Forte unveils open source rules engine to support safety and economic stability of blockchain development
San Francisco, CA, December 16, 2024, Chainwire
Forte’s open source rules engine empowers Web3 developers with dynamic, on-chain compliance and cost-effective solutions for digital asset launch and management.
Forte has officially unveiled and launched the Forte Rules Engine, an open source solution that allows developers to build secure on-chain environments and manage the digital asset economy for web3 apps. The rules engine allows developers to define and enforce rules, establish transaction guardrails, manage compliance obligations, and mitigate the risk of volatility and malicious actors, while supporting long-term digital asset utility and economic health.
Developers can now take advantage of the Forte rules engine by visiting forte.io/developers.
“The future of blockchain development is at a moment when building a strong foundation that creates a safe and sustainable environment for blockchain projects and communities to thrive is paramount,” said Bela Pandya, CEO of Forte. “The rules engine is built as follows: It provides developers with these foundational technologies that enable on-chain protection across a variety of critical functions. From anti-dumping controls for airdrops, to guardrails that ensure digital assets do not interact with approved wallets, to custom controls designed to mitigate volatility and market manipulation, our rules engine helps developers launch their projects with confidence. . “This opens a new chapter in blockchain development with new confidence in blockchain development with regulatory compliance, economic stability, and even more capabilities for the Forte rules engine.”
Fully compatible with all EVM chains and web3 wallets, the rules engine provides developers with the on-chain technology they need to build a secure and sustainable economy trusted by the community. This innovative suite of solutions aims to support:
A secure environment for digital assets
Forte Rules Engine uses on-chain guardrails to implement layers of protection and safeguards that help mitigate risk and govern digital asset markets. This technology leverages Forte’s regulatory partner ecosystem to streamline compliance navigation by facilitating know-your-customer (KYC) and wallet protocols as well as sanctions enforcement, fostering responsible practices, and building trust among users and communities. Enhancements such as the Zero Knowledge (ZK) feature help developers ensure privacy, identity verification, and transaction integrity.
economic stability
Developers have access to a variety of features designed to help communities launch, grow, and scale a trusted, sustainable economy. It includes both templates and custom rule sets that can be designed to mitigate market volatility and manipulation, enforce token utility requirements, and effectively manage trading volume.
The on-chain ruleset is designed for seamless integration and features third-party integration options, ready to meet developer needs from the start. This provides the flexibility to adapt and evolve with your project, ensuring scalability and stability.
Developers interested in leveraging the Forte rules engine for their next project can start building here.
About Forte
Forte provides open source on-chain solutions that create a secure environment and support a healthy and stable digital asset economy. Our trust and privacy solutions help developers manage compliance risk, promote economic stability, and leverage instant liquidity. Developers can deploy flexible and adaptable blockchain solutions that evolve to meet dynamic needs and are fully compatible with all EVM chains and web3 wallets. Forte and its ecosystem partners are currently collaborating with renowned developers to redefine the future of blockchain innovation.
contact
Sibel Sunar
47 communications representing Forte
forte@fortyseven.com