Ethereum

Arbitrum

Nitro

<div class="smartliquidity">
 <h3 id="em-resonate-partners-with-kinto-a-layer-2-l2-rollup-leveraging-arbitrum-nitro-span-style-font-size-18-72px-technology-and-span-settles-on-the-ethereum-mainnet-with-a-primary-focus-on-ensuring-user-safety-and-fortifying-financial-applications-its-comprehensive-approach-includes-default-integration-of-kyc-insurance-aml-and-fraud-monitoring-at-the-blockchain-level-em"><em>Resonate partners with Kinto, a Layer 2 (L2) rollup leveraging Arbitrum Nitro <span style="font-size: 18.72px;">technology and</span>&nbsp;settles on the Ethereum Mainnet with a primary focus on ensuring user safety and fortifying financial applications. Its comprehensive approach includes default integration of KYC, insurance, AML, and fraud monitoring at the blockchain level.</em></h3>
 <p><strong><span class="OYPEnA text-decoration-none text-strikethrough-none">Enhancing Security with Kinto’s KYC Check and Streamlined User Experience</span></strong></p>
 <p><span class="OYPEnA text-decoration-none text-strikethrough-none">To ensure a secure environment, Kinto requires Know Your Customer (KYC) checks for participants. Transactions are limited to verified users, and Personally Identifiable Information (PII) is safeguarded by user-selected identity providers and managed by governance. Kinto offers a hassle-free user experience, granting access to crypto financial services sans browser extensions or private key storage, all thanks to its native account abstraction.</span></p>
 <h4><span class="OYPEnA text-decoration-none text-strikethrough-none">Exploring the Key Features of Kinto</span></h4>
 <p><span class="OYPEnA text-decoration-none text-strikethrough-none">Kinto is a platform that places great emphasis on enforcing KYC and AML protocols, while also offering built-in insurance, default revenue sharing, on-chain governance, and a targeted focus on financial use cases. The KYC process is facilitated through a unique NFT smart contract named Kinto ID, which is backed by identity nodes and KYC providers. </span></p>
 <p><span class="OYPEnA text-decoration-none text-strikethrough-none">Kinto prioritizes user privacy and does not store user data without permission. Access to personal data is granted only when allowed by the user. Kinto ID, an NFT-based gateway, serves as the starting point for all users, while KYC providers handle lost or stolen identity protocols. Identity nodes, with open-sourced code, manage Kinto ID NFTs, AML &amp; KYC updates, and stolen identity or lost wallet incidents. This secure framework benefits both users and developers.</span></p>
 <h4><span class="OYPEnA text-decoration-none text-strikethrough-none">In what ways can Kinto bring value to both the Revest ecosystem and Resonate users?</span></h4>
 <ul>
  <li id="a6fa" class="mq mr gr ms b mt mu mv mw mx my mz na nb nc nd ne nf ng nh ni nj nk nl nm nn no np nq bj" data-selectable-paragraph>Network-wide insurance powered by Kinto.</li>
  <li id="ff26" class="mq mr gr ms b mt nr mv mw mx ns mz na nb nt nd ne nf nu nh ni nj nv nl nm nn no np nq bj" data-selectable-paragraph>Network native compliance tooling for protocols.</li>
  <li id="e4fa" class="mq mr gr ms b mt nr mv mw mx ns mz na nb nt nd ne nf nu nh ni nj nv nl nm nn no np nq bj" data-selectable-paragraph>Easier Onboarding with Kinto’s privacy-preserving User Owned KYC and account abstraction.</li>
 </ul>
 <p><span class="OYPEnA text-decoration-none text-strikethrough-none">To conclude, the collaboration between Revest, Kinto, and Resonate represents a significant leap forward in the development of financial solutions within the cryptocurrency sphere.</span></p>
 <h5><strong>FOLLOW Kinto</strong></h5>
 <p><strong>Website | X</strong></p>
 <h5><strong>FOLLOW Resonate</strong></h5>
 <p><strong>Website | X</strong></p>
 <p><strong>RESOURCES</strong></p>
 <p><strong>Revest Finance</strong></p>
 <h5><span style="color: #ffff99;"><strong>REQUEST AN ARTICLE</strong></span></h5>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/resonate-partners-with-kinto-tbt77993.html">https://thebittimes.com/resonate-partners-with-kinto-tbt77993.html</a></p>

Resonate partners with Kinto

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TheBitTimes

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