Summary

  • Forte, a blockchain gaming platform, has acquired Sealance for an undisclosed sum, in a deal that pairs “confidence, compliance and privacy” in crypto transactions.
  • Sealance’s identity and privacy technology uses zero-knowledge (ZK) proofs to verify identities and enforce policy compliance using blockchain-native consensus mechanisms, whilst ensuring user privacy.
  • Through the acquisition, Forte is now able to offer a streamlined solution for developers creating on-chain environments to manage digital asset economies, with the ability to define and enforce rules and manage compliance obligations and transaction guardrails for communities, whilst preserving user privacy.
  • CEO of Forte, Bela Pandya, said the acquisition would help the company build safer and more sustainable Web3 ecosystems.

By Dean Takahashi

Original Article