchers in cryptography and information security, and we are thrilled to have them join our mission to build safer and more sustainable Web3 ecosystems,” said Bela Pandya, CEO of Forte. “Sealance’s technology represents a significant advancement in achieving a higher standard of privacy and compliance for users navigating decentralized transactions.

The Forte Rules Engine is a solution for developers to build safe, on-chain environments and manage digital asset economies. Developers can define and enforce rules, establish transaction guardrails, manage compliance obligations, and mitigate the risks of volatility and bad actors — all while supporting long-term digital asset utility and economic health. Fully compatible with all EVM chains and Web3 wallets, the Rules Engine provides developers the on-chain technology they need to build a safe, sustainable economy that their communities trust.

The Forte Rules Engine is now available for developers, who can learn more about the ZK integration by visiting: forte.io/developers/zk

About Forte

Forte provides on-chain solutions that foster safe environments and support healthy and stable digital asset economies. Our trust and privacy-preservation solutions empower developers to manage compliance risk, promote economic stability, and leverage instant liquidity. Developers can deploy flexible and adaptable blockchain solutions that evolve with their dynamic needs — fully compatible with all EVM chains and web3 wallets. Forte and its ecosystem partners are currently working with acclaimed developers to redefine the future of blockchain innovation.

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https://cryptopotato.com/forte-acquires-sealance-corp-to-revolutionize-web3-identity-and-privacy/

2025-02-28 06:42:13

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