Wyre Partners With Zeppelin to Make On-Chain Compliance a Reality

Wyre will be the first Validator on Zeppelin’s Transaction Permission Layer

At Wyre, we’re on a mission to help lower the barriers to entry for FinTech entrepreneurs by offering them compliant ports into a regulated fiat world.

tl;dr —We‘re collaborating with Zeppelin to make our On-Chain Verification compliance token into the first digital jurisdiction in Zeppelin’s Transaction Permission Layer (TPL) and Wyre will be the first Validator!

Zeppelin shares a common goal with us, to allow teams to get to market quickly and safely. It’s common knowledge that Zeppelin has set the standards in the community as a leader of smart contract architecture and security. Their libraries and tools have powered, collected, and secured billions of dollars for crypto projects.

💭 What is it?

ELI5 — Boom-Beach. Completing in-game tasks to unlock achievements is no different to obtaining attributes to join jurisdictions. In fact, TPL’s design could already work for this example.

Similar to how a smart contract defines the rules and archetype of a token, TPL does the same for individual Ethereum addresses. TPL is a broad term for the ecosystem and in this ecosystem, teams can set their own rules via a jurisdiction. Validators, such as Wyre, act as a resource to ensure whether participants are compliant with the rules of the jurisdiction.