Elliptic is pleased to announce their platform integration into the Predicate ecosystem, marking a significant step toward frictionless compliance and risk intelligence in decentralized systems.
As the global enabler of digital asset decisioning, Elliptic explains that it provides blockchain analytics solutions that “enable organizations to efficiently and effectively screen wallets and transactions for risk across the entire crypto ecosystem in real-time, at scale.”
The Predicate Network enables developers to “integrate pre-transaction rules in a transparent, verifiable, and open manner.”
Developers integrating Predicate are now able to restrict transactions originating from high-risk or sanctioned wallet addresses “using Elliptic’s Holistic technology, which programmatically traces risk across and between different blockchains and assets with a single screen, through as many hops as it takes to identify the ultimate source or destination of funds.”
With extensive blockchain coverage, Elliptic’s Holistic network offers the market’s “chain-agnostic view of illicit cross-chain and cross-asset value transfers, meaning developers will benefit from efficient, programmatic screening systems and fully comprehensive risk detection.”
Utilized and said to be “battle-tested” by the world’s financial institutions, centralized exchanges, law enforcement agencies, and regulators, Elliptic’s screening and investigation solutions are said to be “crucial for detecting and preventing financial crime around the globe.”
By partnering with Predicate, Elliptic is now “extending these capabilities into the world of decentralized pre-transaction policies.”
The integration empowers builders to “create customized rules for risk management that operate at the smart contract level—ensuring seamless and verifiable adherence to risk frameworks without disrupting user experience.”
This partnership also opens various new possibilities for blockchain and web3 developers.
By integrating Elliptic’s analytics, Predicate developers are reportedly able to access previously “untapped liquidity while maintaining risk management requirements.”
As decentralized finance (DeFi) and web3 scales, solutions like this “will be essential to fostering clean, efficient, and secure transactions,” according to Elliptic.