CHAINLINK INTRODUCES AUTOMATED COMPLIANCE ENGINE (ACE), DESIGNED TO SUPPORT BOTH TRADITIONAL AND DECENTRALIZED FINANCE - @Chainlink has officially launched its Automated Compliance Engine (ACE), a breakthrough solution aimed at solving onchain compliance challenges and opening the doors for over $100 trillion in institutional capital to flow into the blockchain economy. - The launch of ACE marks a significant leap in merging traditional compliance systems with decentralized infrastructure, enabling the creation and enforcement of compliance-focused digital assets across public and private blockchains. Key Details: - ACE introduces a privacy-preserving, modular framework that connects existing identity systems with onchain infrastructure. - This allows for automated KYC/AML enforcement, real-time compliance monitoring, and cross-jurisdictional policy management, all without compromising personal data. - The solution is being rolled out in collaboration with major institutions like Apex Group, GLEIF, and the ERC-3643 Association, signaling growing institutional appetite for compliant digital asset infrastructure. - Institutions leveraging ACE can deploy digital assets on public blockchains while seamlessly meeting regulatory requirements, thanks to services like the Cross-Chain Identity (CCID) framework and the Cross-Chain Token (CCT) compliance extension. - "Chainlink ACE is the compliance and identity standard the tokenized asset economy has been waiting for," said Sergey Nazarov, Chainlink Co-Founder. "It’s a final critical building block for over $100 trillion in institutional capital to move onchain." - GLEIF CEO Alexandre Kech noted that the integration of vLEI into Chainlink ACE is a "powerful example" of how verifiable identities can strengthen interoperability, trust, and auditability in compliance frameworks. - Zion Hilelly, Chief Product Officer at Apex Group, emphasized that the collaboration will set the “standard for compliance on DLT,” bridging existing regulatory frameworks with scalable blockchain execution. - The ERC-3643 Association also praised the integration, calling it a clear step forward in enabling jurisdiction-specific compliance enforcement for permissioned tokens. - As traditional compliance processes remain fragmented and costly, Chainlink ACE’s comprehensive design offers a scalable, reusable solution that could redefine how regulated markets operate onchain. Image obtained from X
🚨JUST IN: @CHAINLINK INTRODUCES AUTOMATED COMPLIANCE ENGINE (ACE), DESIGNED TO SUPPORT BOTH TRADITIONAL AND DECENTRALIZED FINANCE
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