Elliptic, the global enabler of crypto-asset compliance and risk management, is pleased to announce a collaboration with the DFINITY Foundation, a key player focused on decentralized technology.
This partnership aims to establish various new benchmarks for security and compliance across the Internet Computer Protocol (ICP) ecosystem.
Elliptic’s solutions are said to have set the standard for ensuring compliance worldwide, reportedly “delivering real-time insights and robust risk management across multiple blockchains.”
This latest partnership reportedly allows institutions as well as enterprises to leverage the harness of Internet Computer’s smart contract capabilities with Elliptic’s tools to build innovative products and services that aim to “adhere to the highest compliance and security protocols.”
With the Internet Computer offering “:scalability” as well as performance for decentralized applications (dApps), DFINITY said that it is committed to “ensuring its future as the ideal platform for all kinds of businesses and applications, including those that must adhere to strict regulatory requirements.”
This collab with Elliptic solidifies that commitment, “ensuring the Internet Computer ecosystem remains resilient and trustworthy.”
Pierre Samaties, Chief Business Officer of the DFINITY Foundation said:
“Elliptic’s widely adopted compliance and analytics solutions are crucial for governments and banks seeking robust risk management in digital asset markets. The integration of ICP into Elliptic’s proven framework now enables institutions to confidently manage and trade ICP in full compliance with global regulations, accelerating broader institutional participation.”
Lukasz Kujawa, VP of Engineering of Elliptic, remarked:
“Teaming up with the DFINITY Foundation aligns with our core mission to enhance the security and compliance across the decentralized space. Together, we are defining industry standards for crypto compliance.”
As blockchain tech continues to grow and evolve, Elliptic, DFINITY Foundation, and the Internet Computer community claim that they are positioned at the forefront of this transformation, “addressing emerging challenges with innovative solutions that build a secure and transparent digital economy.”