Flare, the innovative blockchain platform renowned for its data capabilities, has unveiled a strategic partnership with Elliptic, the global leader in cryptoasset risk management. This collaboration aims to bring advanced transaction and wallet screening tools into the Flare Network, bolstering the security and regulatory compliance of decentralized applications (dApps) built on Flare. This move highlights the growing importance of risk management in the ever-expanding crypto ecosystem.
Hugo Philion, CEO and Co-founder of Flare, expressed his enthusiasm for the partnership, stating, “By providing developers with data as a public good, we are opening the door to many new potential blockchain use cases and monetization models. Partnering with Elliptic helps us to deliver a highly secure environment for dApp builders, bringing further confidence and credibility to the Flare blockchain while protecting network participants.”
Enhancing Security and Fostering Safe Engagement
Under this partnership, organizations developing dApps on the Flare network will gain access to Elliptic’s real-time wallet and transaction screening solutions. These tools are designed to identify…
