Advantagesthe compliance company for the blockchain project has acquired Sealance Corp., the creator of Web3 identity and privacy technology.
Seal created the first zero-knowledge (ZK) strategy engine to promote regulatory compliance with decentralized blockchains. With this integration, Web3 developers can now use the FORTE rule engine to leverage the ZK policy engine for compliant Knowledge Customer (KYC) verification (KYC) verification and manage cross-realistic assets (RWAS), Stablecoins, defi and institutional use cases (always maintaining privacy through Saleance ZK Technologe Vion Privace privacy Sealance ZK Technology).
“We created a framework in which trust, compliance and privacy co-exist together,” said Matthew Green, co-founder of Sealance, in a statement. “We are driving innovations in tokenized identity and programmable compliance to address one of the most important challenges of adopting cryptocurrencies: building confidence in decentralized technologies.”
Green added: “Using advanced technologies such as zero-knowledge proof, we can maintain regulatory standards through a strong chain mechanism while preserving user privacy. This is the future of digital identity and a way to win the trust of users and regulators.”
Green said in an interview with GamesBeat that the compliance system technology of Sealance’s chain is indispensable to use ZK proof to verify identity, implement policy compliance and use blockchain local consensus mechanisms to ensure transaction integrity. The technology is built on privacy at its core and can understand transactions, identity and risk indicators without exposing any information unless the policy is public and auditable.
Once users are verified and obtain their ID certificates using sealing technology, they can use these certificates on different applications and platforms without repeatedly revealing personal details. Forte’s powerful suite of solutions will integrate Sealance’s ZK strategy engine to enhance its broader Web3 compliance. This addition will complement Forte’s existing rules engine, KYC infrastructure, and simplified cryptocurrency and fiat payment ramps.
“The sealing measures are composed of some of the world’s most talented and outstanding cryptography and information security researchers, and we are pleased that they join our mission to build a safer and more sustainable Web3 ecosystem,” said Forte CEO Bela Pandya. “The technology of sealing technology represents a tremendous advancement in achieving higher privacy and compliance standards to enable users with decentralized transactions.”
Pandya was formerly the CFO of Forte, but took over December after co-founder Josh Williams left “part of the ecosystem”. A spokesperson for the company said: “Given the strategic decisions of Forte to expand the strategic decisions of the game beyond the game and rely on our strengths in regulatory compliance, Josh played an ecosystem role in Q4 2024, while Bela took the helm of her deep expertise in fintech and traditional financial services at Forte Labs.”
company Raised $725 million In 2021, this surprising deal reflects the excitement around blockchain at that time, but Report surfaced It acts in a secret way. Being summoned recently Phoenix Labs layoffsit was purchased secretly a few years ago. Forte also quietly bought Rumble games.
Forte said the Forte rule engine is a solution for developers to build secure, chain environments and manage digital asset economies. Developers can define and enforce rules, establish transaction guardrails, manage compliance obligations, and mitigate risks to volatility and bad actors while supporting long-term digital asset utility and economic health. The Rule Engine is fully compatible with all EVM chains and Web3 wallets, providing developers with the link technology they need to build a secure, sustainable economy that their community trusts.
Now developers can use the FORTE rule engine, and they can learn more about ZK integration by accessing: forte.io/developers/zk.
Green said his company began in the 2020 pandemic to build a technology that could bring more privacy and trust to blockchain transactions. Hackers have spent a wilderness in the cryptocurrency world, so security and compliance have become even more important.
“We just got to the point where we signed [stablecoin customers] Then we joined Forte,” Green said.
Green points out that when you trade on a regular cryptocurrency network like Ethereum, you don’t know who you’re talking to, and you don’t know if the person who sent you money is actually doing it.
“We created these basic pools, which we call compliance pools,” he said.
There are some pre-screened people who have checked for anti-money laundering compliance. With the help of knowledge customer rules, a person must provide identification, fingerprint or other verification data. Once cleared, they don’t have to do it again. Instead, send this information to a blockchain that everyone can view, and the sealer will encrypt private information.
Green said this is evidence that is considered “zero knowledge” in which someone is essentially pre-censored and does not have to reveal identity information again. Most blockchain transactions start using such ZK proofs.
When one person makes another transaction, it records what they have done before. The sealer can check for any suspicious signs, but can conclude that the person is still in the compliance pool without having to provide proof of identity again.
Green said it was like being in the security part of the airport. You introduce the ID in the security filter, but once you get inside, you are trusted. You don’t have to show ID or fingerprints often. If there are some red flags, the transaction will be more scrutinized. Otherwise, you can move and trade in the pool, which is safe.
Sealing can combine its secure process with Forte’s rules engine, which can be used with Ethereum. As blockchain transactions become more abundant, all information can be used for clearing transactions and people’s clearing.
“The rules engine works on Ethereum, we’ve been focusing on the privacy aspect, the zero-knowledge aspect, and putting those two things together and integrating them, that’s where we’ve been centering,” Green said. “We’re building this kind of merged system that spans multiple blockchains, empowers privacy and can enforce fairly complex policies.”
Green said his team managed to do it with about six or seven people. It previously raised a round of funds, but did not disclose the amount raised. The price of seals was not disclosed.
Green said the timing was good.
“My belief is that this is one of the biggest missing components of mainstream adoption,” he said. “Unless we have compliance, we can’t adopt cryptocurrencies. There’s too much room for stealing and bad things can happen.”
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