Welcome back to the Shyft Dev Deep Dive, where we spotlight the latest and most impactful developments in the Shyft ecosystem.
In October, our commitment to enhancing User Signing for Private Wallets has been unwavering, building upon our foundations laid in September. For any queries or demo requests, we're just an email away at [email protected].
Our efforts have been on further fine-tuning User Signing, a key component in ensuring seamless Travel Rule transfers for private, unhosted wallets. This feature will position Shyft Veriscope as the go-to solution for Travel Rule compliance, regardless of whether the wallet is hosted or unhosted.
Our commitment to developing a comprehensive Travel Rule Solution continues, adapting to meet the industry's needs and challenges.
A major development in October was our strategic partnership with Unocoin, one of India's largest crypto exchanges.
Under this collaboration, Unocoin will be a "Trust Anchor" within the Shyft Network, using Veriscope to comply with the FATF Travel Rule. They will establish a trust anchor account, assign unique Shyft Network addresses to user accounts, and actively participate in the Shyft Network ecosystem.
This partnership marks a significant step towards enhancing security and trust in the cryptocurrency space, both in India and globally.
Our Product & Engineering team remains dedicated to enhancing user experiences in the blockchain space.
We look forward to sharing more in our next edition, including the ongoing progress and exciting collaborations shaping the future of Shyft Veriscope.
Shyft Network powers trust on the blockchain and economies of trust. It is a public protocol designed to drive data discoverability and compliance into blockchain while preserving privacy and sovereignty. SHFT is its native token and fuel of the network.
Shyft Network facilitates the transfer of verifiable data between centralized and decentralized ecosystems. It sets the highest crypto compliance standard and provides the only frictionless Crypto Travel Rule compliance solution while ensuring user data is protected.