Marina del Rey, CA-(Business wire)–Quadrata is a Web3 ID passport network that brings identity, compliance, reputation and provides real financial services to DeFi, adding a team of five trusted advisors. With the addition of these advisors, Quadrata contributes to the company’s mission to provide institutional financial and extended networks in the sector of institutional finance and DeFi, and to set the standard for institutional DeFi. increase.
Quadrata’s trusted advisors include Kristin Smith, Executive Director of the Blockchain Association, David Kravitz, Ph.D., Senior Research Director of Spring Labs, Don Ho, Executive Director of Quantstamp Technologies, Tony Sheng, Founder of Cosy Finance, and Sebastien Borget. increase. , Co-founder and COO of Sandbox. Each advisor brings a unique perspective to the team, contributes to the security and privacy protection characteristics of Quadrata’s protocol, facilitates the development of on-chain compliance-enabled solutions across DeFi and Metaverse, and facilitates public policy discussions on identity. increase. Blockchain.
Fabrice Cheng, co-founder and CEO of Quadrata, said: “This diverse group of leaders brings a perspective on what it takes to feel comfortable joining DeFi from traditional institutions, technology development, security protocols, government initiatives, and help to continually improve passports. And provide teams with DeFi / NFT recommendations. Create protocols and build standards for identity, compliance, and reputation in the blockchain. ”
“Quadrata’s passport network is designed to address the need for reputation in the blockchain through the import and release of user-controlled user information, while protecting the user’s identity under a pseudonym and respecting the user’s privacy. “It has been done,” said Dr. David Kravitz. Senior Director of Research at Spring Labs. “The secure foundation of the protocol can be applied to a wide range of use cases beyond DeFi. We look forward to working with our team to provide additional cryptographic support to improve the available information security.”
In the future, Quadrata hopes to work with advisors to discover new use cases, such as how Metaverse users can leverage identity and reputation protocols.
“Because Avatar will be the next digital identity of the Metaverse, we can build a trust and reputation system based on the interaction of“ in-game ”actions within the Metaverse with decentralized applications. Millions of people will have access to real-world financial services, including the DeFi protocol, “said Sebastien Borget, sandbox co-founder and COO.
Quadrata’s Web3 passport network was launched in March 2022 with the goal of enabling native on-chain access to identity, compliance and reputation. The passport contains the user’s current KYC status and ultimately earns a credit reputation. The Quadrata infrastructure supports a wide range of institutional adoption and a wide range of financial products at DeFi before it can be applied to other use cases.
About Quadrata:
Quadrata is a passport network that brings an identity and compliance layer to DeFi applications on existing public blockchains such as Ethereum. The smart contract application will leverage Quadrata’s unique technology to provide native access to KYC / AML status, country of residence, and future Quadrata passport holder credit reputation and accredited investor status. For more information on Quadrata, please visit www.quadrata.io or follow us on Twitter. @QuadrataNetwork..
