AllianceBlock, a blockchain-agnostic project building compliant and data-driven products, today announced a strategic partnership with Pangolin, a community-driven DEX powered by Avalanche.
Building on its existing collaboration with Ava Labs, the now fully decentralized Pangolin exchange will integrate AllianceBlock’s Trustless KYC and Identity Verification product into its platform.
Leveraging GBG’s identity data intelligence software, this product allows users to prove their identity in a trustless manner only once, and to subsequently prove their eligibility for sales and other activities without having to share personal information with multiple providers.
Pangolin + AllianceBlock
The AllianceBlock integration on Pangolin will help the DEX grow with any new regulatory developments.
Going forward, AllianceBlock will add an optional compliance layer to Pangolin’s services through its Cross Border Regulatory Compliance Layer. Cumulatively, AllianceBlock’s solutions will support Pangolin in inviting more retail and institutional investment onto its exchange in a scalable and compliant way.
Moreover, Pangolin will also become a node validator for AllianceBlock’s Bridge and will be integrated into the Liquidity Mining as a Service program. This will open up a new ecosystem of projects that can benefit from their white label fundraising solution.
“Our products will allow Pangolin to be ready to onboard institutional clients in line with regulatory requirements and to stay ahead of the game, while at the same time giving their users the freedom to choose.”
– Rachid Ajaja, CEO & Co-Founder of AllianceBlock
AllianceBlock’s compliance solutions will be implemented on separate subnets of Pangolin. Users will be able to choose which networks they interact with and if, depending on their location, they want to use the compliance service or not; allowing users to choose their level of anonymity depending on the jurisdiction.
“Being able to rely on a streamlined solution for compliance opens new opportunities for our decentralized exchange. At the same time, it preserves the freedom to choose compliance levels for our current users. We’re excited to be a part of AllianceBlock’s broader ecosystem. Both teams have seen the value in working together as we continue to expand.”
– Justin Trollip of Pangolin
AllianceBlock, a blockchain-agnostic challenge constructing compliant and data-driven merchandise, in the present day introduced a strategic partnership with Pangolin, a community-driven DEX powered by Avalanche.
Constructing on its current collaboration with Ava Labs, the now totally decentralized Pangolin trade will combine AllianceBlock’s Trustless KYC and Identification Verification product into its platform.
Leveraging GBG’s identification information intelligence software program, this product permits customers to show their identification in a trustless method solely as soon as, and to subsequently show their eligibility for gross sales and different actions with out having to share private data with a number of suppliers.
Pangolin + AllianceBlock
The AllianceBlock integration on Pangolin will assist the DEX develop with any new regulatory developments.
Going ahead, AllianceBlock will add an elective compliance layer to Pangolin’s providers via its Cross Border Regulatory Compliance Layer. Cumulatively, AllianceBlock’s options will help Pangolin in inviting extra retail and institutional funding onto its trade in a scalable and compliant approach.
Furthermore, Pangolin will even change into a node validator for AllianceBlock’s Bridge and will probably be built-in into the Liquidity Mining as a Service program. This can open up a brand new ecosystem of initiatives that may profit from their white label fundraising answer.
“Our merchandise will enable Pangolin to be able to onboard institutional purchasers consistent with regulatory necessities and to remain forward of the sport, whereas on the identical time giving their customers the liberty to decide on.”
– Rachid Ajaja, CEO & Co-Founding father of AllianceBlock
AllianceBlock’s compliance options will probably be carried out on separate subnets of Pangolin. Customers will be capable to select which networks they work together with and if, relying on their location, they need to use the compliance service or not; permitting customers to decide on their stage of anonymity relying on the jurisdiction.
“Having the ability to depend on a streamlined answer for compliance opens new alternatives for our decentralized trade. On the identical time, it preserves the liberty to decide on compliance ranges for our present customers. We’re excited to be part of AllianceBlock’s broader ecosystem. Each groups have seen the worth in working collectively as we proceed to broaden.”
– Justin Trollip of Pangolin
