San Francisco, California, December 16th, 2024,
Chainwire
Forte’s Open Source Rules Engine Empowers Web3 Developers with
Dynamic On-Chain Compliance and Economic Solutions for Launching
and Managing Digital Assets.
Forte has officially unveiled and launched the Forte
Rules Engine, an open-source solution for developers to build safe,
on-chain environments and manage digital asset economies for web3
apps. With the Rules Engine, developers can define and enforce
rules, establish transaction guardrails, manage compliance
obligations, and mitigate the risks of volatility and bad actors –
all while supporting long-term digital asset utility and economic
health.
Developers can now utilize the Forte Rules Engine by visiting:
forte.io/developers
“The future of blockchain development is at a pivotal
moment where the need to build strong foundations that foster safe,
sustainable environments is paramount for blockchain projects and
communities to thrive,” said Bela Pandya, CEO of Forte, “The Rules
Engine was built to deliver these foundational technologies to
developers that enable on-chain safeguards across a wide array of
critical functions. From anti-dumping controls on airdrops to
guardrails ensuring digital assets never interact with sanctioned
wallets, and custom controls designed to mitigate volatility and
market manipulation, the Rules Engine empowers developers to launch
their projects confidently. This marks a new chapter for blockchain
development, driven by compliance, economic stability, and a
renewed sense of trust in blockchain development with much more on
the horizon for the Forte Rules Engine.”
Fully compatible with all EVM chains and web3 wallets, the Rules
Engine provides developers the on-chain technology they need to
build a safe, sustainable economy that their communities trust.
This innovative suite of solutions aims to support:
Safe Environments for Digital Assets
The Forte Rules Engine employs on-chain guardrails to implement
protective layers and safeguards that help mitigate risk and manage
digital asset markets. The technology streamlines compliance
navigation by leveraging Forte’s ecosystem of regulated partners to
facilitate Know Your Customer (KYC) and Wallet protocols as well as
sanctions enforcement, fostering responsible practices and building
trust among users and communities. Through enhanced features such
as Zero Knowledge (ZK) capabilities, developers can ensure
privacy, verify identities, and assure transaction integrity.
Economic Stability
Developers will have access to a growing set of features
designed to help launch, grow and scale a sustainable economy that
their community can trust. This includes both templated and bespoke
rulesets which can be designed to mitigate market volatility and
manipulation, enforce token utility requirements, and effectively
manage trading volume.
The on-chain rulesets are designed for seamless integration and
equipped with third-party integration options, ready to meet
developer needs from day one. They offer the flexibility to adapt
and evolve alongside the project, ensuring scalability and
stability.
Developers interested in leveraging the Forte Rules Engine for
their next project can start building here.
About Forte
Forte provides open-source, on-chain solutions that
foster safe environments and support healthy and stable digital
asset economies. Our trust and privacy-preservation solutions
empower developers to manage compliance risk, promote economic
stability, and leverage instant liquidity. Developers can deploy
flexible and adaptable blockchain solutions that evolve with their
dynamic needs - fully compatible with all EVM chains and web3
wallets. Forte and its ecosystem partners are currently working
with acclaimed developers to redefine the future of blockchain
innovation.
Contact
Sibel Sunar
47
communications on behalf of
Forte
forte@fortyseven.com