Violet
Violet provides blockchain-native compliance infrastructure for anti-money laundering, geo-blocking, and sybil resistance, offering privacy-preserving, reusable on-chain compliance solutions.
Services
Violet provides a variety of blockchain-native compliance services that cater to anti-money laundering, geo-blocking, and sybil resistance needs. The company's offerings are aimed at ensuring compliance within decentralized finance (DeFi) systems while maintaining user privacy. Solutions include advanced tools for Know Your Customer/Business (KYC/B) verification, sanction screening, transaction monitoring, and more. Each service is designed to be easily integratable into existing systems with minimal effort.
Products
Violet offers four main compliance products: VioletID, Full AML, GeoFencing, and Sybil. VioletID is a proof of unique personhood tied to a real human identity and ensures advanced compliance guarantees in DeFi. Full AML covers comprehensive services such as KYC/B, sanction screening, transaction monitoring, geofencing, and accredited investor checks. GeoFencing restricts access to specific smart contracts or functions based on geographic regions. Sybil guards against identity duplication and fraudulent activities. All data handled by these products is stored in encrypted environments, enhancing privacy and security.
Sector
Violet operates within the blockchain technology and compliance sector, focusing on providing essential services for anti-money laundering, geo-blocking, and sybil resistance. This sector caters to the needs of decentralized finance (DeFi) platforms, ensuring that they meet regulatory requirements while maintaining user privacy. By leveraging blockchain technology, Violet enhances security and compliance across various financial and technological applications.
Privacy-Preserving Solutions
Violet emphasizes privacy-preserving solutions in its compliance offerings. All user data is encrypted and stored securely without being saved on-chain, which helps in protecting user information from unauthorized access and misuse. This level of privacy protection is particularly crucial in the context of decentralized finance (DeFi) where personal data security is of paramount importance. By employing advanced encryption methods, Violet ensures that compliance requirements are met without compromising user privacy.