The Cardano Foundation's Veridian Wallet has integrated with Chainlink ACE to enhance its compliance capabilities. This partnership enables the wallet to offer a decentralized identity system that adheres to KYC, AML, and jurisdictional regulations. By joining the Chainlink ACE ecosystem, Veridian Wallet users can issue digital credentials based on GLEIF's vLEI, which are converted into CCIDs and recognized by the blockchain.
This integration is set to bolster Cardano's appeal to enterprises seeking secure, regulation-compliant infrastructure. It positions Cardano as a leader in providing regulatory-ready digital identity solutions, bridging the gap between decentralized networks and institutional compliance requirements.
Cardano's Veridian Wallet Integrates Chainlink ACE for Compliance
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