Ontology integrates Chainalysis to boosts security and compliance
October 20 2020 - 12:15PM
Coin Rivet
Open-source blockchain company Ontology has announced integration
with blockchain analytics firm Chainalysis as it aims to improve
security and regulatory compliance. Ontology will use Chanalysis’s
compliance and investigative solutions including KYT and the
Reactor, both of which have monitoring tools that help combat
illicit activity. Discussing the partnership, Andy Ji, Co-Founder
of Ontology said: “Chainalysis’s commitment to building trust in
blockchains is strongly aligned with our own values at Ontology
where we are dedicated to providing our community and our ecosystem
with the highest level of security and trust. “Joining forces with
Chainalysis allows us to further enhance our internal compliance
measures through their high-level services such as Chainalysis KYT
and Chainalysis Reactor. This integration also permits us to
increase ...
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