San Francisco, California, December 16, 2024, PakGazette
Forte’s open source rules engine provides Web3 developers with cost-effective, dynamic on-chain compliance solutions for launching and managing digital assets.
Forte has officially unveiled and launched Forte Rules Engine, an open source solution for developers to create secure on-chain environments and manage digital asset economies for web3 applications. With Rules Engine, developers can define and enforce rules, establish security barriers for transactions, manage compliance obligations, and mitigate the risks of volatility and bad actors, all while supporting the utility of digital assets and the long-term economic health.
Developers can now use the Forte Rules Engine by visiting: forte.io/developers
“The future of blockchain development is at a crucial juncture where the need to build strong foundations that foster secure and 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 fundamental technologies to developers that enable on-chain safeguards across a wide range of critical functions. From anti-dumping checks on airdrops to security barriers that ensure digital assets never interact with permissioned wallets and custom controls designed to mitigate volatility and market manipulation, Rules Engine enables developers to launch their projects with confidence. This marks a new chapter for blockchain development, driven by compliance, economic stability and a renewed sense of confidence in blockchain development with much more on the horizon for Forte Rules Engine.”
Fully compatible with all EVM chains and web3 wallets, Rules Engine provides developers with the on-chain technology they need to build a secure and sustainable economy that their communities trust. This innovative set of solutions aims to support:
Secure environments for digital assets
Forte Rules Engine employs on-chain security barriers 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, encouraging 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 ensure transaction integrity.
Economic stability
Developers will have access to a growing set of features designed to help launch, grow, and scale a sustainable economy their community can rely on. This includes both custom and template-based rule sets that can be designed to mitigate market volatility and manipulation, enforce token utility requirements, and effectively manage trading volume.
On-chain rule sets 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 along with the project, ensuring scalability and stability.
Developers interested in leveraging Forte Rules Engine for their next project can start building here.
About Forte
Forte offers open source on-chain solutions that foster secure environments and support healthy and stable digital asset economies. Our trust and privacy preservation solutions enable developers to manage compliance risk, promote economic stability, and take advantage of instant liquidity. Developers can implement 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.
