

Altme Launches the 1st Decentralized On-Chain Compliance Solution for BNB Chain dApps and DeFi Platforms



The solution aims to provide privacy-focused compliance within the rapidly evolving DeFi ecosystem.
[Paris, France] - Altme, a frontrunner in the Decentralized Identity landscape, announces the launch of the first decentralized on-chain compliance solution for BNB Chain dApps.
Breaking new ground with a privacy-focused compliance solution for Web3
This new product introduces a new era in seamless, privacy-preserving compliance in the rapidly evolving web3 ecosystem, particularly within the Decentralized Finance (DeFi) ecosystem.
Altme's on-chain compliance solution ingeniously combines decentralized identity and NFTs to help BNB Chain dApps remain regulation compliant while protecting their users' privacy.
Bringing seamless onchain compliance to the BNB Chain ecosystem
With Altme's solution, BNB Chain dApps can verify user compliance directly onchain. Here is how it works:
1. Download the Altme wallet: Altme is a non-custodial self-sovereign identity wallet that gives users complete ownership and control over their personal data.
2. Follow a one-time KYC: In the Altme wallet, users undergo a robust built-in KYC process and obtain several verifiable credentials such as proof of identity, proof of age, and proof of compliance. These credentials are self-sovereign, reusable, and easy to share.
3. Mint a compliance NFT: After obtaining their verifiable credentials, users can mint compliance NFTs directly on the BNB Chain. These non-transferable NFTs symbolize a unique compliance status, ensuring regulatory compliance while preserving user privacy.
Once users have minted their compliance NFTs, dApps can instantly monitor user’s compliance onchain, ensuring adherence to various regulations, such as KYC and Anti-Money Laundering (AML), without accessing user’s personal data.
Key advantages of Altme’s decentralized ID solution
The Altme wallet offers unparalleled benefits for web3 users and dApps:
- First of all, Altme is open-source and 100% free-to-use. This means all BNB Chain users can follow a free KYC process and mint their compliance NFTs at no cost.
- Secondly, by building their Decentralized Identity with Altme, users obtain tamper-proof, reusable, and instantly verifiable credentials to prove their identity, age, or compliance in the web3 ecosystem.
By combining self-sovereign identity with NFT in a user-friendly wallet, Altme empowers users to navigate the growing web3 regulatory landscape while preserving their privacy and data security.
"We are extremely happy to introduce one of the first on-chain compliance solutions built on decentralized identity standards," said Hugo MIR, CMO of Altme. "This new generation of crypto wallet will help Web3 users take full control of their personal data and protect their privacy, while also enabling dApps to remain fully compliant with regulations."
How to get started:
Altme invites all BNB Chain users, dApps, and protocols to explore its decentralized identity wallet and experience its benefits.
- For users, the Altme wallet is free to download on iOS and Android. Once you get verified, you can mint your compliance NFT.
- For dApps, you can learn more about Altme and its new product for onchain compliance by visiting: https://altme.io/business-onchain/
About Altme:
Altme is a leading provider of decentralized identity solutions for the web3 ecosystem. With a focus on self-sovereign identity and privacy, Altme enables compliant interactions between users and decentralized applications. Built on open standards and driven by a commitment to decentralization, Altme is shaping the future of decentralized web3 compliance: https://altme.io
Press Contact: Hugo MIR - Chief Marketing Officer at Altme
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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The platform’s variety of cross-chain lottery games include the 6/41 Lottery, Gylotto, 5/9 Lottery, 10 minutes Lottery, and Instant scratch NFT Lottery. This cross-chain approach ensures accessibility and inclusivity for players across the crypto landscape.
Tokenomics
At the heart of the Gyrowin ecosystem lies its native token Gyrowin ($GW), designed to serve multiple functions, including governance voting, liquidity currency, and incentives for DeFi users. The token structure is meticulously balanced, with allocations for various purposes, including liquidity, reserve, marketing and more, ensuring a sustainable supply-demand ratio. Notably, Gyrowin implements a burning mechanism and regular buybacks to maintain token value. Learn more about the token distribution and allocation here.

Borrowing and Lending with Ease
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Decentralization and Transparency
The platform places a strong emphasis on decentralization and transparency. Leveraging Chainlink oracle VRF for automation and accurate token price information, Gyrowin ensures fair lottery draws and automated lotteries. The platform also utilizes blockchain infrastructures like The Graph and layer zero for a seamless cross-chain experience.
Money Plant Staking and Freeze Lock
Gyrowin's staking process is designed to be competitive and rewarding for participants. Using a first-come, first-served approach and limiting staking amounts, Gyrowin offers higher yields in a short period. The platform’s innovative Freeze lock feature ensures that unlocked tokens are only available for use after a cooling period, providing additional security.
Smart Contracts and Audits
Security is a top priority for Gyrowin. The project's smart contracts have undergone thorough audits by leading security providers such as Hacken and Solidproof, ensuring the highest level of safety for users' assets.
Gyrowin is a game-changer in the blockchain and DeFi space, combining the excitement of lottery games with the security and transparency of decentralized finance. With its innovative approach to cross-chain functionality, governance tokens, and staking, Gyrowin is set to reshape the future of gaming and DeFi.
Stay updated with Gyrowin and its development via the official links:
Website | Twitter | Telegram | Docs
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $400. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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